The funds and asset management practice group at A&O Shearman is highly sought-after among global asset managers, financial services corporations and banks. The team, which is under the joint management of Ellen Cramer-de Jong and Rens Bondrager, handles healthcare investment deals, tax classification matters and fund structuring mandates. Cramer-de Jong is well-equipped to advise clients on fund management matters and subscription facilities. Bondrager is proficient in fund licensing mandates and investment negotiations. Aron Berket is entrusted for his ability to offer ‘creative solutions to complex problems’. Charlotte Hoff is a key part of the team.
Investment funds in Netherlands
A&O Shearman
Praxisleiter:
Ellen Cramer-de Jong; Rens Bondrager
Weitere Kernanwälte:
Aron Berket; Charlotte Hoff
Referenzen
‘Aron Berket has in-depth knowledge of the sector, strong and to the point advice.’
‘The A&O team is a one stop shop for all financial related legal matters, deep in depth knowledge on all related field is available.’
‘Ellen Cramer-de Jong’s stands out for her ability to provide high level, pragmatic advice.’
Kernmandanten
Achmea Investment Management
Annexum
Anterra Capital B.V.
APG
ASR Nederland N.V.
BNP Paribas Asset Management
CAPZA
CVC
Eight Roads Investment (subsidiary of Fidelity Investments)
EQT Life Sciences
ILX Fund Management
Large insurance conglomerate NN Group’s Infrastructure Equity Investments B.V.
Large insurance conglomerate NN Group’s Private Debt Investments B.V.
Large insurance conglomerate NN Group’s Private Equity Investments B.V.
MRMJ Holding BV
Nationale-Nederlanden Levensverzekering Maatschappij (part of NN Group)
Orient Growth Ventures B.V.
PGGM Vermogensbeheer B.V.
Rabo Investments
Standard Investments B.V.
Vesteda Investment Management B.V
Highlight-Mandate
- Advising EQT Life Sciences (former LSP) on the complex cross-border migration of fund management from LSP Advisory B.V. to EQT Fund Management S.à.r.l., including due diligence, regulatory coordination, and ongoing Dutch law support for multiple funds.
- Advising ILX Management B.V. as the alternative investment fund manager of this fund re AIFMD issues and prudential issues.
- Advising Vesteda Investment Management, the AIFMD licensed manager of Vesteda Residential Fund, a close to EUR 10 billion real estate fund on all their investment related matters, SFDR and AFM related issues, including the redemption and issue of participation rights.
Jones Day
Jones Day is a ‘trusted global advisor’ to private equity firms, asset management firms and local funds, operating under the joint supervision of Quirine Eenhorst and Ate van IJlzinga Veenstra. Eenhorst is hailed as ‘one of the best funds lawyers in the Netherlands’ and is capable of assisting clients with fundraising mandates, real estate investments and fund structuring matters. Van IJlzinga Veenstra is ‘always available to think of solutions’ and acts for a mix of private equity and enterprise finance funds, bringing longstanding fund structuring experience. Anouk in den Kleef is a stand-out associate who demonstrates expertise in sustainability-fund related queries.
Praxisleiter:
Ate van IJlzinga Veenstra; Quirine Eenhorst
Weitere Kernanwälte:
Anouk In den Kleef; Benne Brouwer; Marloes Zaman
Referenzen
‘Trusted global advisor with strong roots in the local market. No nonsense advisors.’
‘Quirine Eenhorst has delivered a consistent professional service to me and my firm for the set-up, structuring and fundraising of several investment funds in the last decade. She leads her team efficiently and has an impressive eye for detail. She always comes with a practical solution.‘
‚Quirine Eenhorst’s proactive mindset is fully aligned with the entrepreneurial client base.’
Kernmandanten
Egeria Capital Management B.V.
Triodos Investment Management B.V.
Fondaction Gestion d’Actifs
Gilde Healthcare Partners B.V.
Climate Fund Managers B.V.
Capital A Management B.V.
Holland Capital Management B.V.
Enterprising Finance B.V.
Beaureale Group B.V.
BPD Europe B.V.
