Multi-jurisdictional Maples Group Team Advises on Daiwa Blackstone Infrastructure Fund
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A multi-jurisdictional Funds & Investment Management team from Maples and Calder, the Maples Group’s law firm, recently advised on the launch of the Daiwa Blackstone Infrastructure Fund (the “Fund”).
The Fund, which launched on 28 February 2025, is structured as a Cayman Islands unit trust and is authorised for public offering in Japan.
The Fund is managed by IQ-EQ Fund Management (Ireland) Limited, IQ-EQ’s Irish fund management business and will be distributed by Daiwa Securities Co., Ltd. The Fund’s investment manager is Daiwa Asset Management (Europe) Ltd. MUFG Fund Services (Cayman) Limited provides fund administration services.
A multi-jurisdictional team of lawyers based in the firm’s Singapore, Hong Kong and Dublin offices acted as Cayman Islands and Irish legal counsel and was led by Partners, Nick Harrold (Singapore) and John Gallagher (Dublin) and assisted by Of Counsel, Aidan O’Regan (Hong Kong), Associates, Costa Valtas (Singapore) and Paul Comerford (Dublin).
Commenting on the transaction, Nick Harrold said, “We are witnessing a substantial increase in interest from Japanese investors across all segments in private markets, with infrastructure investments being a favoured asset class due to its stable and predictable cash flows. It was a great pleasure to collaborate with such high-quality market participants who are at the forefront of this trend”.
Japanese legal advice was provided by Mori Hamada & Matsumoto.
The Maples Group’s Japanese Funds practice advises and provides funds services to the industry’s heavyweights, as well as new entrants to the market, on the structuring and establishment of Cayman Islands, Luxembourg, Irish and Jersey funds targeted at Japanese investors. The Group has also advised on the Daiwa Blackstone Private Credit Fund (the “Fund)1, which launched on 31 May 2023.
