Fund Finance
Scottish limited partnerships have several key characteristics that mean they are frequently used as investment vehicles in fund finance transactions. So cross-border deals that use them in their fund structures will often require specialist Scots law advice.

“The team is more proactive and pragmatic than other firms in the market. They are always responsive and make themselves available.”

Legal 500 (2020)

Our market-leading Fund Finance team has significant experience of advising on cross-border deals that use Scottish limited partnerships in fund structures. We act for UK and international banks and alternative lenders, and frequently work alongside lead counsel in jurisdictions such as London, the Channel Islands, Switzerland and the United States.

A key difference between Scottish limited partnerships and those in a number of other jurisdictions is that Scottish partnerships have separate legal personality and are distinct from their partners. As a result, Scottish limited partnerships can own assets, borrow and grant security on their own behalf. We ensure that our clients understand and can exploit the full implications of this and other Scots law features.

Our expertise includes:

Subscription facilities
GP and Manager facilities
NAV facilities
Facility documentation
Due diligence on Scottish limited partnerships and the agreements regulating them
Advice on security enforcement in Scotland
Legal opinions (including power and capacity, and security enforceability)

Meet our key contacts