About
Sophie Lacaille is an associate in our Private Funds and Secondaries Practise.
Sophie has experience advising on all aspects of fundraising, as well as setting up managed accounts, employee co-investment vehicles, and structuring carried interest arrangements. Sophie has experience advising first time mid-market managers as well as large sponsors in the capital raising process, including assisting large sponsors with multiple fundraising cycles.
Sophie regularly represents large sovereign wealth fund investors and major institutional investors in relation to complex fund investments and has advised on over 40 LP mandates, primarily with sovereign wealth fund investors.
Sophie has experience in secondaries, acting on behalf of lead investors and syndicate investors in GP-led recapitalisations and on behalf of investors and sponsors in the sale of portfolios of LP interests.
Sophie has a depth of experience across a variety of asset classes and industries and has advised sponsors on fund arrangements in jurisdictions across Luxembourg, Jersey, Cayman Islands and the United Kingdom.
She is part of a network created by Mary Lavelle, “Women in Secondaries”, which now includes over 200 members. Sophie has helped organise several events for the network.
In 2024, Sophie was invited to give a presentation to the UN Net Zero Alliance regarding the evolution of ESG terms in fund documents. In 2025, Sophie gave a lecture to students at the Oxford Said Business School on the state of the secondaries...
Sophie’s recent experience includes advising for:
–A large Luxembourg based private equity fund on the re-organisation of its investment in one of the world’s largest private school operators.
–A large European private debt manager with multiple fundraising cycles.
–A first-time European manager in the formation of a digital infrastructure focused fund.
–A mid-market European manager in the formation of a Royalties focused fund.
–A mid-market emerging manager on the establishment and formation of GP-stakes focused fund.
–A lower mid-market European manager in the formation of its sixth successor fund.
–A small impact fund manager in the establishment, formation, fundraising and closing of its second fund.
–A mid-market manager in the establishment of an AI-focused committed capital vehicle.
– A large European manager on the acquisition of the team commitment of a Dutch infrastructure fund.
–A UK-based multi-asset platform on the establishment of a fund focused on long-term illiquid assets.
–A French co-lead investor in a mid-market GP-led recapitalisation.
–A syndicate investor in a mid-market GP-led recapitalisation.
–A Swiss based institutional investor in its acquisition of a portfolio of LP interests.
–A British security company, in the sale of a portfolio of LP interests held and being sold by its pension scheme trustee.
–Two of the most active sovereign wealth investors in private equity, regularly representing them on a range of their private equity and real estate fund investments and co-investments.
–One of the largest pension funds in private equity, representing them on their investment into a mid-market sustainable infrastructure-focused fund.
–A global technology platform, representing them on their investment into a food services and technology-focused fund.
Sophie Lacaille
100 Bishopsgate