Overview
Gareth is a Partner in Linklaters’ Investment Funds practice and acts for leading sponsors on complex, cross-border fund formation mandates.
His practice covers the structuring, formation and operation of commingled funds, co-investment vehicles, separately managed accounts and funds-of-one investing across asset classes, with significant expertise advising on real assets and private credit strategies.
He has advised on a range of open-ended and closed-ended fund structures, as well as on bespoke evergreen, semi-liquid and other hybrid arrangements. He also has experience in fund-like joint ventures and club deals, carried interest structuring, and both GP-led and LP-led secondary transactions.
Gareth also advises institutional investors on cornerstone commitments to private funds and has represented various sovereign wealth funds on co-GP and revenue share arrangements. In addition, he provides ongoing house advice to sponsors and counsels frequently on fund-related regulatory matters such as AIFMD.
Experience
Gareth has advised:
- Barings on its European and US fund formation mandates in real estate, credit, infrastructure and other strategies, including:
- Barings European Core Property Fund: a market-leading core fund with over €2bn in commitments - Barings Real Estate European Value Add 2: a pan-European real estate value add fund, which reached its hard cap of €850m.
- Barings Global Private Loan Fund 4, Barings European Private Loan Fund 4, and Barings North American Private Loan Fund 3: global and geographic-focused direct lending strategies, with aggregate commitments in excess of US$5bn.
- Barings Global Special Situations Credit 4: a global special situations credit fund, with commitments of c.US$300m.
- Barings Target Yield Infrastructure Debt Fund: a high-yield infrastructure debt fund, with commitments of c.US$650m at final closing, and the first closing of its successor fund.
- Barings European Real Estate Debt Income Fund: a perpetual real estate debt fund, with current commitments of c.€400m.
- a number of managed accounts targeting private credit opportunities, with aggregate commitments in excess of US$3bn.
- Federated Hermes on the launch of Federated Hermes Diversified Infrastructure Fund, with seed assets of c.£1.2bn transferred as part of a secondary process.
- Feldberg Capital on the establishment of the Cora Fund, a UK brown-to-green office fund with target commitments of £300m.
- Harrison Street on the establishment of the Harrison Street European Core Fund, which focuses on investments in alternative property sectors.
- Hines on the establishment of their leading core+ strategies, Hines Asia Property Partners and Hines European Property Partners, with current aggregate commitments of c.US$3bn.
- IFM Investors on a series of infrastructure debt and equity managed accounts with a UK pension scheme and on multiple single asset co-investment transactions.
- several sovereign wealth funds and pension funds on their investments in alternative funds and investment platforms, including big-ticket co-investment and co-underwriting transactions, as well as co-sponsor arrangements.
Admissions