Pan-European Infrastructure II

Provided legal advice to Deutsche Asset Management (UK) Limited in connection with the establishment and regulatory licensing of the two general partners of an English limited partnership known as the Pan-European Infrastructure II. 

The two general partners are a Jersey company and an English limited liability partnership. We advised on the general partners' applications for regulatory licences under the Financial Services (Jersey) Law 1998, as amended.  The application on behalf of the limited liability partnership was the first ever application for registration of a limited liability partnership in Jersey under the Jersey Financial Services Commission's new licensing policy for LLPs.  The Fund has a target size of €2 billion and will invest in infrastructure sectors in the EU and EFTA regions which are considered essential and/or desirable to the functioning of any economy or community, including: transport infrastructure, power and utilities, tele-communications, specialist sectors and logistics.  UK advisers: Clifford Chance LLP.