Our Investment Management practice is the largest to offer a full range of investment management services in the Benelux. Our practice is multidisciplinary and closely integrated with other related practice areas, such as Private Equity (focusing specifically on private equity transactions such as leveraged buyouts and venture capital transactions), Tax, Real Estate and Banking & Finance.

Fund formation
Fund formation constitutes a large part of a comprehensive range of investment management services. For the past 20 years, we have assisted sponsors of and investors in private equity funds pursuing all major investment strategies in a variety of markets, including buyout, venture capital, real estate, mezzanine, infrastructure, healthcare, energy, as well as fund of funds. Structuring such funds requires not only expertise in corporate, tax and securities law, but also a significant amount of industry knowledge. Our expertise is continually reinforced by our database of current market terms assembled through our fund formation work and through review of funds on behalf of institutional investors. In addition, we regularly assist in the formation, registration and maintenance of UCITS in the Netherlands and Luxembourg and the listing and delisting of public funds.

Our fund formation services include:

• Structuring and negotiating of the fund documentation with investors, from a tax and corporate perspective
• Structuring of carried interest, organisation of employee investment entities and structuring of other incentive arrangements
• Providing advice on complex investment management-related VAT issues
• Assisting with the registration and maintenance of UCITS in the Netherlands or Luxembourg
• Providing regulatory, corporate and tax advice to public investment entities and mutual funds (including UCITS), hedge funds, and proprietary funds sponsored by insurance companies, banks and other institutional investors
• Rendering capital markets-related work in relation to listings and delistings (through public offers or otherwise) of investment funds.

Assistance with fund investments
We regularly act on behalf of several large institutional investors in respect of their investments in private equity, real estate, hedge and other funds, in a tax as well as corporate and regulatory capacity.

Asset pooling and asset management arrangements
We are regularly involved in asset pooling and asset management arrangements, including fiduciary management arrangements for institutional investors and pension funds and institutional asset managers. Our services include corporate, regulatory and tax assistance.

Our specialists
Our specialists are based in our Amsterdam and Luxembourg offices, closely working together with team members in Brussels for Belgian investment management services. Team members posted to our foreign offices are increasingly involved in the team’s investment management work. We are heavily involved with associations such as the Dutch Venture Capital Association (NVP), the European Venture Capital Association (EVCA), the European Association for Investors in Non-listed Real Estate Vehicles (INREV) and the European Public Real Estate Association (EPRA).