Funds & Investments

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Legal advisory for investment funds

Our specialists provides full-service legal advisory across the entire fund lifecycle, supporting domestic and international clients with integrated legal, tax, structural and regulatory advice.

Sweden is a leading jurisdiction for the formation and management of investment funds, internationally recognised for its stability, transparency and investor-focused regulatory framework. With over 80% of fund assets managed locally, Sweden offers a mature and diverse investment funds market that serves both institutional and retail investors. Swedish fund managers lead the way in incorporating environmental, social and governance (ESG) considerations into investment strategies, making the country an attractive destination for sustainable investment.

With a strong commercial focus, we develop practical, business-oriented solutions tailored to your specific objectives. We coordinate seamlessly with legal and tax advisers across the Nordics and Europe to establish funds and investment structures in multiple jurisdictions, providing clients with efficient cross-border solutions for complex fundraisings and transactions.

Fund types we advise on
  • Private Equity Funds – Buyout and growth capital strategies
  • Venture Capital Funds – Early-stage and growth investments
  • Real Estate Funds – Property investment and development
  • Infrastructure Funds – Long-term infrastructure investments
  • Private Debt Funds – Credit and lending strategies
  • Hedge Funds – Alternative investment strategies
  • Impact Funds – ESG-focused and sustainable investments

Advisory services

Fund Formation and Structuring
  • Establishment of private equity funds, venture capital funds, real estate funds, infrastructure funds and alternative investment structures
  • Structuring of blind pool funds, separately managed accounts and co-investment vehicles
  • Formation of deal-by-deal structures and joint venture arrangements
  • Regulatory compliance under AIFMD and MiFID frameworks
Fundraising and Investor Relations
  • Drafting and negotiating fund agreements with investors
  • Review and negotiation of limited partnership agreements
  • Advice to investors on fund investments and co-investments
  • Structuring of incentive programmes and carried interest arrangements
Fund Management
  • Operational and regulatory advice for fund managers
  • Negotiation of asset management agreements
  • Corporate restructuring and portfolio management
  • Add-on investments and follow-on transactions
Exits and Secondary transactions
  • Divestments and exit strategies
  • GP and LP-led liquidity transactions
  • Continuation funds and fund recapitalisations
  • Secondary transactions involving fund shares or portfolio companies
Regulatory Expertise

Alternative investment funds in Sweden can be structured as special funds, contractual funds or associations (limited liability companies, trading partnerships or limited partnerships). We provide comprehensive regulatory guidance under the Swedish Alternative Investment Fund Managers Act (AIFMA) and assist with registration or authorisation requirements with the Swedish Financial Supervisory Authority (SFSA).