Carolyn J. D. Abram’s practice focuses on representing fund sponsors on the structuring, formation and operation of investment funds with a particular emphasis on private investment funds of various strategies (open- and closed-ended), as well as related secondaries transactions, fund restructurings, co-investment arrangements, and executive remuneration arrangements. She also advises and represents significant institutional investors, including sovereign wealth funds, seeking to deploy capital, into a range of investment structures including open- and closed-ended funds, separate managed account arrangements, co-investments, joint venture arrangements and other bespoke investment structures and platforms.
She also advises on a variety of private placements and private equity-related transactions, including cross-border and domestic acquisitions and debt financing for investment funds and vehicles, and portfolio companies.
Carolyn has practiced in London, New York, and Dubai, and has been seconded to both the New York and London offices of one of the world’s largest alternative asset managers.
In addition, Carolyn undertakes work for a range of pro bono clients, including the Emirates Foundation and #TeamAngelWolf.
Advised NBK Capital on the establishment of NBK Capital Partners Mezzanine Fund II and their carried interest arrangements in respect thereof.
Advised the sovereign wealth fund of a GCC country on investments in excess of US$1 billion, including into private equity funds, UCITS structures, separate managed accounts and funds-of-one.
Advised a leading Saudi Arabian financial institution on the establishment of a US$150 million Cayman Islands feeder fund for investment into a US logistics property fund.
Advised the FWU Group, a financial services firm based in Germany, in connection with a US$100 million Sukuk Al-Wakala program (Salam III Islamic bond issue) and on the drawdown of two tranches.
Advising GCC-based investment managers on the establishment of open- and closed-ended private investment funds across asset classes, predominantly in the DIFC but also other GCC countries and internationally, including the Cayman Islands and Channel Islands.
Providing securities law advice for the GCC region to international investment managers.
Advised a UK fund manager in raising a £250 million UK-focused private equity real estate fund.
Advised a Norwegian fund manager in raising a NOK 1.8bn (€200 million at the time) Nordic-focused private equity real estate fund.
Advised a UK fund manager in establishing a £1 billion pan-European infrastructure platform.
Advised a UK fund manager in restructuring a €250 million pan-European TMT private equity fund.
Advised a Canadian institutional investor in connection with their investments into multi-billion EUR private equity and infrastructure funds.
Advised a global bank in establishing a €500 million credit facility for a EUR 2bn+ pan-European credit fund.
Advised a global bank in establishing a €800 million credit facility for a EUR 2.1bn pan-European buyout fund.
Advised a US fund manager in raising a US$1 billion distressed private equity fund.
While seconded in house to one of the world’s largest alternative asset managers, assisted with raising private funds across their private equity, real estate and infrastructure platforms, including one of the largest private infrastructure funds ever raised at the time.
University of Oxford, 2010, B.A., Law, First Class
England & Wales (Solicitor)
Awards and Affiliations
Member, Practice Group of the Year, Asset Management, Law360 (2017)
Recommended, Investment Funds, United Arab Emirates, The Legal 500 EMEA (2018)