Neil Henderson

Experience Highlights

• Advised in relation to the formation and group structure of the Langhorne Group, including Langhorne Reinsurance (Bermuda) Ltd. (”Langhorne Re”), and its US$780 million private placement.
• Advised Wafra on the joint venture with The Alaska Permanent Fund Corporation, the Public Institution for Social Security of Kuwait, and RPMI Railpen to establish a new structure, Capital Constellation. Advised by Wafra Investment Advisory Group Inc the Constellation structure will provide catalytic investment capital to next generation private equity and alternatives managers. The founding investors initially committed US$700 million increasing to over US$1.5 billion in the next five years.
• Acted for the joint venture vehicle, Einn Volant Aircraft Leasing Holdings Limited., in relation to the creation by Caisse de dépôt et placement du Québec, a leading institutional asset manager, and GE Capital Aviation Services of a US$2 billion global aircraft financing platform, involved in the acquisition of modern fuel efficient aircraft from a diverse set of global airlines to be leased back under long-term leases.
• Acted for Roivant Sciences Ltd. in connection with a US$1.1 billion equity investment in Roivant led by the SoftBank Vision Fund. This investment, which includes existing shareholder participation, is intended to accelerate the launch of new subsidiaries within and beyond the biopharmaceutical industry.
• Acted for AABS Limited in relation to the US$650 million leasing asset-backed secured term loan in relation to the acquisition of 26 passenger aircraft from affiliates of GECAS.
• Advised on the first IPO ever made by an investment bank in Brazil – estimated at US$1 to 1.5bn of shares represented by stapled units listed on the São Paulo stock exchange (BM&F Bovespa), and on Euronext in Amsterdam.

Professional Background

• Corporate/Corporate Tax associate, Maclay Murray & Spens, Edinburgh
• Corporate, Funds associate, Carey Olsen, Channel Islands

Education

• Glasgow Graduate School of Law, Diploma of Legal Practice, 2003
• Glasgow University, LLB, 2002 (with Distinction)

Bar Admissions

• Bermuda, 2009
• Law Society of Scotland, 2004 (not currently practising)

Awards & Accolades

• Recognised in the 2019 edition (and since 2014) of IFLR1000 (financial and corporate)
• Recognised in the 2019 (and 2018) edition of Legal 500 Caribbean (banking, finance and capital markets)
• Recognised in the 2019 edition (and since 2016) of Legal 500 Caribbean (corporate and commercial)

Associations

• Bermuda Bar Association

Languages

• French

Corporate Digest: Notable Deals and Transactions - Spring 2019

Global IPO Report – July 2018

2017 Global Corporate Year in Review, January 2018

Bermuda Securitisations Bulletin, September 2017

Bermuda Corporate Practice Group 2016 Year in Review, January 2017

Bermuda Investment Funds Update – December 2016

"Raising Capital in the Aircraft Sector: Bermuda's Link in the Chain", Aviation Finance, August 2014

Business Bermuda, NEXUS Newsletter, November 2012 Issue, Private Equity in Bermuda: So Much More