Conyers advised Schroder Investment Management North America Inc., a member of the global Schroder Group of companies (“Schroders”) with respect to its launch of a new “Class A Exempt Fund” domiciled in Bermuda. The fund will follow an investment strategy related to investing in securitized credit. This represents the second launch of a Bermuda domiciled investment fund for Schroders in the last six months. Schroders has a history spanning over 200 years and operates from 37 offices in 27 countries, including Bermuda. It currently manages in excess of US$487 billion on behalf of institutional and retail investors, financial institutions and high net worth clients around the world.
Elizabeth Denman of Conyers’ Bermuda office advised on the matter working alongside Simmons & Simmons LLP (London) and Seward & Kissel LLP (New York).