Nick Fagge principally advises investment management clients on the structuring of UK management companies, covering all relevant partnership and tax issues. Nick also advises more widely on UK and international tax issues relating to the taxation of private investment funds, their UK investors and managers.

Nick is a Chartered Tax Adviser and associate of the Chartered Institute of Taxation, the leading body in the UK for taxation professionals dealing with all aspects of taxation. He is also a member of the Tax Committee of the Alternative Investment Management Association. Nick has written and spoken about UK, EU and international tax issues for various publications and engagements, particularly in regards to how changes in tax codes and regulations affect hedge funds and their UK managers. He is listed in The Legal 500 United Kingdom as a leader in his field. Nick graduated from Corpus Christi College at the University of Oxford and completed his legal training at the College of Law in Guildford, England.

Publications

“UK Investors – The New ‘Deemed Domicile’ Rules,” SRZ Client Alert, 20 July 2017

“The UK Criminal Finances Act 2017 — Failure to Prevent the Criminal Facilitation of Tax Evasion,” SRZ Client Alert, 27 June 2017 (co-author)

“LMA Updates its Standard Terms and Conditions to Incorporate FATCA Provisions,” SRZ Client Alert, 31 May 2016 (co-author)

“UK FATCA Compliance for Investment Funds,” SRZ Client Alert, 7 Nov. 2014 (co-author)

“FATCA Registration and Compliance Requirements — Updated Guidance for UK Investment Managers,” SRZ Client Alert, 6 May 2014 (co-author)

“FATCA Registration and Compliance Requirements for Hedge Funds,” SRZ Client Alert, 8 April 2014 (co-author)

“Do You Need to Make Changes to Your UK LLP Agreement?” SRZ Client Memorandum, 19 Feb. 2014 (co-author); excerpted in Hedge Fund Insight, 21 Feb. 2014

“HMRC Limited Liability Partnerships Review — Treatment of Salaried Members,” SRZ Client Alert, 11 Dec. 2013

“UK Tax Authority Consultation on the Taxation of Partnerships,” SRZ Client Alert, 28 May 2013

“FSA Remuneration Code Update: Final Rules and Application to Hedge Fund Managers,” SRZ Client Alert, 21 Dec. 2010

“The European Savings Directive Potential Impact on Hedge Funds,” SRZ Investment Management Developments Newsletter, 2004

“Finance Act 2003 Are Hedge Funds Affected?,” The Tax Journal, 2003

Speaking Engagements

“Political Risks,” SRZ London Investment Management Hot Topics, July 2018

“Taxing Carried Interest — The New Regime,” SRZ London Investment Management Hot Topics, March 2017

“Tax Considerations for 2017,” SRZ 26th Annual Private Investment Funds Seminar, January 2017

“Evolution of a Management Company,” SRZ London Investment Management Hot Topics, March 2016

“Tax Considerations for 2016,” SRZ 25th Annual Private Investment Funds Seminar, January 2016

AIMA Fund Directors Guide Launch: The Evolution of Fund Governance, June 2015

“Current Issues for Managers,” SRZ London Investment Management Hot Topics, March 2015

“Tax Considerations for 2015,” SRZ 24th Annual Private Investment Funds Seminar, January 2015

“FATCA Update for Investment Fund Managers,” SRZ Webinar, April 2014

“Management Company Structuring and Operations,” SRZ London Investment Management Hot Topics, March 2014

“Tax Considerations for 2014,” SRZ 23rd Annual Private Investment Funds Seminar, January 2014

“AIFM Directive for EU Private Fund Managers: Remuneration Rules,” SRZ AIFM Directive Update: Requirements for Private Fund Managers Webinar Series, November 2013

“AIFMD for EU Private Fund Managers: Remuneration Rules,” SRZ AIFM Directive: Requirements for Private Fund Managers Webinar Series, April 2013

“Current Tax Developments,” SRZ London Investment Management Hot Topics, March 2013

“Current Tax Developments,” SRZ 22nd Annual Private Investment Funds Seminar, January 2013

“Remuneration and Succession Planning,” SRZ London Investment Management Hot Topics, February 2012

“Tax Update 2012: FATCA and Other Issues,” SRZ 21st Annual Private Investment Funds Seminar, January 2012

“Running a Multi-Jurisdictional Adviser,” SRZ 20th Annual Private Investment Funds Seminar, January 2011

Memberships

  • Alternative Investment Management Association (AIMA)
    • Tax Committee
  • Associate of the Chartered Institute of Taxation

Distinctions

  • The Legal 500 United Kingdom

Prior Experience

  • Simmons & Simmons, London, 1996–2002    
    • Associate, Corporate Tax Group    
    • Trainee Solicitor