The team of Fund Formation & Investment Management lawyers at Borenius comprises some of the most respected in Finland. We represent fund sponsors in establishing and structuring funds and advise institutional investors regarding investments in funds throughout Europe and the United States. We also advise clients on agreements relating to joint venture investment vehicles, portfolio management arrangements and investment mandates. In all these areas we work with our strong tax group.
Complex fund structures and investment management arrangements require more than legal expertise. In addition to our long experience on both domestic and foreign structures, we also provide in-depth knowledge of market practices, a grasp of evolving regulation and seamless co-operation with tax experts.
We have in-depth understanding of investor expectations regarding fund terms and governance. We understand the different aspects of alternative management fee and carried interest / success fee models, whether it is a typical closed-end fund, an evergreen investment entity, a “club deal” or an asset management arrangement. Our experience covers buyout, venture capital, mezzanine, infrastructure and real estate funds, funds of funds, feeder funds, etc.
We also provide ongoing advice to management companies and investment firms on intra-group advisory agreements, co-investments and property management arrangements, shareholding and compensation schemes, the regulatory aspects of fund management and securities law aspects of marketing funds to Finnish investors.
Working together with our banking lawyers, we understand all the relevant issues when a leveraged fund borrows money to finance its investments.
Acknowledging the increasing regulation faced by private funds and the investment management industry, we actively monitor regulatory changes relating to financial services, such as the AIFM directive and the related venture capital regime. We actively participate in developing the regulatory landscape of the industry through our membership the Finnish Venture Capital Association and the European Venture Capital Association.