Trilegal advised One Planet Partners on setting up a dedicated Separately Managed Account (SMA) for Sumitomo Mitsui Trust Bank, Japan. The team was led by Pallabi Ghosal and Ananya Sonthalia.
Trilegal Counsels on SMA Launch for Japanese Bank
Trilegal acted as transaction counsel for One Planet Partners in establishing a dedicated Separately Managed Account (SMA) for Sumitomo Mitsui Trust Bank, Japan (SMTB). The SMA will be managed by One Planet Partners and represents a strategic move in cross-border asset management cooperation.
The firm’s responsibilities included drafting all fund-related documentation, structuring the arrangement, and managing negotiations with stakeholders. The transaction team was led by Partners Pallabi Ghosal and Ananya Sonthalia, with support from Saad Khan (Senior Associate), Monika Saxena, Tejas Kandalgaonkar, and others.
This transaction highlights the growing trend of foreign institutional investors accessing Indian markets through customized investment vehicles like SMAs. For practitioners, it underscores evolving best practices in fund structuring under SEBI’s AIF and PPM frameworks, particularly in aligning fiduciary duties, fee mechanisms, and exit pathways.