Venture Capital 2025

UK Law and Practice Contributed by: Dylan Doran Kennett, Michael Jacobs, Stephen Newby and Mark Ife, Herbert Smith Freehills LLP

Stephen Newby specialises in investment fund matters and works with clients on fund formation and investment structuring across a wide range of asset classes. He advises

Mark Ife is a partner in the specialist remuneration and incentives team at Herbert Smith Freehills, advising both listed and private companies on the establishment and operation of

general partners and cornerstone investors, including venture funds, sovereign wealth funds, fund-of-fund investors and pension funds, on the establishment of private investment funds, club deals and managed account structures. Stephen works with clients on traditional venture capital, growth and buyout funds, as well as more sector specialist strategies and real assets. His experience also includes secondary transactions and co-investment structures, as well as work on asset management sector M&A and transactions for GP stakes.

cash- and equity-based incentive arrangements on a global basis. He advises on incentives taxation and the share scheme aspects of corporate actions, and is also recognised as one of the leading practitioners in financial services remuneration, advising on UK remuneration codes and implementing compliant remuneration structures. Mark is the author of “Employee Share Schemes” published by Bloomsbury Professional and is a regular speaker on share plans.

Herbert Smith Freehills Exchange House Primrose St London EC2A 2EG UK Tel: +44 2074 663 730 Email: dylan.dorankennett@hsf.com Web: www.herbertsmithfreehills.com

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