Overview
Piotr is an Investment Funds Managing Associate in Linklaters’ Luxembourg office.
He advises leading global fund sponsors and managers on structuring, setting up and managing investment funds, mainly focusing on a broad range of alternative products (both unregulated and regulated). His areas of expertise include real estate, private equity, infrastructure, and private credit funds, as well as ELTIFs. In parallel, Piotr advises on retail products (UCITS), fund-related aspects of derivatives and is regularly involved in fund finance projects. In his practice, Piotr regularly works with the CSSF and has developed a deep knowledge of the local market standards as he navigates his clients through the regulator’s administrative practice.
He also advises fund managers, banks, investment firms and payment institutions on a variety of regulatory matters, including topics such as AML, reporting and licensing in Luxembourg.
Piotr completed a seat at Linklaters’ corporate / M&A practice in Luxembourg and two secondments: (i) of 4 months, to a Luxembourg office of a leading Swiss group providing asset management, insurance and private wealth solutions; and (ii) of 6 months, to the New York investment funds team of the firm.
Experience
- KKR: advising on almost all their EEA fund structurings for many years. During last year, we advised KKR on fundraises of closed-ended and open-ended funds, some of which are record-breaking for KKR, with different focuses varying across all asset classes (credit, real estate, infrastructure, private equity) and strategies. In each case, we assisted with the structuring of the fund entities, their establishment, marketing and distribution aspects, investor closings, and other more product-specific matters.
- Hines: on the establishment of Hines Asia Property Partners, its flagship pan-Asian open-ended core+ real estate fund, and Hines European Property Partners, its sister pan-European core+ fund.
- Franklin Templeton: on the structuring, establishment and fundraising of Templeton Turkey Fund II, the second generation of its Turkish private equity fund.
- responsAbility investments: advising impact manager in the structuring and fund raising of their Asia Climate Fund (target size of US$500m), featuring subordinated capital structure with junior and senior equity.
- EQT: on legal and regulatory aspects of the structuring, launch and fundraising of BPEA Private Equity Fund IX, an Asian-focused private equity fund that has raised USD 15.6 billion in commitments.
- Leading US real estate asset manager: on structuring, establishment, fundraise and ongoing operations of their various fund products and managed accounts (both regulated and unregulated).
- Leading US real estate asset manager: on an establishment of a Delaware rated notes’ feeder fund dedicated to investors that are Korean insurance companies.
Education, Qualification and Languages
Piotr holds a Master’s degree in European Banking and Financial Law (LL.M.) from the University of Luxembourg and a Master’s degree in Law (with honours) from the University of Wroclaw.
Piotr was admitted to the Luxembourg Bar in 2019.
He speaks Polish, English and French.
Thought Leadership
“New 2023 PRIIPs KID regime: a view from the EU and UK”, AGEFI Luxembourg (Nov 2023), co-authored with Raza Naeem.
“European Long-Term Investment Funds – New dawn beckons for retailisation of alternative strategies”, AGEFI Luxembourg (Dec 2022).