Fazil Hossenkhan is the managing partner of our Mauritius office.

He is a corporate and funds lawyer who specialises in investment funds, private equity and corporate law.

Prior to joining Bowmans, Fazil was the founding partner of FirmWise, a practice-focused corporate law firm. Before that, he headed the Funds and Financial Services Practice of a leading business law firm in Mauritius. Fazil has also served as general counsel of the Mauritius Financial Services Commission where he was heavily involved in the drafting and implementation of the regulatory regime for investment funds, financial services and capital markets in Mauritius.

Fazil has an LLB (Hons) from the London School of Economics and Political Science and a Postgraduate Diploma in Banking and Finance Law from the University of London.

Relevant Experience

• Advised on the structuring and setting up of numerous private equity funds and collective investment schemes, principally in the context of the Mauritius tax treaty network with African jurisdictions and Asia.
• Has acted for various private equity fund houses and managers (e.g. Adenia Partners, Africa Capital Alliance, African Infrastructure Investment Managers, Berkeley Energy, LeapFrog, Tlcom, Phatisa and Grofin Managers).
• Recently advised on the set up and closing of TIDE Africa Fund, and Novastar Ventures Africa Fund II.

* experience gained prior to joining Bowmans

Publications

• Author of Mauritius chapter on Investment Funds in Practical Law Handbook 2015

Awards

• IFLR1000’s Financial and Corporate Guide rated Fazil as a Highly Regarded Lawyer for his work in Banking, Capital markets: Debt as well as Private Equity, in Mauritius in 2020.
• Fazil’s expertise was recognised by Chambers Global prior to joining Bowmans.
• Included in the Who’s Who of Legal Fund Lawyers for Mauritius between 2013 and 2017.

Recognised as an “excellent funds guy with a very good grasp of matters” by his clients

Highlighted   as a “dedicated funds lawyer” by Market commentators

• Chambers and Partners: Alternative Funds 2022 Guide: Mauritian Chapter
• Mauritius: FSC issues licensing criteria for money lending licence
• Chambers and Partners: Alternative Funds 2021 Guide: Mauritian Chapter
• Mauritius: Update to Securities Act aims to encourage investment and economic growth
• Mauritius: Working towards coming off the FATF Grey List
• Mauritius: Regulatory strategy of the Financial Services Commission – a new approach
• Mauritius: Update on FATF grey list
• Impact Investing in Kenya, Mauritius and South Africa
• Mauritius: The recently introduced Finance Act, 2020, brought numerous changes
• COVID-19: A new legal dimension in Mauritius
• COVID-19: Recent measures by Government and the authorities in Mauritius
• Advent of Afrinex – Mauritius FSC amends licensing rules
• African markets worth watching in the private equity space in 2020