Rabo Fund Management B.V.
DM Capital Partners B.V.
Van Lawick Capital
Bluemetric B.V.
IBS Fund Management B.V.
Van Lanschot Kempen Investment Management N.V.
Ice Lake Capital Management B.V.
Privium Fund Management B.V.
Providence Capital N.V.
Highlight-Mandate
- Advised Egeria Capital Management B.V. on the establishment and fundraising of its sixth buy-out Fund including the establishment of a friends and family feeder vehicle and the structuring and acquisition of a warehoused investment.
- Advising Climate Fund Managers B.V. on the set-up of Climate Investor Three, a funding platform for the purpose of investing in energy transition infrastructure companies in the green hydrogen value chain.
- Advising DM Capital B.V. on the structuring and fundraising of Dutch Mezzanine Fund IV, a debt fund primarily investing in mezzanine and other private subordinated debt and unitranche investments in the Netherlands and Germany.
Loyens & Loeff
Loyens & Loeff acts for global investment management firms, private equity firms and large international funds on complex tax, regulatory, structuring, and fund formation mandates. Practice head Joep Ottervanger is sought-after for his depth of expertise in fund formation mandates. Ottervanger is supported by Vilmar Feenstra, who is praised for his ‘knowledgeable and commercial’ approach. Feenstra has strong credentials in multi-jurisdictional regulatory matters, impact investment transactions and portfolio restructurings. Roderik Boogaard handles a mix of transaction negotiations and the creation of private equity funds. Marco de Lignie moved into a consultancy role this year.
Praxisleiter:
Joep Ottervanger
Weitere Kernanwälte:
Vilmar Feenstra; Roderik Boogaard; Robert Veenhoven
Referenzen
‘Great team engagement, knowledgable, high quality standards.‘
‘We are happy with working with Vilmar Feenstra. He is accessible, energetic and masters the legal (fund) framework. He provides clear high quality advice, without making things too complex.‘
‘The team is big and therefore can offer a broad range of expertise on the topic. This results in a team of lawyers that can provide seamless cooperation between the various points of expertise in the investment funds practice.‘
Kernmandanten
AlpInvest Partners
Forbion (FCPM III Services)
Gilde Equity Management (GEM) Benelux Partners
Main Capital Partners
CBRE Investment Management
Waterland Private Equity
Rivean Capital
H2 Equity Partners
Goldman Sachs Asset Management
CVC DIF
EQT Life Sciences
Parcom Capital Management
Highlight-Mandate
- Advised Main Capital Partners in the formation of a continuation fund with capital commitments of at least €520m.
- Advised Forbion on the successful formation of three major investment funds with a total deal value of over €2.3bn, providing support on fund structuring, investor negotiations, and general advisory services.
- Advised Rivean Capital on the successful formation of Rivean Special Opportunity Fund II, acting as legal, regulatory, and tax counsel across multiple jurisdictions.
Orange Clover Law
Combining ‘a big law background with a boutique approach’, Orange Clover Law‘s investment management practice is sought-after for its depth of expertise in a wide array of fund-focused mandates. The team, which is led by Marcel van den Nieuwenhuijzen, serves a client-base consisting of US-headquartered private equity firms, domestic funds and financial services corporations. Van den Nieuwenhuijzen regularly advises clients on pension fund-related matters, while Alex Gonzalez stands out for his experience in fund governance and regulatory compliance. Duco Poppema is praised by clients for his ability to make ‘complex issues easy to navigate’.
Praxisleiter:
Marcel van den Nieuwenhuijzen
Weitere Kernanwälte:
Alex Gonzalez; Duco Poppema
Referenzen
‘Good knowledge of Dutch fund practices.’
‘Very good quality and big law expertise with a boutique approach. Small team, good availability, quick to follow up.’
‘Marcel van den Nieuwenhuijzen is knowledgeable and approachable. We enjoyed working with him and his team.’
