Sovereign wealth fund invests in real estate
We have a long standing relationship with a Middle Eastern sovereign wealth fund, in addition to acting for a number of other sovereign funds, through our specialist team. The relationship with the Middle Eastern client spans our offices in Jersey, Luxembourg, The Netherlands, Singapore and Russia and involves investment in a number of other jurisdictions. The entities are extremely active and involve regular liaison with the client, investment managers, property managers, lawyers and tax advisers. Through its Jersey companies, this client invests worldwide in prestigious properties including in hotels, shopping centres, office buildings and property funds as well as in private equity.
Deals for oil financing transactions
Our client is one of the world’s largest producers of oil and supplies a larger number of refineries and petrochemical companies. We established and managed to participate on a series of financing transactions for the supply of oil involving a series of deals financed by a syndicate of banks over a five year period with a total net value in excess of US$3 billion.
UHNW Private Client explores investment opportunity
We provide professional services to a wealthy Pakistani family who recently sold their telecommunication management group. Working with the client’s professional advisers a trust was created and special purpose vehicles (SPVs), wholly owned by the trust, incorporated to acquire investments in real estate, private equity, emerging markets and other investible assets. More recently additional SPVs have been incorporated to acquire high value real estate in London and Jersey with managing agents appointed to oversee each property, locate suitable tenants and provide regular reports to the SPVs.