Listed Funds

We have one of the leading listed investment company practices in London and have worked on a considerable number of high-profile, complex fund launches. Our top tier (Legal 500) team knows the market from every angle, acting for issuers, sponsors, investors, and activists.

We are one of a very small group of firms that has experience listing funds on all of London's equity capital markets – the London Stock Exchange's Main Market, the Specialist Fund Market, and AIM. We have also listed funds on the Luxembourg, Channel Islands, Irish, and Bermuda stock exchanges.

We have a balanced issuer- and bank-side practice, and we regularly act for all of the banks that are active in the London investment company markets.

Our strong and constructive relationships with the UK Listing Authority (the FCA) and the London Stock Exchange help to facilitate constructive and timely solutions to any regulatory roadblocks on fund listings and transactions involving parties that are listed.

Hear from our clients and industry leaders

Excellent depth of resource in the investment funds team with strong working knowledge of listed closed-end funds. Juniors to partners are all excellent in my experience."

Legal 500 UK, 2025

The Hogan Lovells team are absolutely excellent. They are very user-friendly, pragmatic, and conscious of the bigger picture. They get to the point of things extremely quickly."

Chambers UK, 2025

Hogan Lovells International LLP advises clients on their capital raising efforts, with particular experience advising funds targeting energy and infrastructure assets. The practice is also a popular choice for banks acting as bookrunners for listed funds looking to issue securities offerings. "

Legal 500 UK, 2025

A strong and deep team who understand the market well and don't waste time negotiating just to negotiate. They are all about getting the deal done while protecting their client."

Chambers UK, 2025

The technically excellent listed funds team at Hogan Lovells International LLP focuses on LSE-listed investment vehicles, advising funds specializing in both infrastructure and renewables, with further expertise assisting banks in transactions concerning listed funds."

Legal 500 UK, 2024

Key contacts

Erik Jamieson

Partner

Erik Jamieson

Partner

London

James Alder

Partner

James Alder

Partner

London

Jeremy Pickles

Partner

Jeremy Pickles

Partner

London

Amelia Stawpert

Partner

Amelia Stawpert

Partner

London

Jonathan Baird

Consultant

Jonathan Baird

Consultant

London

Meet the Listed Funds team

Representative experience

Investec Bank plc as sponsor on the c£5bn merger between Alliance Trust plc and Witan Trust plc, the largest ever M&A transaction in the investment trust sector. The merger brought together two of the largest London-listed multi-manager investment trusts to form Alliance Witan plc, a new member of the FTSE 100 with a net asset value of more than £5bn.

HICL Infrastructure PLC (HICL) on its initial public offering and all subsequent equity capital raising and corporate activity, including its redomiciliation from Guernsey into the UK.

BH Macro (Brevan Howard’s flagship listed fund) on its £1bn combination with BH Global and on a subsequent £315m share issue and establishment of a £1bn placing programme.

3i Infrastructure (3iN) on multiple share issues. We also advised the company on the appointment of 3i investments as AIFM and its conversion to a UK investment trust.

TwentyFour Income Fund (TFIF) on its all share merger with UK Mortgages Limited by way of a scheme of reconstruction, creating a market-leading listed credit fund managed by TwentyFour Asset Management LLP.

International Public Partnerships Limited (INPP) on its initial public offering as Babcock & Brown Public Partnerships and all subsequent equity capital raising and corporate activity.

Riverstone Energy on its £750m IPO in 2013 and subsequent capital raising, and for Riverstone Credit Opportunities Income on its US$100m IPO in 2019.

Pantheon Infrastructure PLC (PINT) on its initial public offering as well as various corporate and investment activity.

Foresight Environmental Assets Limited (FGEN) on its initial public offering as John Laing Environmental Assets (JLEN), its change of manager to Foresight Group LLP and all subsequent capital raising activity.

JP Morgan Cazenove and Akur as joint bookrunners on the £300m IPO of Digital 9 Infrastructure and additional share issues raising of over £900m in total. We also advised on the company’s migration to the premium segment of the LSE’s main market.