Simmons & Simmons has advised RBS Hoare Govett, as sole sponsor, bookrunner and broker on the initial public offering (IPO) of CQS Diversified Fund Limited, a closed-ended investment company incorporated in Guernsey.
The net proceeds will be invested by CQS Diversified Fund Limited in CQS Diversified Fund (SPC) Limited which in turn invests in a number of underlying funds managed by CQS Cayman.
The Simmons & Simmons team was led by equity capital markets partner Chris Horton and investment funds partner Steven Whittaker, supported by senior corporate associate, Rachel Lewis.
Commenting on the transaction, Chris Horton, said:“This transaction shows our strong asset management and equity capital markets platforms combining to deliver the specialist advice that our financial institution clients require.”
