Tax issues on stake sales and investment into managers: structuring, pitfalls and steps to take now
Private Wealth and Private Capital Investments
Supporting private wealth investment into private capital
Our combined strength across corporate, funds, tax, real estate and private client means we are ideally placed to advise on direct and indirect investments for private wealth clients.
Whether it be investing into and managing real estate, the creation of fund structures, private equity investments, alternative investment categories or venture capital investments, we understand the private wealth market and need for long-term control, flexibility and alignment with broader succession and family governance objectives.
Our clients are high-net-worth individuals and their families, family offices and structures. We leverage the extensive experience of our Private Capital practice to ensure our private wealth clients receive best-in-class advice, in an ever-changing world of diversification in asset classes, regulatory and tax change.
Work highlights include advising:
- Joshua Alliance and Falcon 24 TopCo Limited on the proposed take-private of N Brown Group plc, with an enterprise value of £408m to the company;
- the trustees of family trusts on the complete reorganisation of the trust structure, including the establishment of new trusts for different family branches and a private fund structure to enable trusts to access liquidity flexibly, while continuing to pool investments with other family branch trusts;
- Luxembourg-based family office, Sadel Group, on a £500m facility to refinance its cold storage business Magnavale;
- a consortium led by Lawrence Stroll on a strategic investment in FTSE250 luxury British sports car manufacturer Aston Martin Lagonda;
- Valderrama Limited, a JV company controlled by SPWOne V Limited, the investment business of Sir Peter Wood, on the proposed acquisition of Dignity plc;
- a family office on the creation of a new investment management group structure and a series of “in-house” investment fund structures through which its family members could invest efficiently;
- an international couple based in the UK with significant investments in multiple asset classes and sectors, ranging from extensive private shareholdings and crypto-assets. The advice focuses on the creation of long-term family wealth holding structures while balancing tax considerations in multiple jurisdictions and planning for potential changes of residence; and
- a senior private capital executive on the establishment of a family partnership vehicle designed to hold his co-investment interests so that the returns generated can be held for the long-term benefit of his young family.
