Phil Baynes is a partner in the Investment Funds practice.

He advises investment fund managers on the structuring, marketing, fundraising and operation of a wide range of private investment funds (including private equity, infrastructure, real estate and debt funds), co-investment schemes, carried interest arrangements and secondaries transactions. He also has significant experience advising institutional investors on their alternative investment programmes.

• InfraRed Capital Partners on its sale of a majority stake to Sun Life Financial Inc. and the divestment of its European and Asian real estate businesses*
• River & Mercantile on the formation of its inaugural £1 billion+ UK Infrastructure fund*
• Patrizia on the formation of its second European infrastructure fund*
• Yoo Capital on the formation of its second UK real estate fund*
• Astarte Capital Partners on the formation of its second special opportunities fund*
• A UK-based infrastructure manager on a £1 billion structured secondary transaction*
• Dalmore Capital on the formation of its fourth UK infrastructure fund*
• ARCH Emerging Markets Partners on the formation of a sustainable resources fund*
• Px3 Partners on the establishment of its business and the formation of its inaugural pan-European private equity fund*
• Several UK-based fund managers on the restructuring of their businesses*
• Various North American pension funds on their investments into funds and co-investment structures*