Recognised as a leading investment funds lawyer in both the UK and Europe, Ravi is highly experienced in advising domestic and international venture capital, private equity, real estate and debt fund managers on structuring and negotiating private funds across a wide range of asset classes, investment strategies and geographies, and in and across various fund jurisdictions e.g. Luxembourg, UK, Delaware, Jersey, Guernsey, Cayman, BVI, and Gibraltar.
He also advises fund sponsors on structuring and documenting co-investment vehicles, feeder funds, pledge funds, and separately managed accounts (both contractual and vehicular).
Ravi further advises on the full range of management incentives, including carried interest and co-invest arrangements.
In addition, he provides advice on:
- EU regulatory and marketing funds regimes, such as the European Venture Capital Funds (EuVECA) Regulation, the Alternative Investment Fund Managers Directive (AIFMD), and the Cross-Border Marketing Rules; and
- UK regulatory and marketing funds regimes, such as the Collective Investment Scheme (CIS) regime, the Financial Promotion Regime, and the National Private Placement Regime (NPPR).
A significant aspect of Ravi’s structuring and regulatory marketing advice is enabling non-EU funds to market to EU institutional and retail investors, as well as enabling EU and other non-UK funds to similarly market to UK institutional and retail investors.
Ravi also has extensive experience advising various domestic and international SWFs, public and corporate pension plans, funds-of-funds, banks and insurers, family offices and HNWIs on investments into a range of alternative funds (e.g. venture capital, private equity, real estate, fund-of-funds, debt, infrastructure and hedge), including LPA and side letter reviews and negotiations.
He further advises both fund managers and investors on structuring and negotiating indirect co-investments in the venture capital, private equity, real estate and debt spaces.
Ravi also advises both fund managers and investors on indirect secondaries involving acquiring or disposing portfolios of funds interests in a range of international and offshore funds, including SPA negotiations and mitigation of US and UK tax consequences featuring in many indirect secondary transactions.