Norton Rose Fulbright advises Unigestion SA on launch of third Emerging Manager Choice fund

Global law firm Norton Rose Fulbright is advising Unigestion in relation to its fund Emerging Manager Choice III (EMC III), which has just held a successful first closing at EUR 275 million, more than two-thirds of the Fund’s EUR 400 million target size.

Unigestion is an asset manager focused on private equity’s mid-market leaders, providing tailored solutions for investors worldwide. The firm is a leading voice in the emerging manager space. Over the past 30 years, Unigestion has invested in over 100 emerging managers, supporting early funds of firms such as Archimed, Blackfin Capital and Vance Street Capital.

EMC III will invest in spin-outs from established (and hard-to-access) GPs and sector specialists with differentiated strategies, as well as in co-investments and late primary opportunities. The Fund seeks to provide performance and expense ratios similar to a direct fund, supported by risk management through diversification and selection.

Norton Rose Fulbright in Luxembourg is acting as lead counsel on this exciting project, covering the full spectrum of legal, tax and regulatory services. The team is led by Claire Guilbert, Luxembourg-based funds partner and co-head of Norton Rose Fulbright’s global asset management and funds practice, supported by associates Cyril Clugnac and Zaneta Chrostowska as well as other lawyers across the office, including the Luxembourg tax team led by Florent Trouiller.

Norton Rose Fulbright’s dedicated global funds and asset management team provides trusted counsel to the world’s preeminent funds investors, from the latest market practices to regulatory positions and trends. With more than 50 offices around the world and in each of the key global financial centers, the firm’s funds and asset management practice is driven by a unique, full-service approach.