Fladgate acts for Shari’ah fund on acquisition of special educational establishment

Our team: Richard Kaufman, Ella Leonard

Fladgate LLP has advised Tadhamon Capital, administrators of a Bahraini Shari’ah compliant investment fund, on its acquisition of a special educational establishment in the UK.

The transaction involved the setting up of a structure that complied with the respective requirements of a Shari’ah fund and a non-Shari’ah lender as well as the complex negotiations in relation to the restructuring of documentation relating to the underlying property asset.

Fladgate partner, Richard Kaufman, led the team which included real estate funds expert Philip Turner and Shari’ah fund specialist Ella Leonard.

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