Kernmandanten
MN Services
Habitat for Humanity
APG Asset Management
New York Stock Exchange
Quantum Delta
Avedon Capital Partners
Stichting Pensioenfonds Achmea
Robus Capital Management
NFA Management
Blackrock
Bouwinvest
Vanguard
Coatue
Nationaal Warmtefonds
Stichting Pensioenfonds Metaal & Techniek
Stichting Pensioenfonds van de Metalektro
The Sovereign Fund of Egypt
Andreas Capital
FERI Luxembourg
Legal & General Investment Management
Adler Real Estate
Underline Ventures
CNBB Equity Partners
Acrobator Ventures
Catalyze Group
Fiedler Capital
WDL Group
Eindhoven Corporate Finance Group (ECFG)
Coalition Capital
Innoswan Capital Partners
Leapfrog Investments
Knop Investments
IQ/EQ
Intertrust/CSC
Unified Vision Capital
Corum Butler
H2 Equity Partners
6 Degrees Capital
Orient Growth
Fortino Capital
Offseason Capital Partners
Rocket Equities
Avanz Capital
Highlight-Mandate
- Advising ABP and bpf Bouw on its fund investment in Benelux’s first impact buy-out fund Mentha Impact Fund I which solely focused on investments in companies that contribute to achieving climate and environmental goals.
- Acting as lead counsel to MN Services, one of the largest pension administrators and asset managers in the Netherlands, managing assets worth more than €170bn for a variety of pension funds in the Netherlands.
- Advising NFA in setting up multiple private equity funds and its asset management arm, including carried interest vehicle, preparation of regulatory advice and multiple closings.
Clifford Chance
Clifford Chance is entrusted for its depth of expertise across a wide array of fund financing mandates. Under the joint supervision of Nienke van Stekelenburgh, Robert Smits and Tjerk de Jonge, the team is adept at handling fund sales, capital call facilities and asset valuation matters. Van Stekelenburgh is noted for her capabilities in transactions involving local and regional clients. Smits handles a mix of regulatory compliance matters, fund reviews and tax advice. De Jonge impresses on a range of fund governance matters.
Praxisleiter:
Nienke van Stekelenburgh; Robert Smits; Tjerk de Jonge
Weitere Kernanwälte:
Michiel Sunderman; Marian Scheele
Kernmandanten
ABN AMRO Bank
Athora Netherlands
Blue Sky Group
Bolder Fund Services
Citco Fund Services
Connected Capital & Partners
EQT
Investment Fund for Health in Africa
Multifund
Natixis
Nederlandse Financieringsmaatschappij voor Ontwikkelingslanden N.V. (FMO)
Partners Group
PGGM
Rabo Investments
Rivean
Waterland
Swedfund
AlpInvest Partners
Highlight-Mandate
- Advised Waterland Private Equity on a variety of fund financings including the flagship Fund IX subscription facilities.
- Assisted the Blue Sky Group with the sale of its fund and asset management business to Achmea Investment Management.
De Brauw Blackstone Westbroek
The financial market and regulation team at De Brauw Blackstone Westbroek is sought-after among domestic and multinational asset managers and investment funds for its ‘sound advice’. The practice, which is led by Mariska Enzerink, is regularly entrusted in the Dutch market for fund creation and structuring advice. Groffen is a go-to contact for financial services providers, offering assistance with fund governance and regulatory approvals. Enzerink offers ‘to-the-point, strong advice’ and proves particularly proficient in fund restructuring mandates. Abe Stegenga is active in the real estate, infrastructure and private equity sectors. Kees Groffen retired from the practice.
Praxisleiter:
Mariska Enzerink
Weitere Kernanwälte:
Abe Stegenga
Referenzen
‘The team is very knowledgeable.‘
‘Mariska Enzerink is responsive and a quick thinker.’
‘A knowledgable team that thinks along with you and gives sound advice.’
Kernmandanten
CVC DIF
Waterland Private Equity Investments
APG Asset Management
Bouwinvest Real Estate Investors
Achmea Investment Management
AEGON Investment Management
Highlight-Mandate
- Advised DIF Capital Partners on the structuring and fund raising of two large infrastructure funds, DIF Infrastructure VII and DIF Core Infrastructure Fund III and multiple co-investment structures alongside these and other DIF funds.
