Gide, counsel to Unigestion on structuring its fourth secondary private equity fund
27 October 2016
Deals | France | Investment Funds & Asset Management
Gide has advised Unigestion Asset Management (France) on structuring its fourth dedicated private equity secondary fund, Unigestion Secondary Opportunity IV (USO IV).
Made up of two parallel investment vehicles, one in Luxembourg and the other in France, USO IV aims to acquire and manage a portfolio of interests in investment funds and restructured funds, and to make direct secondary investments. At the first closing of the two investment vehicles, investors committed in excess of EUR 177 million.
Gide's team comprised partner Ann Baker and associate Benjamin Delaunay on the legal and regulatory aspects of structuring the French vehicle, and partner Christian Nouel on the tax aspects. Arendt & Medernach advised Unigestion on structuring the Luxembourg-based vehicle.