Investment funds and asset management

Our senior lawyers have advised on the formation of numerous retail/private funds, open/closed-ended funds, listed/unlisted funds, and Shari’a/conventional funds in most of the well-known onshore and offshore fund jurisdictions around the world, using a wide range of different types of legal vehicle (including companies, limited partnerships, trusts, and protected cell companies).

As a firm our focus is on the establishment of investment funds in Oman under Oman’s Capital Market Law and the Executive Regulations issued thereunder. In addition to drafting the fund prospectus, we help our clients to negotiate and settle the articles of association (the constitutional document of an Omani fund), as well as agreements with service providers (such as agreements with sponsors, investment management agreements, investment advisory agreements, administration agreements, registrar agreements, custodian agreements, and depositary agreements). We are also able to advise on ancillary fund structures, such as master/feeder/parallel funds (and related co-investment arrangements), and fund side letter arrangements. We have excellent relationships with all relevant regulators, including the CMA and the MSM.

We regularly advise on the establishment and licensing of fund managers and other regulated service providers to funds, the regulation of funds and fund managers, and the corporate governance issues affecting fund managers and the “management body” of Omani funds. We also regularly advise our clients on the Omani securities laws that are applicable to the marketing and offer of securities in Omani and non-Omani funds.