Kerill O'Shaughnessykerill.o'shaughnessy@mourantozannes.com
Location:
Jersey
Year of joining Mourant Ozannes:
2009
Practice Areas:
Funds
Employment history:
At Mourant Ozannes, Kerill has launched a number of real estate,
hedge, private equity, mezzanine and debt funds, established a
number of real estate investment structures and assisted on a range
of real estate fund restructuring and refinancing transactions.
Kerill also assists a team at Mourant Ozannes servicing a large
Jersey domiciled managed account hedge fund platform, including new
fund establishments and assisting on a recent project to
restructure a large number of the funds for marketing to US
investors.
Kerill joined Mourant Ozannes in 2009, having previously worked
as a Solicitor with Dillon Eustace Solicitors in Ireland. At Dillon
Eustace, Kerill gained particular experience in investment funds,
and was seconded for a period to the Paris-based investment
management arm of a major international bank, advising on Irish
domiciled funds, structuring investment funds across a number of
jurisdictions including the Cayman Islands, Hong Kong, and
Luxembourg and negotiating a range of derivative contracts with
counterparties of Irish funds. Kerill joined Dillon Eustace from
NCB Stockbrokers in 2005.
Professional qualifications:
Kerill obtained a degree of Bachelor of Business and Legal
Studies from University College Dublin in 2003 and was admitted as
a solicitor in Ireland in 2008 (currently non-practising).
Is a member of:
Kerill is a member of the Law Society of Ireland.
Highlight Deals:
a team at Mourant Ozannes, led by partner Joel Hernandez and
assisted by Kerill O'Shaughessy, Jonathon MacFeeters, Matt Satchell
and Stefan Chinniah, provided Jersey law advice in connection
with the launch and closing of DPE Germany II and its related
feeder fund (DPE II). DPE II is the second fund for Deutsche
Private Equity (DPE), a leading German investment firm. DPE II has
closed with approximately €350 million of capital commitments from
approximately 20 institutional investors. DPE Fund II intends to
invest in medium-sized companies with enterprise values of between
€10m and €100m in Germany, Switzerland and Austria. P+P Pöllath +
Partners advised DPE as the lead law firm (as to German law),
alongside Proskauer Rose LLP (as to US and UK law), Canadian law
firm Gowling Lafleur Henderson LLP (as to Canadian law), the
Luxembourg office Arendt & Medernach (as to Luxembourg law) and
Mourant Ozannes (as to Jersey law).
advising a consortium of investors on the £700m
sale-and-leaseback of a portfolio of 12 UK private hospitals from
the Spire Healthcare Group. The consortium of investors comprised
Malaysia's Employees Provident Fund, affiliated investment funds of
Och-Ziff Capital Management Group and Moor Park Capital Partners.
The aggregate price for the acquisition was £700 million including
debt finance provided by Standard Chartered Bank. The acquired
hospitals are to be leased back to Spire Healthcare Group operating
under long leases. The transaction involved the establishment of a
closed-ended Jersey Expert Fund which is listed on CISX and
established as a UK REIT. The main Jersey transaction team was led
by partners, Joel Hernandez and James Hill and assisted by
senior lawyers Kerill O'Shaughnessy, John Rochester, Jon
Woolrich and associate, Matt Satchell. This team acted for the
wider consortium as well as the financing elements and worked
alongside Norton Rose and Deutsche Bank, Jersey.
advising Malaysian state pension fund Kumpulan Wang Persaraan
(Diperbadankan) on the Jersey aspects of its £200m
acquisition of 10 Gresham Street, London EC2, including the
establishment of a Jersey property unit trust to acquire the
interests of Canada Pension Plan Investment Board and Hammerson, a
UK REIT, in the Gresham Street property;
providing Jersey advice to a Malaysian property consortium
comprising property group, SP Setia, Sime Darby and Employees
Provident Fund on the joint venture aspects of the consortium's
acquisition of landmark Battersea Power Station for £400 million.
The proposed development will be a 15 year project costing up to £8
billion;
advising on the Jersey aspects of the establishment of City
Merchants High Yield Trust Limited as a Jersey Listed Fund listed
on the Main Market of the London Stock Exchange arising out of a
scheme of reconstruction, voluntary winding-up and transfer of
assets by Main Market listed City Merchants High Yield Trust plc to
City Merchants High Yield Trust Limited pursuant to which
shareholders exchanged their shares for shares in City Merchants
High Yield Trust Limited;
advising on the establishment of Atlantic Regeneration 1 Unit
Trust, a closed-ended collective investment fund authorised as a
Jersey Expert Fund and listed on the Channel Islands Stock
Exchange, with Mourant Ozannes Securities Limited acting as CISX
listing sponsor. The Unit Trust provides indirect development
funding to an underlying English;
partnership which has entered into development arrangements for
the development of 477 residential units in 2 prime development
areas in conjunction with the London Borough of Barking &
Dagenham and Laing O'Rourke. £78m in funding commitments were
raised at first closing;
acting as primary Jersey legal advisor to Malaysia's Employees
Provident Fund in connection with its £1.5 billion investment in
commercial property in London, and surrounding areas and the
subsequent refinancing of the portfolio of assets;
advising JP Morgan on the Jersey aspects of its acquisition of
60 Victoria Embankment, London from Carlyle European Real Estate
Partners III;
advising Wereldhave N.V., a listed Dutch property investment
company on the Jersey aspects of its €100m acquisition of the
Dolphin Centre, Poole;
advising Milestone Capital Advisors Limited on the
establishment of a platform of Jersey closed-ended feeder funds,
the first of which was established to invest in a Mauritian master
fund advised by Milestone Capital Advisors Limited, an Indian real
estate investment firm, and IL&FS Investment Managers Limited,
one of India's largest private equity fund managers, and targeting
raising $200million for investment in real estate in India;
the establishment of Northzone VI, a venture capital fund
structured as a Jersey limited partnership, targeting to raise up
to EUR150m investing in European technology within the technology
companies. Leading Nordic and international institutional investors
participated in the first close of €90 million;
advising on the establishment of Resource Eastern European
Equity Partners I, L.P., a private equity fund targeting mid-cap
agribusinesses in Poland, as well as in other EU member states in
Central and South-Eastern Europe. Resource Eastern European Equity
Partners I, L.P. was established as a Jersey limited partnership
and authorised as a Jersey expert fund targeting commitments of up
to €200 million.
