
Fund Formation
Structuring and launching the funds that channel capital into the region.
Funds — designed, launched, and lived with.
We advise fund sponsors on the structuring, formation, and launch of private capital vehicles targeting East African investment — PE, VC, debt, infrastructure, and real estate.
Our team pairs domestic regulatory depth with a working knowledge of international fund structures — one relationship for both sides of the wire.
- Domestic and offshore structures
- LPAs and side letters
- Regulatory approvals
- Ongoing operations and fund life
How we approach this practice.
We assist General Partners in the formation of investment funds, structuring limited partnership agreements, and advising on carried interest and management fee arrangements, including the regulatory aspects of cross-border fund structures often involving Mauritius or other financial centres.
Fund formation, end to end.
Domestic, Mauritius, and other offshore fund structures aligned to investor base and target.
Limited partnership agreement drafting and side letter negotiation.
CMA collective investment scheme and other regulatory approvals across relevant regimes.
General partner structures, carried interest, and management arrangements.
Investor onboarding, KYC frameworks, and subscription documentation.
Portfolio investments, distributions, secondaries, and fund wind-down.

A disciplined path from concept to close.
- 01Commercial Alignment
We start with the commercial map — economics, control, contributions, and outcome — before drafting a single clause.
- 02Structural Blueprint
A structuring memo sets out the vehicle, jurisdiction, tax treatment, and regulatory path, benchmarked against comparable matters.
- 03Documentation
Bespoke documentation drafted as an integrated instrument set — designed to survive later scrutiny.
- 04Approvals & Closing
Regulator engagement, condition-precedent management, and a disciplined closing choreography.
- 05Stewardship
Ongoing counsel through the life of the matter — governance, calendaring, and dispute-prevention.
Selected fund formation mandates.
A partial view of the mandates we have advised on — sanitised for confidentiality, but indicative of the scale and complexity of our work.
- 01
Advised a first-time GP on the launch of a debut East African growth equity fund.
- 02
Structured a Mauritius-based infrastructure fund with a Kenyan operating vehicle.
- 03
Counsel to a fund manager on the launch of a Kenyan collective investment scheme.
- 04
Represented an anchor LP on side letter negotiation across a series of regional funds.
Partners leading the practice.


Where this work connects.

Considering a matter? Speak with the partner who will run it.
A confidential, no-obligation conversation with a partner — usually within one business day.