- Advised leading financial services provider Achmea on its strategic partnership with Sixth Street in the Dutch pension and life market, with Achmea and Lifetri combining their pension and life portfolios.
- Advised Bouwinvest Real Estate Investors in relation to the restructuring of its real estate funds from public limited liability companies to funds for joint account.
Houthoff
The investment management group at Houthoff combines ‘technical expertise with a pragmatic, solutions-oriented approach’. The team’s client-base includes pension funds, investment managers and financial services companies. Practice head Oscar van Angeren is noted for his capabilities in regulatory compliance mandates, fund documentation drafting and fund structuring matters. Van Angeren is supported by the ‘accessible, responsive and proactive’ Marthe Bollen, who has experience dealing with fund licensing applications and issues surrounding AFM regulations.
Praxisleiter:
Oscar van Angeren
Weitere Kernanwälte:
Marthe Bollen; Ewoud van der Leek
Referenzen
‘This practice offers a personalised service. They have the ability to work closely with our in-house legal, financial advisers and other stakeholders to ensure advice is practical and aligned with our strategy.‘
‘Marthe Bollen is accessible, responsive and proactive and acts as a trusted adviser. She has the ability to see legal issues and find solutions in the context of the broader deal.‘
‘What makes this practice stand out is the combination of technical expertise with a pragmatic, solutions-oriented approach. The team demonstrates ability to anticipate client needs, providing advice that is not only legally sound but also commercially astute.‘
Kernmandanten
Amvest REIM
Osmosis IM NL
ASR Real Estate
NV Schade
Finner
Fields Group IV
Fidelity International
Capstone Investment Advisors LLC
Numeric Investors LLC
CBRE Investment Management
Volt Investment Holdings
Aqua Spark
PF Vervoer; Transport Industry Pension Fund
MSMEDA
Nexperia
Pension Fund Detailhandel
Pension Fund Medical Specialists
InsingerGilissen
BpfBOUW; Builders Pension Fund
Man Group Ltd.
Highlight-Mandate
- Advising Amvest REIM, one of the largest Real Estate AIFMD licensed fund managers in the Netherlands, on all its legal, regulatory and investment management related matters.
- Advising NV Schade, the occupational disability insurer for the metal and engineering industry, in contracting with a new fiduciary manager and the custodian.
- Advising on the launch of Osmosis IM NL, a Dutch based sustainable fixed income asset manager with an AIFMD license that is authorised to provide MiFID top up services.
NautaDutilh
The investment management group at NautaDutilh leverages ‘substantial market knowledge’ in its advice to real estate investors, asset managers and corporates. Larissa Silverentand is adept at fund reorganisation mandates and is entrusted for her ‘exceptional legal knowledge’. Frans van der Eerden has expertise in a wide range of asset management matters. Jasha Sprecher handles a mix of investment portfolio transfers and sustainable fund transactions, while Sven Uiterwijk boasts strong regulatory knowhow. Together, they form the practice's leadership quartet.
Praxisleiter:
Larissa Silverentand; Frans van der Eerden; Jasha Sprecher; Sven Uiterwijk
Weitere Kernanwälte:
Roderick Watson
Referenzen
‚Larissa Silverentand is very involved, knows everything about her client and how to relate the different subjects. She also knows how to interact in a way that client understands the legal language.’
‘Larissa Silverentand leads the practice. She is very responsive and has exceptional legal knowledge.‘
‚Frans van der Eerden is a legal expert who applies law to the business needs.’
Kernmandanten
Altera Real Estate
a.s.r.
AVP
Sixth Street Partners
GIC
ABN AMRO
Triple Jump
Cardano
Triodos Investment Management
Syntrus Achmea
NIBC Bank
Eaton Vance
ASN Beleggingsinstellingen
Rabobank
Van Lanschot Kempen
Cardano
AGRI3
STX
Quintet
Northzone
Conservation International
Highlight-Mandate
- Asisting the Achmea Dutch Residential Impact Fund, an institutional investment fund aimed at making existing Dutch rental properties more sustainable.
