Insights and Analysis
AI-washing – when AI hype becomes a litigation risk
Thibault Dupont-Nougein
Partner Corporate & Finance
Languages
French, English
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Overview
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Experience
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Credentials
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Insights and events
Legal 500 EMEA (France), Private equity: Fund formation.“I work primarily with Thibault Dupont-Nougein. Very proactive and pragmatic. He facilitates discussions during difficult negotiations and is a strong advocate on many issues.”
With a practice focused on fund formation and private equity, Thibault Dupont-Nougein is a lawyer recognized for his strategic approach to the structuring, creation, and operation of investment funds covering a wide range of asset classes.
With dual experience in international law firms and as in-house counsel within an asset management company, Thibault advises on a broad spectrum of funds, including private equity funds (LBO, growth, venture), funds of funds, infrastructure funds, and real estate funds.
He assists clients with the establishment of international funds and the formation of regulated management companies in France and Luxembourg, drawing on in-depth knowledge of French and international legal frameworks, particularly in Luxembourg, the United Kingdom, and the United States.
Thibault has solid experience in both primary and secondary transactions. On the primary market, he advises asset managers from fund formation to closing, supporting them with fund documentation, regulatory strategy, investor negotiations, as well as the implementation of innovative incentive and distribution mechanisms designed to align the interests of sponsors and LPs (carried interest and other subscription mechanisms for management teams). He also works on dedicated mandates (separate managed accounts) and conducts fund legal reviews for managers and institutional investors.
On the secondary market, Thibault regularly assists clients with GP-led transactions, including continuation funds, as well as LP-led transactions (portfolio sales or acquisitions by LPs, or supporting management teams in handling secondary transfers within their funds).
Since 2022, Thibault has been teaching fund structuring as part of the Business Law & Management dual degree at the Faculté Libre de Droit de Lille in partnership with EDHEC.
Legal 500 EMEA (France), Private equity: Fund formation.“I work primarily with Thibault Dupont-Nougein. Very proactive and pragmatic. He facilitates discussions during difficult negotiations and is a strong advocate on many issues.”
Representative experience
Adagia Partners on the structuring and fundraising of Adagia Capital Europe S.L.P. and its related funds*
Ekkio Capital on the structuring and fundraising of Ekkio Capital V FPCI and on a continuation vehicle.*
Five Arrows Managers on the structuring and fundraising of Five Arrows Secondary Opportunities VI*
Impact Partners on the structuring and fundraising of The Brain Fund & The Brain Fund II, philanthropic funds dedicated to secure fundings for the Paris Brain Institute (Institut du Cerveau).*
Tikehau on the structuring and fundraising of Brienne IV S.L.P.* and Ace Aero Partenaires II*
Sagard SAS on the structuring and fundraising of numerous co-investment vehicles*
PAI on the structuring and fundraising of numerous co-investment vehicles*
Ring Capital on the structuring and fundraising of Ring Capital 1*
*Matter handled prior to joining Hogan Lovells.
Credentials
Education
- Master's Degree in Law, HEC Paris, 2015
- Master’s degree, Equity, Business law and ethics, Accounting (IFRS), Common Law, Université Catholique de Lille, 2012
- Master's degree, Contract law, Corporate law, Finance, Accounting, Queensland University of Technology, 2011
Bar admissions and qualifications
- Paris
Publications
News
Press releases
02 February 2026