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Funds

Whether you are launching, operating, lending to or investing in a fund or an alternative indirect investment vehicle, you may need to overcome legal and tax issues which could arise from an Italian and/or a cross-border perspective. Our national team assists in all tax and legal aspects of fund structuring as well as day-to-day fund operations.

Our pan-European funds group advises across your key asset classes including private equity, real estate, energy & infrastructure, hedge, venture capital, debt and exchange traded funds. Our experience and varied client base enables us to advise on the commercial as well as the legal and tax aspects. The Italian team has a reputation for efficiency and providing commercial and pragmatic advice to reach successful deal conclusions quickly and on sensible budgets.

We recognize the fast-moving regulatory climate and aim to simplify the legal minefield with our expert funds know how. These developments -such as those affecting passporting and private placement regimes- allow you to keep pace with key market changes. Not only do you need tailored counseling for your business; an advisor must understand the funds working environment and our team can do this for you.

Funds Insights

CMS Expert Guide to popular investment vehicles

08 Jan 2026 2 min read

CMS Expert Guide to Holding Company Regimes across Europe

05 Jun 2024 2 min read

CMS wins in a landmark Court of Cassation case for the refund of Italian dividend withholding tax in favour of German investment funds

11 Jul 2022 1 min read

CMS Next

01 Jun 2022 3 min read

Tax regime of foreign investment funds equated to Italian funds

25 Nov 2020 3 min read

Tax regime of foreign investment funds equated to Italian funds

24 Nov 2020 3 min read

Bank of Italy and Consob, Supervisory Guidelines for Simple Investment Companies - public consultation

18 May 2020 8 min read

CMS ADVISES CITIZENM, OPERATOR OF THE SMART LUXURY HOTEL, FOR ITS DEBUT IN ITALY THROUGH THE STRUCTURING OF A REAL ESTATE FUND MANAGED BY ANTIRION SGR

07 May 2020 1 min read

Events

  • Italy
    08 Apr 2026

    CMS at Fordham IP & Policy Conference

  • Italy
    16 Apr 2026

    Green claims in focus

  • Italy
    21 Apr 2026

    On the Pulse webinar series 2026 - Spring/Summer

  • Italy
    28 Apr 2026

    IP Insights webinar series 2026

  • Italy
    02 May 2026

    CMS at INTA 2026

  • Italy
    05 May 2026

    Joint seminar with CMS and Tannenbaum Helpern - A global perspective on securing, maintaining, and enforcing...

  • Italy
    28 May 2026

    CMS International Crypto Forum 2026

Local market knowledge. Global outlook

We provide future-facing legal advice to help your organisation thrive. Combining local market knowledge and a global perspective, and with lawyers in locations worldwide, your organisation benefits from the expertise it needs, even across borders.

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