Key Takeaways
- • Macfarlanes has added Edward Prestwich as a partner in its Fund Formation team, expanding its advisory capacity for credit fund managers.
- • Prestwich is returning to the firm after previously serving as an associate in the Fund Formation team from 2014 to 2021.
- • The appointment is positioned as part of Macfarlanes' strategic investment in its credit funds practice, which the firm identifies as a priority.
- • Senior Partner Damien Crossley said Prestwich's return strongly supports the firm's focus on advising credit funds on house matters, funds and investments.
Summary
Macfarlanes has added Edward Prestwich as a partner in its Fund Formation team, according to the firm's announcement reported by Pulse 2.0. The hire strengthens the firm's capabilities in advising credit fund managers on fund formation, investments, and broader house matters.
Prestwich is returning to Macfarlanes after previously working as an associate in the Fund Formation team between 2014 and 2021. He will focus on credit fund formation and work alongside the firm's existing lawyers who advise private capital managers across the lifecycle of their funds. His practice is expected to cover advising credit fund sponsors on establishing and structuring investment vehicles, matters involving fund investments, and the ongoing operation of investment management businesses.
Macfarlanes described the appointment as supporting its continued investment in credit funds, an area it has identified as a strategic priority. The firm said the move will further strengthen its position in the London credit funds market and support its wider offering to private capital and alternative investment managers. The announcement comes as institutional investors allocate more capital to private credit and managers launch vehicles spanning direct lending, special situations, and structured credit.
Senior Partner Damien Crossley said: "Ed is a leading credit fund formation lawyer and we are delighted to welcome him back to the firm as a Partner." Prestwich said Macfarlanes "has one of the leading credit fund formation practices in the London market" and that he looks forward to helping drive that practice forward.
Prestwich is returning to Macfarlanes after previously working as an associate in the Fund Formation team between 2014 and 2021. He will focus on credit fund formation and work alongside the firm's existing lawyers who advise private capital managers across the lifecycle of their funds. His practice is expected to cover advising credit fund sponsors on establishing and structuring investment vehicles, matters involving fund investments, and the ongoing operation of investment management businesses.
Macfarlanes described the appointment as supporting its continued investment in credit funds, an area it has identified as a strategic priority. The firm said the move will further strengthen its position in the London credit funds market and support its wider offering to private capital and alternative investment managers. The announcement comes as institutional investors allocate more capital to private credit and managers launch vehicles spanning direct lending, special situations, and structured credit.
Senior Partner Damien Crossley said: "Ed is a leading credit fund formation lawyer and we are delighted to welcome him back to the firm as a Partner." Prestwich said Macfarlanes "has one of the leading credit fund formation practices in the London market" and that he looks forward to helping drive that practice forward.
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