We are a London-based law firm, built and shaped around the needs of our clients. Our blend of expertise, agility and culture means we have the flexibility to meet our clients’ most challenging demands and to champion innovation.
We operate in three broad areas: assisting clients with their major transactions, from complex M&A and real estate transactions to the creation of sophisticated financial products; aiding our clients with their most consequential litigation and investigations; and advising on all aspects of our clients’ private capital needs, working with asset managers, family offices and individual entrepreneurs. The scope of our services is distinct, and we are a foremost firm in each of these areas.
This year we have witnessed a significant rise in interest rates
to levels not seen since 2009. This is being perceived as a
tailwind for private debt funds as they lend at floating rates and,
therefore, benefit from higher interest payments when rates rise.
In turn, the appropriateness of current hurdle rates is under
question as investors view them as "too achievable".
In the second part of this two-part series, we explore
alternative options to raising hurdles that seek to address
investor concerns and maintain alignment between GPs and LPs.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
