Macfarlanes advises LGPS Central Limited on launch of private equity platform
Macfarlanes assisted with both the structuring and the formation of the platform. The platform is predicting annual fund launches, the first of which closed at the end of January 2019, and aims to manage and deploy in excess of £2bn over the next few years for investments in a mixture of fund and direct private investments.
The team was led by investment management partner Alex Amos and tax partner James McCredie with assistance from investment management solicitor Sweta Tandle.
Investment director of private equity at LGPS Central Limited, Omar Ghafur comments: “We met with a number of legal advisors during the selection process for this engagement and given the complexity of creating a bespoke product over short timeframe, Alex and his team at Macfarlanes were the natural choice.”