Advises hedge fund managers on a wide variety of issues.
Regularly counsels clients on third-party investments in funds and managed accounts, and negotiates investment management mandates.
Advises global clients on funds’ regulatory obligations in the United Kingdom.

Tim works with alternative fund managers, particularly hedge and credit managers, and other asset managers ranging from the largest global houses to smaller start-ups. He assists clients as they launch and manage funds in key jurisdictions around the world. He also provides general investment management support and advice on the regulatory obligations that alternative fund managers face.

Tim advises on a wide variety of issues connected with alternative investment vehicles, including:

Launching of hedge funds, credit funds and funds of hedge funds
Legal considerations for segregated account agreements and managed account platforms
Fund restructurings
Side-letter and investment negotiations
Distribution arrangements
Regulatory advice
Structuring of asset management businesses.

Representative Work

Advised one of the longest-established hedge managers in Europe on the formation of an Irish Collective Asset-management Vehicle (ICAV) fund, employing a long/short equity strategy.
For a quantitative and systematic investment manager, advised on the formation and structuring of four new funds throughout 2017.
Provided advice in relation to the formation of a special-situations fund established as a closed-ended Cayman Islands exempted limited partnership, which was formed for the purpose of investing in illiquid special situations in Europe.
For one of Europe’s leading alternative asset and investment management companies, advised on the structuring and formation of a feeder fund. Worked alongside Akin colleagues in the corporate finance practice in connection with a loan facility as part of the structure.

"Tim Pearce is commercial, available and astute."

Chambers Europe, 2022

Education
LL.B. (Hons), University of Exeter School of Law, England, with honors, 1996

Bar Admissions
Solicitor, England and Wales

Recognitions

Chambers UK, Investment Funds: Hedge Funds, 2016-2025.
The Legal 500 UK, Leading Partner: Hedge Funds, 2020-2025; Hedge Funds, 2014-2025.
Chambers Europe, Investment Funds: Hedge Funds, 2015-2022.
Chambers Global, Investment Funds: Hedge Funds, 2017-2021.
Who’s Who Legal, Private Funds: Formation, 2020-2021.
Hedge Fund Journal Awards, Outstanding Individual Contribution to European Hedge Fund Industry, 2018.
Who’s Who Legal 100 and Compendium, 2016-2017.

Speeches and Publications

“The future of the UK regulatory regime,” HFM European Legal Summit 2021, Hampshire, November 2021.
“Seeding transactions for hedge fund managers,” AIMA Next Generation Manager Group Meeting, London, September 2021.
“Creating a Sustainable Organisation from Front to Back,” HFM European Leadership Forum 2021, London, March 2021.
“Operational Set Up and Virtual Due Diligence," Bloomberg Hedge Fund Start Up Conference - Navigating COVID-19, London, October 2020.