Simmons & Simmons has advised Crake Asset Management on the launch of its new London management business and its global long-short equities hedge fund structure, one of the largest European launches of 2019.

Richard Walker, CEO of Crake, says: “We really appreciate the work that the Simmons team, both in London and Dublin, did in delivering this project to time. They provided a very high quality service and we enjoyed working with them.”
 
Partner Devarshi Saksena adds: “It was a pleasure working with Crake on this project which allowed us to showcase our integrated UK and Irish asset management and investment funds capability. We have worked with a significant number of hedge fund start ups in the last three years and our new Irish capability, cements us as the go-to firm for the most exciting hedge fund start-ups in London, irrespective of which domicile they are choosing for their fund.”
 
The Simmons team was led by partners Devarshi Saksena (London funds), Colin Leaver (London corporate), Martin Shah (London tax) and Fionán Breathnach (Dublin funds) and supported by managing associates James McKnight, Hazel Doyle (Dublin funds, associate Eamon Lyons (Dublin funds) and supervising associate Kate Tracey (London funds).