Contact details

James Tinworth

T: +44 20 7809 2082 M: +44 7780 483 175 Email James | Vcard Office: London

James Tinworth Partner

Contact details

James Tinworth

James Tinworth
Partner

T: +44 20 7809 2082 M: +44 7780 483 175 Email James | Vcard Office: London

James provides funds and UK financial services regulatory advice. His funds work focuses on hedge funds but he can advise in relation to all types of fund structures including private equity, finance, real estate and true alternative funds. James is a specialist in the AIFMD.
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James regularly advises on the structuring, establishment, operation and restructuring of investment funds. He has experience of a wide variety of fund structures (both open and closed-ended, including hybrid hedge-private equity funds and UCITS) established in a number of jurisdictions (both onshore and offshore).

James has advised on numerous fund launches for clients ranging from small start-ups to large, established fund managers. He regularly drafts and negotiates, and advises on the full range of fund-related documentation (including non-standard documentation such as side letters, managed accounts, remuneration deferral arrangements, performance fee wording etc.).

James regularly advises in relation to the UK regulatory regime, the AIFMD and other EU legislation, financial promotion rules, conduct of business issues and other aspects of the FCA Handbook.

James also advises investors on the legal issues relating to investments in funds.

James was identified by The Legal 500 UK 2016 as a "key individual".

"understands managers of start-up hedge funds... extremely good at adapting to the flexibility of the evolution of plans as a project unfolds"
The Legal 500 UK 2017

  • Investment funds
  • Banking and financial services regulation

Fund launch

Acted as EU counsel for a Cayman domiciled hedge fund focussed on listed energy and natural resources related companies. We were instructed to (1) provide an AIFMD review of the offshore feeder’s prospectus (to ensure that it contained the required AIFMD disclosure), prepare an AIFMD wrapper, assist with the UK AIFMD filing and provide related advice; (2) draft the shareholders agreement between the initial shareholders of the manager; (3) review and negotiate the appointed representative and FCA regulatory hosting/umbrella agreements.

Fund launch

Acted as lead fund counsel in relation to the launch of a Cayman domiciled shipping derivatives fund.

Fund structuring and documentation

Advised on the structuring and documentation of a new real estate fund. The fund is to be structured as a typical Private Equity Real Estate limited partnership in Jersey.

Fund structuring and documentation

Advised on the structuring and documentation of a new trade finance fund. The fund is to be structured as a limited company in Jersey.

LLP work

Advised various clients in relation to their LLP members agreements and changes thereto.

Joint venture work

Advised a fund manager client in relation to a joint venture agreement with another fund manager concerning part of its business.

Establishment of a new fund management business

Advised a client on the establishment of their new hedge fund management business and negotiated a highly unusual set of regulatory hosting/joint venture agreements.

More: Investment funds

AIFMD

Advising numerous clients in relation to the AIFMD.

MiFID II implementation

Advised numerous UK fund managers in relation to the implementation of MiFID II and its interaction with the AIFMD.

European marketing

Advised numerous non-EEA AIFMs in relation to the marketing of their AIFs in the EEA and the availability of passportable structures.

Advised a non-EEA client in relation to the establishment of its European marketing office and related advice about its European marketing efforts.

Definition of "AIF" and "collective investment scheme"

Advised a number of clients in relation to whether the relevant vehicle or product was an AIF and/or a collective investment scheme.

Appointed representatives and regulatory hosting arrangements

Advised a number of clients about the UK's appointed representative (AR) regime and related regulatory hosting arrangements.

FCA rules

Advised a number of clients in relation to the FCA Rules, including COBS, SYSC, PRIN, SUP and FUND.

More: Banking and financial services regulation

  • Funds and financial services

Fund launch

Acted as EU counsel for a Cayman domiciled hedge fund focussed on listed energy and natural resources related companies. We were instructed to (1) provide an AIFMD review of the offshore feeder’s prospectus (to ensure that it contained the required AIFMD disclosure), prepare an AIFMD wrapper, assist with the UK AIFMD filing and provide related advice; (2) draft the shareholders agreement between the initial shareholders of the manager; (3) review and negotiate the appointed representative and FCA regulatory hosting/umbrella agreements.

Fund launch

Acted as lead fund counsel in relation to the launch of a Cayman domiciled shipping derivatives fund.

Fund structuring and documentation

Advised on the structuring and documentation of a new real estate fund. The fund is to be structured as a typical Private Equity Real Estate limited partnership in Jersey.

Fund structuring and documentation

Advised on the structuring and documentation of a new trade finance fund. The fund is to be structured as a limited company in Jersey.

LLP work

Advised various clients in relation to their LLP members agreements and changes thereto.

Joint venture work

Advised a fund manager client in relation to a joint venture agreement with another fund manager concerning part of its business.

Establishment of a new fund management business

Advised a client on the establishment of their new hedge fund management business and negotiated a highly unusual set of regulatory hosting/joint venture agreements.

AIFMD

Advising numerous clients in relation to the AIFMD.

MiFID II implementation

Advised numerous UK fund managers in relation to the implementation of MiFID II and its interaction with the AIFMD.

European marketing

Advised numerous non-EEA AIFMs in relation to the marketing of their AIFs in the EEA and the availability of passportable structures.

Advised a non-EEA client in relation to the establishment of its European marketing office and related advice about its European marketing efforts.

Definition of "AIF" and "collective investment scheme"

Advised a number of clients in relation to whether the relevant vehicle or product was an AIF and/or a collective investment scheme.

Appointed representatives and regulatory hosting arrangements

Advised a number of clients about the UK's appointed representative (AR) regime and related regulatory hosting arrangements.

FCA rules

Advised a number of clients in relation to the FCA Rules, including COBS, SYSC, PRIN, SUP and FUND.

More: Funds and financial services

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