The Fund practice group at Estudio Bosch Abogados has developed a unique experience and business knowledge advising investment funds and hedge funds managers in all aspects and stages of their operations. The firm has achieved its expertise in single funds, funds of funds and multi-manager funds. The area of practice include:

Fund Structuring and Marketing:

- Fund structuring, formation and governing documentation;
- Drafting of Fund’s offering documentation, Confidential Information Memorandum; Supplements and subscription documents;
- Advice on "market" terms for funds based on their investment strategies;
- Advice on fund marketing materials, including regulatory issues;
- Investor negotiations, drafting of side letters (most preferred nation agreements);
- Advice and negotiation of agreements with service providers (custodians and administrators);
- AIFMD rules on marketing and solicitation across Europe applicable to both Non EU and EU investment vehicles.

Fund Governance:

- Participation in Boards as independent and related directors, representing different classes of shareholders and the funds’ sponsors;
- Board governance, setting up procedures and reporting content and time frame in accordance with applicable legislation and industry good practice.

Compliance:

- IMC;
- U.K. investment adviser registration and compliance;
- Advice on managing conflicts of interest.

Operational Due Diligence:

- Participation in the investment selection process;
- Review of underlying portfolio funds offering and governing documents;
- Assessment of legal and contractual issues.

Management Companies:

- Employee and partner compensation arrangements and tax planning;
- Shareholders agreement. Voting, Pre-emptive and Non-dilution rights, Restrictive covenants, Tag and Drag Along clauses;
- Sales, acquisitions, spin-offs and internal and external exit strategies.
- The Firm advises EU advisory firms, as well as United Kingdom and British Virgin Island based licensed managers, and also represents them with their relevant regulatory authorities in all dealings associated with their management licenses.

- Through all these years of experience, the Firm achieved an understanding of the investment fund and hedge fund industry from both a legal and a business perspective and have been involved in the formation of every type of funds of hedge funds including.

The Fund Practice group is formed by Hernán Lopez Mazzeo (Partner) Celeste Crosby Piazza (Senior Associate) and María Clara Ríos (Junior Associate).