About David

David Nisbet is a partner in the Tax Strategy & Benefits Practiceand has extensive experience advising on the tax aspects of a broad range of UK and cross-border transactions, as well as strategic advisory matters.

He has particular expertise in structuring funds and private equity transactions ,advising financial sponsors and senior management teams on complex tax issues at all stages of the investment lifecycle.

David is a chartered tax adviser and is recognised in Legal 500 UK as a “first class tax adviser with invaluable experience of UK and US tax structures. He is measured in his advice and has a mentality of ensuring a deal gets done in an optimal manner. Agile and knowledgeable in equal measure…” and for his “Fund tax knowledge and responsiveness”

David also gained valuable experience during a secondment to a private equity fund in Luxembourg, providing him with a practical commercial perspective on the challenges faced by fund managers investing across multiple jurisdictions.

Experience

  • Advised on the formation of a circa £1 billion real estate fund investing in commercial real estate in the UK.

  • Advised the senior fund managers of a UK private equity fund on complex carried interest arrangements.

  • Advised on the formation of a private equity fund targeting investments across the UK, US and Europe.

  • Advised on the formation of a private equity fund targeting investments in small- and medium-sized enterprises across southern Africa.

  • Advised numerous private equity funds on structuring acquisitions, reorganisations, refinancings, management incentive arrangements and exits.

  • Advised senior management teams on the personal tax implications of private equity-backed management buyouts and related transactions, including the senior management team of a UK business in connection with its circa £1 billion merger with a German business.

Credentials

Education
  • Glasgow Graduate School of Law, Diploma of Legal Practice, 2006
  • University of Glasgow, LL.B., (Hons), 2005
Admissions
  • England and Wales (Registered Foreign Lawyer), 2012
  • Scotland, 2009

Expertise