Legal and compliance support across the value chain

We offer full scope legal and compliance support to closed ended fund managers, asset managers, portfolio companies and fund services providers. We can provide support on a full time, part-time or temporary basis, or through the provision of specific, matter-by-matter, advisory assistance.

Our advice is practical, commercially sensitive and solutions driven, delivered by legal and finance professionals with years of in-house experience.

We assist managers with all aspects of their advisory business establishment and operations

Services typically include:

  • Full or part-time GC cover on a short or long term basis
  • Fund structuring advice and support
  • Advisory entity establishment, including drafting relevant policies and procedures
  • Drafting minutes and resolutions
  • Constitutional documents and shareholder agreements
  • Regulatory advice and applications
  • Cross-border fund distribution strategy and advice
  • Reviewing and amending marketing materials, PPMs and subscription documents
  • Risk and compliance support
  • Creation and review of operational processes and controls
  • Governance advice
  • Fund constitutional document review and advice (e.g. LPAs and shareholder agreements)
  • Commercial contract drafting, negotiation and review
  • NDAs, commitment letters and exclusivity agreements
  • LPA and side letter review and amendment
  • Employment support
  • Data protection and IP/IT matters
  • Advising on loans to fund advisory businesses, fund capital call facilities and on leveraged acquisition and real estate financing documents
  • Transaction support (acquisitions, financings, reorganisations and disposals)

We advise on all aspects of the FCA authorisation process and ongoing regulatory compliance and reporting.

Services typically include:

  • Regulatory perimeter analysis to determine which FCA permissions are required (e.g. basic Part IV permissions / AIFMD / MiFID)
  • Preparation of a regulatory business plan and supporting documents
  • Preparation of all FCA application forms and supporting documents
  • Drafting compliance manuals and compliance monitoring frameworks
  • Advising on regulatory capital requirements
  • Liaising with other third party service providers (e.g. accountants) and stakeholders in connection with the application
  • Liaising with the FCA and co-ordinating responses to any follow up queries received

We provide outsourced compliance support to FCA regulated businesses.

Services typically include:

  • Drafting compliance manuals and compliance monitoring frameworks
  • Providing compliance training
  • Completing thematic compliance reviews
  • Completing policy and operational process updates in response to changing regulation
  • Providing compliance health checks
  • Processing investor KYC
  • Assisting with the creation of risk assessments
  • Providing ongoing compliance and risk monitoring
  • FCA liaison
  • Regulatory reporting
  • Provision of named compliance officer and MLRO (on request)

Contact the team to discuss your advisory requirements today

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Earlybird instructed Corvus to advise in connection with the establishment of its UK office, obtaining regulatory authorisation for the UK office from the FCA and the UK office’s sub-lease. Corvus also provide ongoing compliance advice. Corvus take a proactive, technical yet pragmatic approach to their advice and have worked closely and efficiently with Earlybird team members, our other advisers and our counterparties to deliver results.

Vincenzo Narciso
Partner Earlybird

“We’ve worked with Corvus on a range of matters including business as usual legal/operational support and transactional work. As a closed-ended funds specialist, Corvus understood our business from the start and were able to provide tailored, solution focused, risk adjusted advice. When picking external counsel to assist with a recent transaction, we had no hesitation in choosing Corvus.”

Rob Shaw
CFO Apera Asset Management

“Corvus worked closely with Federated Hermes Private Markets (formerly Hermes GPE) between February 2020 and August 2021. Corvus hit the ground running and quickly developed a deep understanding of our culture, commercial drivers and risk appetite, blending seamlessly with our investment, finance and tax functions. Corvus really felt like an in-house team and their practical, solutions-focussed advice was highly valued by the business.”

Karen Sands
COO Federated Hermes Private Markets

“Corvus have provided advice to us in connection with our cross-border client distribution exercises for a number of years. While this is a complex area with some significant grey space, Corvus aren’t afraid to take a view on difficult issues and suggest practical, operational outputs.”

Warren Hibbert
Managing Partner Asante Capital Group