FIVELEX is a firm with broad expertise in asset management and it advises its clients in all the various phases of the analysis, launch and implementation of collective asset management projects. The professionals at FIVELEX have extensive experience with the various categories of funds - UCITS and AIFs investing in public equity, private equity, venture capital, private debt, credit and real estate - in the various phases of advising such clients:

• establishment of funds, including counsel on the creation of the various classes of units or shares;
• advice on the construction of carried interest and co-investment structures;
• formation of club deals;
• marketing of funds at the domestic and cross-border level, including advice on the legal and administrative requirements for the offering and distribution of investment funds in Italy and the drafting of the related offering documentation;
• fund mergers, including of a cross-border nature;
• ongoing counsel on the legal and compliance aspects of fund management;
• advice for funds in undertaking the related investment transactions;
• advice in managing the interests held by funds in listed issuers, throughout the various phases of investment, including participation in governance and damage claims;
• advice in fund liquidation processes.

FIVELEX also advises fund managers with regard to:

• authorisations and change of domicile processes for management companies;
• M&A and reorganisation transactions, including those with a cross-border component;
• counsel relating to company and corporate governance issues;
• agreements between intermediaries, such as placement agreements, management delegation agreements, advisory agreements and other cooperation agreements;
• relations with outsourcers, with regard to the related contracts and the associated obligations towards supervisory authorities;
• relinquishment of authorisation and liquidations;
• drafting of remuneration and incentive policies;
• support in relations with distributors;
• advice on the launch of new products and financial innovation processes;
• support in relations with supervisory authorities, including in the context of inspection procedures and related interactions with the authorities, as well as participation in consultations on future legislation;
• advice in sanction proceedings.

In addition, FIVELEX regularly advises fund managers on all matters of corporate and commercial law.

Corporate M&A >