Nicholas Blomfield

Partner – Finance, asset management, banking, corporate, securities, privacy & data protection

Nicholas Blomfield

Nicholas Blomfield

Partner – Finance, asset management, banking, corporate, securities, privacy & data protection

Nicholas has over ten years of international experience and transferable knowledge in transactional and advisory work, covering banking, asset management, venture capital, financial regulation, corporate projects, start-ups and compliance. He has worked with some of the pre-eminent global companies and financial institutions including BlackRock, Credit Suisse, Bank of America Merrill Lynch, Barclays, FIS, Stormharbour and Banco Santander. Nicholas has worked extensively with UHNW family offices, sovereign wealth funds and venture capital funds across the GCC, Europe and APAC.

Nicholas has advised on a variety of transactions, including fund launches (AIFs, UCITS and REITS), private fund creation (including Islamic funds), large scale regulatory projects (MiFID II, BRRD, Priips) and alternative investments (venture capital, private equity and real-estate). At BlackRock for example, he advised on the two high profile public fund launches including the BlackRock Circular Economy Fund and BlackRock China A-Shares Fund. Other matters he has advised on in recent years include:

  • advising on the co-investment of a separately managed Sariah account for a Saudi client valued at $20bn
  • advising on the proposal and structure for integrating securities lending into a Middle East clients’ £11bn portfolio
  • advising the global franchising of a sports services provider
  • advising on Liability Driven and Securities Lending segregated IMA £2.5bn mandate for a major UK pension fund
  • advising on the launch of the BSF European Unconstrainted Equity Fund and BSF Global Equity Absolute Return Fund
  • coordinating the production and legal aspects of financial promotion materials for over sixty jurisdictions
  • advising on the update of a global distribution agreement relating to cross-border distribution of products and retrocession payments
  • advising on a private fund of funds for a consortium of APAC clients looking to invest into a Cayman vehicle via a London based finance broker
  • advising on a $1bn client portfolio solution to diversify current holdings to integrate ESG sleeves
  • creating the global merchant acquiring business onboarding policy for cryptocurrency clients (interpreting JMLSG and MLD5 requirements)
  • successfully obtaining the finance and brokerage licence for a Luxembourg entity
  • establishing a regulated Irish entity and successfully obtaining A1 and A2 licences
  • negotiating the DPA and security arrangements for a surveillance software
  • negotiating a lengthy and complex MSA and privacy agreement with an Australian Investment Bank
  • assisting with the negotiation of an MSA for service offerings and products for a ‘big four’ client.




Jurisdictions

  • England & Wales
  • UAE

Specialisms

Finance - regulation, acquisitions, project, Islamic finance; asset management - public & private funds and trusts; Investments – venture capital, private equity, start-ups, seed funding; Fintech - cryptocurrency, blockchain

Qualifications

    • Law Society of Ireland
    • Law Society of England and Wales
    • Cert China University of Political Science and Law
    • LLB Law Exeter University

Career

  • FIS
  • BlackRock
  • Barclays Investment Bank
  • DRS LLP - Projects: Credit Suisse, CIBC, Bank of America Merrill Lynch, StormHarbour, Lloyds, Santander

Nicholas says...

My role is to deliver client commercial objectives by building a strong communicative relationship, minimising risks and providing efficient and feasible legal advice.