- Assisting Sixth Street in the contemplated merger of the pension and life portfolios of Achmea and Lifetri.
- Assisting GIC with its investment in Citco.
Van Doorne
Under the joint leadership of Daan Horsthuis and Harm-Paul Plas, the funds and investment management team at Van Doorne stands out for its ‘in-depth knowledge of the market’ and ‘pragmatic, hands-on approach’. Horsthius is regularly called upon to assist asset managers with the structuring of private debt and pension funds. Plas ‘navigates complex issues with clarity’ and is noted for his capabilities in multiple-fund investment mandates. Elise Stormmesand impresses with her ‘commitment to seeing matters through’ and is particularly active in the real estate sector.
Praxisleiter:
Daan Horsthuis; Harm-Paul Plas
Weitere Kernanwälte:
Sjoerd Stokmans; Elise Stormmesand
Referenzen
‘In-depth knowledge of the market and a pragmatic, hands-on approach. They understand the complexities of Dutch and international fund structures as well as the regulatory framework, and they are able to translate these into clear, practical guidance that works for us.‘
‚We view the team as accessible, responsive, and proactive in addressing our needs. Van Doorne stands out for combining strong technical expertise with practical execution and a genuine understanding of what matters to us.‘
‚We appreciate their collaborative way of working, which makes complex projects run smoothly. Innovative, solution-oriented advice.’
Kernmandanten
Corum Asset Management
Lister Buildings B.V.
Mogelijk Fondsenbeheer B.V.
A.S.R.
Candriam
Bouwinvest Real Estate Investors
Rockfield Real Estate
Achmea Investment Management
ABP pension fund
PureTerra Ventures
Synergia Capital Partners
Highlight-Mandate
- Advised Mogelijk, a Dutch fund manager linked to a large Dutch real estate finance company, on the formation of several real estate private debt funds.
- Advised Candriam, one of the largest asset managers in Europe, on various complex fund structuring and fund regulatory matters in the Netherlands.
- Advised Bouwinvest, one of the largest Dutch institutional real-estate investors, on several of its fund investments.
Finnius
Finnius advises asset managers, private equity firms and real estate companies on complex investment management mandates. Rosemarijn Labeur is sought-after for her depth of expertise in vendor due diligence, regulatory report drafting and investment risk management matters. Labeur leads the team alongside Tim de Wit, who offers ‘pragmatic advice’ in regulatory, structuring, and licensing matters involving sustainability- and carbon-focused private equity funds.
Praxisleiter:
Rosemarijn Labeur; Tim de Wit
Weitere Kernanwälte:
Rick Sanders
Referenzen
‘Tim de Wit is our primary contact and partner. He is an absolute expert in his field and really helps us translate complex fund regulatory matters to our business.’
‘Great team. Truly understand the needs of us as client.‘
‚Rosemarijn Labeur stands out.’
Kernmandanten
Alt Investments
Amdax
Anders Invest
Annexum
Aubley Capital BV
Berk Investment Management
Big Circle
Blackfin Capital Partners
Blauwhoed Investments
Blauwtrust Group
Cape Investment Partners
Carbon Equity
Cardano Risk Management
Commodity Discovery Fund
Commonwealth Investments
Corestone Investment Management AG
Degroof Petercam Asset Management, Netherlands Branch
Duinweide Investeringen
Farringdon Netherlands
FMO Investment Management
Hanzevast Capital
Holland Immo Group
Hoofbosch
IBS Capital
Innovations Industries
Juno Investment Partners
Kaya Capital
Kwynt Management
LYNX
Meesman Index Investments
Momentum Capital
NLC Fund Management
OBAM Investment Management
Ownership Capital
Polestar Capital
Primevest
Privium Fund Management
Quadrum Fund Management
Rax Finance
Riverdam Management
Sectie5
Sentinel Real Estate
Synvest
Transtrend
Triodos Investment Management
Troviq Private Markets
VasteLanden Investment Management
Veris Investments
Vesteda Investment Management
Wire Group
Highlight-Mandate
- Acting for Carbon Equity in the establishment of the first European Long Term Investment Fund, receiving approval from the Dutcho Authority for the Financial Markets.
