About
Harry is involved in all aspects of work relating to investment funds, both regulated and unregulated.
He advises a number of large asset managers and “host” authorised corporate directors on various matters relating to the structure and operation of regulated funds including: the establishment of umbrella and standalone OEICs and authorised unit trusts (UCITS, NURS and LTAFs); mergers/schemes of arrangement; fund terminations; fund range rationalisations and repositioning; new sub-funds; and various ad hoc changes and updates to their fund ranges. Harry has experience in large-scale project management, corporate transactions in the financial services sector, regulatory and advisory work, legal drafting and negotiation.
Harry also assists clients with investment management agreements, depositary agreements and platform and distribution arrangements, and advises clients in relation to on-going regulatory and compliance matters, including the application of the UCITS directive, AIFMD, MiFID II, the Benchmark Regulation, ESG regulation (including UK SDR, SFDR and the Taxonomy Regulation), tokenisation and crypto developments.
He is an active participant in Investment Association initiatives and spent several months on secondment at Legal & General Investment Management in 2021.
Experience
- Advising L&G on its merger between the Federated Hermes Property Unit Trust and L&G’s Managed Property Fund, creating a combined fund value of £4.7bn.
- Advising L&G Asset Management on a strategic partnership with Blackstone.
- Advising Octopus Energy Generation and Carne Global Fund Managers (UK) Limited on the launch of a non-UCITS retail scheme fund of alternative investment funds (NURS FAIF).
- Advising Carne Group on the regulatory approval from the FCA for the launch of a private equity-focused Long Term Asset Fund (LTAF) in collaboration with WTW.
- Advising Legal & General Asset Management (L&G) on the launch of its diversified private markets Long-Term Asset Fund (LTAF), the Legal & General Private Markets LTAF.
- Advising Arcmont Asset Management, and its independent authorised corporate director, Carne Global Fund Managers (UK) Ltd, on the launch of an open-ended private debt focussed fund under the Long-Term Asset Fund (LTAF) regime.
- Advising Link Fund Solutions on the funds aspects of entering into a definitive agreement to sell the business and certain assets of its independent UK authorised fund management business to the Waystone Group.
- Advising Northern Gritstone, a new investment business focused on university spinouts in the north of England, on its initial fundraising, which raised £215m.