Funds

There's little doubt that for every challenge in the current market, an opportunity emerges. Having the right team to exploit these opportunities gives you a definite advantage. At Collas Crill we work with our clients to take advantage of opportunities at all stages in the investment life cycle.

Our fund specialists offer advice on all aspects relating to the establishment, authorisation and structuring of funds and related investment vehicles. We have particular expertise acting for emerging managers building their businesses, helping managers to structure funds for esoteric and specialised asset classes and acting "LP-side" for major institutional investors. We provide a highly personalised service working with our clients and their onshore counsel to build strong relationships over the long term.

The depth of our funds practice is drawn from some of the world’s largest law firms with experience in a range of jurisdictions so we truly understand the needs and demands of onshore counsel, investors and their clients. We are well accustomed to working with clients investing across time zones, seamlessly managing matters and transactions between our Caribbean and European offices. No matter where our clients are based, we offer real time advice when and where it is need.

Delivering the best technical solution is a given, but we aim to deliver more by using our global experience to advise on emerging trends and the latest market practice. This is why we are increasingly recognised as one of the leading offshore funds law firms, with a reputation for blending technical excellence, innovative and commercially minded solutions with a truly global outlook.

  • The responsiveness of the team, the willingness to go an extra mile, and a very commercial approach.
    Legal 500 2022
  • Technically excellent, very personable, super responsive, competitive pricing.
    Legal 500 (UK) 2024
  • The Collas Crill team have a very hands on approach and like to understand the holistic picture when it comes to clients and their objectives.
    Legal 500 (UK) 2023
  • The team at Collas Crill has a diversity of background, knowledge and experience that sets it apart from other, bigger firms. The people come from various jurisdictions, giving a breadth of experience unusual for a smaller team.
    Legal 500 2024 (UK)
  • They are collaborators in the truest sense and combined with their strong technical skills and desire to provide a first class client service, they are firm we enjoy working with.
    Legal 500 (UK) 2023
  • The Collas Crill team have great knowledge of complex issues and are always willing to go the extra mile. I have had nothing but great experiences with them. I rate them especially for their partner availability, expert knowledge and eye for detail.
    Legal 500 (UK) 2024
  • They were extremely responsive and their in-depth knowledge of the fund space was invaluable to us.
    Legal 500 (UK) 2023
  • The Collas Crill team are not only experts but personable. They are a pleasure to deal with. Although a smaller player in the funds market, they provide a more personal touch.
    Legal 500 2022
  • An engaging and helpful team that is solution driven and client focused.
    Legal 500 2024 (UK)
  • They are very responsive, if someone is not in the office there is a backup which is communicated upfront. Client service is of high quality. It feels like they form a unity, a team, aligned with their company’s values and driven to one common goal.
    Legal 500 2022
  • The Investment Funds team at Collas Crill is excellent at providing strong commercial solutions and a high calibre of client care. They are always responsive and are highly knowledgeable about changes in the law. I would highly recommend them.
    Legal 500 2022
  • Collas Crill provided us with jurisdiction-specific advice in a specialized field in connection with an investment in a venture capital fund based in Jersey. They were able to provide the exact services we needed in the fund formation space.
    Legal 500 (UK) 2023
  • Very approachable and one of the only teams in Guernsey with the real depth and knowledge to launch and maintain investment funds.
    Legal 500 (UK) 2023
  • Collas Crill is my preferred offshore law firm. They are very focused, responsive, cost conscious and proactive. Every funds lawyer I worked with at Collas Crill was extremely technically able. They offer a very commercial approach and add value.
    Legal 500 (UK) 2023
Services
Fund finance
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Fund financing covers a range of financing possibilities but most commonly involves capital call or subscription facilities. It is a specialist area that requires an understanding of fund structuring, the risks involved in lending to funds and specific security requirements. Underlying relationships between investors, borrowers and lenders are key to the success of the industry. We work with lenders and borrowers to maintain these relationships at every stage of the process, with our commercial, efficient and pragmatic approach to managing transactions.

Investment fund formation
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Our uniquely diverse practice regularly assists with the establishment of both open and closed-ended fund structures. In addition to traditional Channel Island private equity and real estate structures and Caribbean hedge funds, we have advised on a number of alternative and esoteric classes. We work alongside our clients to understand their investment thesis and provide bespoke drafting to build the fund they want as opposed to generic template structures and documentation. We advise clients at every step of the process, including preparing offer documents, investor negotiations, the preparation of agreements, and in the closing of transactions.

Investor advice
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In a world of rising expectations, we are increasingly instructed by sovereign wealth funds, ultra-high net-worth individuals and funds of funds to review potential fund investments and negotiate side-letters or co-invest arrangements. We offer our clients a fast, efficient service with minimum fuss. This aspect of our practice gives us unparalleled insight of what is and isn't the 'market standard'; something all our clients benefit from.

Management and advisory contracts
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In addition to advising on the establishment of investment structures we advise on the drafting and interpretation of investment management and advisory mandates including performance fees and remuneration packages. Our practical yet precise approach in this highly technical area is driven by significant onshore experience. We are not a team of lawyers who "don’t do the maths" but understand performance related fee structures and incentives need to consider and capture the widest range of potential scenarios – our depth of expertise enables us to achieve that.

Unregulated and private investment structures
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Our investment practice is not limited to regulated investment funds. With private capital deployment a global trend we also advise clients on a range of unregulated and private structures. These include structures allowing new promoters to build a track record or investment clubs to access particular investments without incurring the time or financial cost of entering the regulatory regime. In addition we frequently work with our award winning private client team to provide investment fund like solutions for family offices or HNWs. Our team's experience in this often overlooked area of the investment sector can help our clients manage regulation and plan their structures for future growth without unnecessary limitations.

19 Dec 2024

Offshore investment funds

As the year winds down and the holiday season begins in earnest, investment and financial professionals take a moment to reflect on the year’s financial trends and start strategizing for the upcoming one. For those who manage or are interested in offshor...

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