We have developed an outstanding experience in the creation, establishment, authorization and marketing of any type of Italian UCIs (in addition to private equity and real estate funds, UCITS, non-reserved open-ended AIFs, reserved open-ended AIFs, guaranteed funds).

More specifically, we assist our clients in searching for and developing new products, supporting internal feasibility studies from a technical and legal viewpoint and preparing incorporation and offering documentation for UCIs (fund rules, offering and listing documents), as well as all legal contracts and documents regarding their establishment, promotion and management (e.g. outsourcing, custody, management delegation, distribution, prime brokerage, securities lending agreements (also under OSLA/GMSLA standards), financing agreements, ISDA contractual documentation). With specific regard to deposit and sub-deposit of funds’ assets, we assist clients in drafting and negotiating trilateral (or multilateral) agreements, both in relation to the investment by funds in other funds or to derivatives transactions or securities lending, supporting the involved parties in finding appropriate operational solutions for compliance with the Bank of Italy rules on sub-deposit of funds’ assets.

We also assist clients in the fulfillment of the obligations arising from the admission to listing, or from extraordinary product range reorganization transactions (e.g. merger of funds).

Practice Areas