- Served as lead financial regulatory counsel for IBS Capital on one of the largest asset management transactions in the Netherlands in 2024.
- Provided comprehensive regulatory assistance to Polestar Capital, in obtaining the AIFMD license + MIFID II top-up and in establishing an article 9 SFDR investment fund with a sustainable investment objective, with an initial target AuM of €500m.
Finway
Under the joint supervision of Nellemarie Moerland and Danielle Martens, Finway‘s financial law group is regularly sought-after for its ‘deep expertise in the alternative investment sector’. The team is particularly entrusted for its regulatory advice and elsewhere assists with licensing applications, fund structuring mandates and legislative queries. Moerland is noted for her capabilities in documentation revision and fund registration. Martens boasts a particularly strong track record in the real estate sector.
Praxisleiter:
Danielle Martens; Nellemarie Moerland
Referenzen
‘Finway combines extensive expertise in both fund structuring and legal advice, covering investment funds with liquid strategies as well as those with illiquid strategies.‘
‚Their strength lies not only in deep domain knowledge but also in their ability to think alongside clients in a practical way, rather than merely outlining the legal framework.’
‘I primarily work with Danielle Martens and Nellemarie Moerland. They consistently go beyond the standard frameworks to identify solutions that not only fit the client’s needs but also remain fully aligned with laws and regulations.‘
Kernmandanten
Vivet B.V.
OBAM N.V.
ValueMachines B.V.
AssetCare B.V.
Meerdervoort N.V.
Base Capital Fondsmanagement B.V.
Centillion Investment Partners B.V.
Jupiter Capital B.V.
Synova Capital B.V.
ClimbPace Capital B.V.
Dutch Sport Tech Fund (DST Management B.V.)
SysCat Capital B.V.
Orange Investment Managers Netherlands B.V.
Highlight-Mandate
- Assisting several investment fund managers, such as ValueMachines B.V. with a licensing application.
- Assisting several investment fund managers, such as Synova Capital B.V., with structuring an investment fund, providing strategic advice on governance and drafting fund documentation, including SFDR disclosures, and AML policies.
- Assisting OBAM with structuring a potential new investment proposition.
Osborne Clarke
Osborne Clarke is regularly entrusted for its expertise in fund creation and structuring mandates. Johannes de Jong serves as team lead and is recognised for his proficiency in regulatory compliance matters. De Jong has also recently assisted firms looking to form real estate, impact and private debt funds. Matthijs Leijendekker is a further specialist who brings expertise in regulatory approvals and fund structuring.
Praxisleiter:
Johannes de Jong
Weitere Kernanwälte:
Matthijs Leijendekker
Referenzen
‘Matthijs Leijendekker is always available to brainstorm about ideas and generously shares his views on market developments.’
‘Superb service. Truly recommend the financial services team of Osborne Clarke Netherlands.’
‘Johannes de Jong is very knowledgeable.‘
Kernmandanten
4RM Beheer I B.V.
Apex Depositary Services B.V.
Amvest Real Estate Investment Management B.V.
APF International B.V.
ASN Impact Investors (ASN Bank)
ASR Real Estate B.V.
Brickfund B.V.
Caplins Investment Management B.V.
Citco Fund Services
CL Venture Partners B.V.
Elite Fund Management B.V.
Equanimity Capital B.V.
Intertrust Depositary Services B.V.
Mint Tower Capital Management B.V.
OHV Institutional Asset Management B.V.
Real Estate Fund Management B.V.
Salt Capital
Schroders Plc.
StoneAge Capital
Sodefi Management B.V.
Van Eck Asset Management B.V.
Voordegroei B.V.
Highlight-Mandate
- Advising ASN Impact Investors on a unique fund structure in the Netherlands.
- Assisting Caplins Investment Management B.V. with the structuring of a new real estate offices fund.
- Assisting Real Estate Fund Management B.V. (REFM) with strategic advice on its governance structure, the restructuring of their management board and tasks and several (de-)notifications of board members and co-policymakers.