The legal work was notable for having to provide flexibility in the fund documents for an array of macroeconomic issues and regulatory changes that were topical during the fundraising, including fears of a potential breakup of the Eurozone, the demise of the Euro as a currency, and the AIFM Directive.
Ropes & Gray fielded a team incorporating both U.K. and U.S. funds and tax attorneys, including private investment funds partner Matthew Judd and tax partner Jay Milkes.
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