INVESTMENT FUNDS

BUSINESS

We have a wealth of experience in the investment fund sector and deep understanding of the asset management industry. We advise both domestic and foreign real estate investment funds, private equity and venture capital funds, hedge funds and fund managers on various matters including fund formation, corporate structuring, investment and transactions, marketing and distribution of the funds and preparation of all the relevant documentation. In cooperation with our foreign advisors we can assist our clients to establish foreign investment vehicles in favourable jurisdictions, such as Luxembourgish SIF or RAIF.

REGULATORY

Our regulatory services cover a broad range of issues related to investment funds and asset management. We provide advice in respect of fund structuring and their launching, including licensing of funds or their managers at the Czech National Bank (CNB) as per AIFMD or UCITS directives, compliance with all applicable regulatory requirements, on-going regulatory matters and liaising with CNB. We provide complex services in respect of cross-border marketing and distribution of AIFs and UCITs, including passport notification procedures.

KEY AREAS

We help investment funds, asset managers, investors and any other players in the asset management industry in a number of areas, such as:

 FUND FORMATION AND CORPORATE STRUCTURING

We provide complex legal services in respect of establishing and structuring of various collective investment and qualified investor schemes, including formation of SICAV with sub-funds, common fund (FCP) or limited partnership company with investment certificates (KSIL). We know how to help our clients when establishing foreign investment vehicles in favourable jurisdictions such as Luxembourg.

 LICENSES FROM CZECH NATIONAL BANK

Unless the client decides to use services of the licensed management company, we can provide complex legal and regulatory services and prepare all the relevant documents necessary to obtain the license from the Czech National Bank in respect of the management company, administrator or the autonomous investment fund (including the license as per AIFMD or UCITS directive).

 CROSS-BORDER MARKETING OF FUNDS

We provide full legal and regulatory services in respect of cross-border marketing of funds in the Czech Republic and passport notification procedures within the EU. We advise our clients on private placement restrictions and other relevant requirements for the cross-border marketing and distribution of AIFs or UCITS.

COMPLIANCE AND INTERNAL PROCESSES

Our services include external compliance function and regulatory support to licensed asset managers and management companies. These services may include setting up internal processes, drafting internal documents, monitoring of laws and their changes, implementation of new regulations, adjusting AML/CFT processes, provision of external DPO function and lecturing and support of the relevant employees.

REORGANISATION AND FUND LIQUIDATION

We provide comprehensive advice on mergers and other forms of reorganisations of the funds. We have unique experience in respect of liquidation and closing of funds and sub-funds.