
Investment Funds
Investment Funds overview
Our offering
We pride ourselves on the breadth of our offering, spanning private fund formation, investor representation, secondary transactions and strategic GP advisory mandates. Given the cross-practice nature of our mandates, our Investment Funds team collaborates seamlessly with specialists in other disciplines such as tax, regulatory (including CFTC, BHCA, ERISA and CFIUS), M&A, antitrust, fund finance, ESG and disputes. Our deep insight into the market enables us to understand our clients' needs and tailor the appropriate solution.
Private fund formation
We have extensive experience advising on the establishment, structuring and management of blind pool funds, separately managed accounts, deal-by-deal structures and co-investment vehicles across a broad range of private capital strategies. We have advised emerging managers and sophisticated sponsors across private equity, real estate, infrastructure, credit, venture capital and impact funds. Our structuring expertise ranges from traditional closed-ended structures to evergreen and semi-liquid structures.
Investor representation
Having worked extensively with sovereign wealth funds, pension funds, insurance companies and family offices on the deployment of billions of dollars into their private capital investment programs, we have unique insight into their specific commercial, regulatory and policy needs. We advise our investor clients on primary investments, co-investments, secondary transactions and strategic arrangements with GPs. We bring a balanced and pragmatic approach to negotiations with fund sponsors.
Secondary transactions
Our secondaries specialists have advised clients on numerous buy-side GP and LP-led liquidity transactions, with deep experience with continuation funds, portfolio sales, fund recapitalizations and preferred equity transactions. We invest in keeping on top of the terms and trends that shape a rapidly evolving secondaries market. We have thought through many of the considerations relating to the drivers and structures for a range of secondary transactions.
Strategic GP solutions
We leverage our extensive experience advising various stakeholders on GP stakes and strategic solutions, a rapidly evolving sector in the funds space. Recognizing that there is no "one-size-fits-all" approach to such transactions, we integrate our fundraising, secondaries and M&A experience to structure and implement innovative solutions tailored to the transaction parties.
Key contacts
Areas of focus
Related services
Recognized as a 'Firm to Watch', Investment Fund Formation and Management: Private Funds
Legal 500 UK 2026
Emily Brown recognized as a 'Leading Partner', Investment Fund Formation and Management: Private Funds
Legal 500 UK 2026
Highly Recommended for W&C M&A funds database
Financial Times Innovation Award 2023
Highly Recommended for Private Equity, Fund Structuring and Corporate/M&A in Luxembourg
Leaders League 2022
Ranked Tier Two for Investment Funds in Hong Kong
Legal 500 Asia-Pacific 2023
Ranked as a Leading Firm for Investment Funds in Asia-Pacific and Greater China
Chambers Asia-Pacific 2023
Ranked among the “Elite” law firms for Corporate/M&A in the United States and New York
Chambers USA 2023
Ranked Band 1 for Banking & Finance Globally
Chambers Global, 2023
“Private funds-related work is the team’s core strength and its versatility at advising on both closed and open- ended vehicles has seen it regularly instructed on both standardised, as well as highly bespoke hybrid structures.”
“The firm has deep experience and expertise in fund formation and structuring across various strategies and geographies. Client-oriented culture and very close team work to deliver high-quality product on time.”
Legal 500 Asia-Pacific 2023
Client quote: “They are able to understand and support our team’s commercial requirements…White & Case are efficient, responsive and offer commercial advice.”
Chambers Asia-Pacific 2023, Investment Funds: Private Equity and Hedge Funds (International Firms)
White & Case Luxembourg Funds team “is well-positioned to leverage the firm’s extensive global network and asset management connections.”
Legal 500 2023 EMEA
“Noted for its expertise in matters involving real estate, finance and investment funds. Sources say: ‘we are very impressed with them as they have a good command of everything.’”
Chambers UK 2022
“Breadth of coverage and capability is mind-boggling.’”
Chambers USA: Private Equity 2022
“A true partner during the deal process. Always thinking outside the box and coming up with creative solutions and leverage strong negotiation tactics.”
The Legal 500 US, 2022: Finance – Advice to Borrowers