Formation of Alternative Investment Funds

Mazanti Transactions advises managers on all legal aspects regarding fund formation and operation of alternative investment funds and has gained a reputation as market leader in Denmark within this highly specialized area through long-term cooperation with Danish and foreign managers, DVCA and Invest Europe.

Our advice to managers includes all aspects related to fund formation and operation of alternative investment funds, including advice on:

  • Fundraising, fund structure and fund formation, including project management in order to minimize manager expenses until closing risk is minimized
  • Feeder funds and co-investment structures
  • Structuring of manager, general partner and carried interest and co-investment vehicles
  • Regulatory requirements for fund structures, including requirements for AIFM registration or authorization as well as possibilities for EuVECA registration
  • Preparation of internal procedures with the purpose of ensuring appropriate business practices and compliance with regulatory requirements
  • Tax aspects, including advice regarding avoidance of permanent establishment in Denmark for foreign investors
  • FATCA, CRS, GDPR and money laundering
  • Negotiation with potential investors in order to ensure market conformity, including handling of side letter requirements
  • Legal opinions

Mazanti Transactions also advises investors on all legal issues regarding investment in alternative investment funds, including:

  • Determination and negotiation of client-specific criteria and requirements for investment, including in respect of costs, fees, carried interest, ESG standards and co-investment rights
  • Due diligence, including assessment of AIFM, FATCA, CRS, GDPR and money laundering compliance
  • Review of fund documentation to identify deviations from market-based terms and ensure appropriate implementation of investor requirements
  • Review of legal opinion
  • Assistance with the completion of subscription forms

Mazanti Transactions is recommended in the 2020 edition of the international rating publication Legal 500. Clients state that:

"They are knowledgeable and hands-on and deeply experienced within private equity"
Legal 500, 2020

"Very much hands on with full partner attention into all matters"
Legal 500, 2020

"Very efficient and pragmatic lawyers"
Legal 500, 2020