Tax issues on stake sales and investment into managers: structuring, pitfalls and steps to take now
About
Harriet advises fund managers and institutional investors on establishing and managing private funds across asset classes, including private equity, credit and real assets. She combines technical expertise with practical judgement, helping clients design structures that are commercially competitive and aligned with investor needs.
Her practice spans the full fund lifecycle – structuring and fundraising (including co-investment, managed accounts and hybrid vehicles), negotiating terms with investors, and advising on team incentives such as carried interest. She also works closely with the Corporate and M&A and Tax teams to ensure structures are effective for capital deployment and tax efficient.
Harriet has significant international experience, regularly advising on funds established in Luxembourg and other key fund jurisdictions, and gained first-hand insight into US investor expectations during a secondment in New York.
Recognised by Law.com International as a Female Rising Star in 2024.
Experience
- Advising 17Capital on the closing of 17Capital Strategic Lending Fund 6, which has successfully held a final closing at $5.5bn including co-investment and affiliated entities.
- Advising Growth Capital Partners on the close of their “one and done” fund, GCP Fund VI, at £411m.
- Advising SV Health Investors on the closing of its latest fund, Dementia Discovery Fund 2 (DDF-2) closing above the target of $250m.
- Advising CBPE on its oversubscribed “one and done” fund, CBPE Fund XI, which closed at £714m.
- Advising Legal & General on the establishment of a £350m residential property development build-to-rent joint venture.
- Advising Alcuin Capital Partners on a GP-led secondary for the Third Alcuin Fund.
- Advising Keyhaven Capital Partners on its co-lead investment backing Miura Partners’ single asset GP-led transaction into Proclinic Group.
- Advising the commercial real estate business of investment management firm ARA Europe on its latest dedicated commercial real estate debt fund, Venn European Credit Real Estate Fund II, which closed at €360m.
- Advising UK-based Apache Capital Partners, a leading private real estate investment management firm, on a new project funding partnership to support Moda Living’s £302m Great Charles Street scheme in Birmingham.
- Advising circular economy growth investor Circularity Capital on its latest fund, Circularity European Growth Fund II, which closed at €215m.
- Advising SV Health Investors on the raising of its first dedicated biotech fund which closed at its hard cap of $265m.
- Advising ECI Partners on the raising of its eleventh buyout fund (ECI 11), which closed after hitting its hard cap of £700m within 80 days of launching.
- Hayfin Capital on its latest special opportunities strategy, which attracted total commitments of over €2bn and on its latest European direct lending strategy, gathering €3.5bn.