Partner Benjamin Delaunay practises within Gide’s Investment Funds and Financial Services team. He assists management companies, credit institutions and French and foreign investors on all issues pertaining to banking and financial regulations, in particular in the areas of financial services and asset management law. His three main areas of specialisation are:
- Structuring, and drafting documentation for investment funds (OPCVM, FIA), in particular in the real estate (SCPI and OPCI), private equity and infrastructure (FCPR, FCPI, FIP, FPCI, FPS, holding) sectors;
- Banking and finance disputes before the French financial markets authority (Autorité des marchés financiers (AMF)) and the French prudential supervision and resolution authority (Autorité de contrôle prudentiel et de resolution (ACPR)) during inspection, enquiries, and disciplinary procedures before the sanction commission;
- Advising French and foreign financial entities on the regulatory aspects of their activities, in particular on issues of licence, European passport, internal organisation and control, compliance, KYC/money-laundering, marketing financial products, and implementing corporate operations (restructuring, acquisition, transformation, liquidation) carried out by these entities or investment funds.
Benjamin Delaunay holds a Magistère in the law of economic activities (2006) and a Master’s degree in business law and economics (2006) from Paris I - Panthéon-Sorbonne University, and a Specialised Master’s degree in wealth management (2007) from ESCP Europe. He was admitted to the Paris Bar in 2009.
« The ‘truly transaction-oriented’ Gide Loyrette Nouel A.A.R.P.I. ‘always delivers an outstanding level of service’, with ‘a great response in terms of time, substance and general guidance’ and, according to one client, has ‘by far the best mix of technical expertise and practical experience among asset management lawyers’. The team ‘knows the industry in France, Europe and North Africa’ and is considered ‘a trendsetter with a reliable global network’ as well as ‘a great partner for long-term matters as it provides stability’. The fund formation practice is part of the firm’s wider investment management department, and it advises sponsors and investors on private equity funds and other private funds. The team’s workload is largely domestic, although Ann Baker, who co-heads the practice with Stéphane Puel, is also admitted to the New York bar. The ‘very-well connected’ Puel ‘has an in-depth knowledge of the asset management industry in all regulatory aspects and from a business standpoint’ and is ‘a sharp-witted strategist’ and ‘key influencer in asset management and finance regulation in France’. Counsel Rima Maitrehenry provides key support. Recent highlights include advising Omnes Capital on the structuring of a fund dedicated to investments in high environmental performance buildings, a first on the French market. The group assisted Unigestion Asset Management with structuring its fourth dedicated private equity secondary fund, and also acted for Korelya Capital on the structuring and formation of the K-Fund 1, which is focused on financing European, and in particular French, start-ups. Amundi, Eiffel Investment Group and Idinvest are also clients. Benjamin Delaunay made counsel in January 2017.
Legal 500 EMEA 2018