Cyril Fiat focuses his practice on the structuring of and fundraising for private investment funds. He also advises on regulatory issues, and guides investors through their investments in alternative assets.
Mr. Fiat's work has a strong international focus and he regularly acts for alternative investment fund managers on the creation of and fundraising for French, international and Pan-European investment vehicles (including buyout, venture, infrastructure, mezzanine, real estate, funds of funds and debt). He also advises institutional or private investors regarding their investments in private funds and bespoke investment structures.
In addition, he advises his clients on the setting up of regulated portfolio management companies and carried-interest schemes for management teams.
His experience also includes regulatory matters related to asset management and financial services, advising French and international fund managers, investment firms, credit institutions, and other entities in France and Europe.
He is a member of Dechert LLP’s EU Regulatory and Global sustainability working groups and advises asset managers on compliance with the EU Regulations, as well as Sustainable Finance Disclosure Regulation (SFDR) and the EU Taxonomy Regulation and other European ESG-related regulatory matters.
Recognised Leading Partner by The Legal 500 2025 in fund formation, Mr. Fiat is also ranked by Chambers Europe 2025, and Décideurs Leaders League 2024 for his fund formation expertise. In Chambers 2025 a client remarked "He combines legal expertise with a real business vision. He guides us on what is acceptable and standard, allowing us to move forward confidently on a subject we were uncertain about." The Legal 500 EMEA 2025 highlighted that "Cyril Fiat is the partner who truly stands out from his peers in the market. His professional attitude and legal skills are second to none. It is a great pleasure to work with Cyril and he is always able to find adequate, useful and pragmatic solutions."
Prior to joining Dechert, Mr. Fiat worked as in-house counsel for the World Bank in Washington, D.C., where he provided legal advice in relation to the investments of the World Bank Pension Fund in private investment funds and the negotiation of separately managed accounts. His previous experience also includes working for over nine years in the financial services and investment management departments of prominent international law firms.
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- Université Grenoble Alpes, Bachelor in Law, 2002
- Université Grenoble Alpes, Master 1, Business Law, 2004, with Honors
- Grenoble Ecole de Management, Master’s Degree, Management, 2004
- Université Paris-Dauphine, Master 2, Business Law, 2005
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- Paris
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- English
- French