Victoria Koyer, Director

Victoria Koyer is a Director at Cleveland & Co, advising clients across financial services, asset management, funds, commodities, and derivatives. She brings over 15 years of experience supporting complex investment and trading businesses, providing clear and commercially focused legal advice across funds, derivatives, corporate governance, and regulatory compliance.

Victoria has held senior in-house roles at LGT Wealth Management, Vanguard Asset Management, J.P. Morgan, Société Générale, and Morgan Stanley, and has worked closely with trading, treasury, risk, legal and compliance teams across the UK, Ireland, Europe and global markets. Her work spans both buy-side and sell-side environments, with a strong track record of enabling business activity while strengthening legal control frameworks and execution efficiency.

Her experience covers a broad range of funds work, including supporting the lifecycle of UK and Irish fund ranges (including UCITS), alongside private fund structures. Victoria has advised on fund governance, documentation, and operational implementation, including experience with ETFs and hedged share classes, and private equity and limited partnership structures. She brings a strong understanding of how product structure, investor requirements, and regulatory expectations interact in practice, and supports teams in delivering fund and platform activity with discipline and precision.

Alongside her markets and funds expertise, Victoria has held leadership responsibility in complex environments, including serving as Head of Legal & Compliance in a metals trading business and acting temporarily as MLRO (SMF17 approved). She combines deep technical capability with pragmatic judgement, helping clients manage risk intelligently while maintaining momentum and confidence in execution.

Known for her commercial insight, solution focused approach, and precision, Victoria supports clients navigating complex legal and regulatory challenges with confidence and clarity. She works closely with legal, compliance, and business teams, delivering pragmatic advice that reflects both regulatory requirements and commercial objectives. Her collaborative style and disciplined execution align closely with Cleveland & Co’s values of clarity, responsiveness, and excellence.

Victoria plays an integral role in supporting Cleveland & Co’s clients across evolving market conditions and regulatory change, contributing deep technical expertise alongside practical judgement. She is valued for her ability to manage complexity, identify workable solutions, and support decision making in fast moving and demanding environments.

Outside of work, Victoria enjoys exploring vintage shops, spending time in nature, and reading. These interests reflect her appreciation for balance, perspective, and thoughtful detail, qualities that are equally evident in her professional practice.

Expertise

Victoria has significant technical skills in:

  • ACD Arrangements
  • AIFMD
  • AIFMs
  • AML
  • Anti-Bribery & Corruption
  • Authorised funds
  • Broker Agreements
  • Broker Services
  • Business Formation
  • CIS Operators and Schemes
  • Clearing
  • Collective Investment Schemes
  • Commercial and Corporate restructuring
  • Commercial Contracts
  • Company Secretarial
  • Compliance
  • Contract Drafting and Negotiation
  • Contracts
  • Corporate Agreements
  • Corporate and Commercial
  • Corporate and Commercial Contracts
  • Corporate Finance
  • Corporate Governance
  • Corporate Law
  • Counter-Party Agreements
  • Cross Border Marketing Rules
  • Cross-Border Legal Requirements
  • Custodian Services and CSDs
  • Custody
  • Debt
  • Debt Arrangements
  • Debt Capital Market
  • Depositary Services
  • Derivatives
  • Distribution
  • Distribution Agreements
  • Equity Capital Markets FX
  • EU Financial Services Regulation
  • Financial Regulation
  • Fund Governance
  • Fund Structures
  • Funds (registered and unregistered/listed or unlisted
  • General Commercial Contracts
  • Hedge Funds
  • ICAV
  • Intra-group Agreements
  • Introducer Arrangements
  • Investment Banking
  • Investment Governance
  • Investment Management Agreements
  • Investment Managers
  • Legal Department building
  • Legal Due Diligence
  • Legal Research
  • Legal Strategy
  • Lending
  • LPAs
  • ManCos
  • MiFID I
  • Money Markets
  • NDAs
  • Negotiation
  • New Companies’ Incorporation
  • Non-UCITS
  • NURS
  • Option Agreements
  • Outsourcing
  • Platform Agreements
  • Political Risk
  • Preparing and Submitting FCA Applications
  • Prime Services
  • Private Equity
  • Private Equity Funds
  • Project Finance
  • Regulatory & Compliance
  • Regulatory Developments
  • Regulatory Investigation
  • Regulatory Obligations
  • Remuneration Rules
  • Repurchase Transactions
  • Rule and Guidance
  • Russian language Contract
  • Securities
  • Securities Lending & Repo
  • Securitisation
  • Securitisations for Infrastructure
  • Seed Capital Agreements for Fintech
  • Service Agreements
  • Settlement Agreements
  • Settlement and Custody
  • Share Purchase Agreements
  • Sponsorship Arrangements
  • Trading
  • Trading Agreements
  • Transition Management
  • Treasury
  • UCIT
  • UK & EU Financial Services Legislation
  • Metals
  • Commodities
  • physical metals
  • London Metal Exchange Rules

Work Highlights

Global Derivatives Documentation Leadership (ISDA / CSA / Clearing / Prime Brokerage)
Led end-to-end negotiation and delivery of complex derivatives documentation across global counterparties and jurisdictions, including ISDA Master Agreements, CSAs, long-form confirmations, clearing and prime brokerage documentation, and hedging structures. Supported major asset managers, banks, funds, sovereigns and institutional clients across FX, rates and equity derivatives in both cleared and uncleared markets.
Funds Platform & Product Lifecycle Legal Coverage (UCITS / UK Funds / ETFs / PE / Fund Change Events)
Provided full-spectrum funds legal support across fund launches, ongoing maintenance and major change events, including Irish UCITS, UK funds (OIECs, Unit Trusts), money market funds, CCFs, Cayman structures, ETF umbrellas, Limited Partnerships  and hedged share classes. Coordinated prospectus submissions/updates and ensured trading capability and regulatory permissions were embedded into fund operating models.
Institutional IMAs & Investment Management Commercial Structuring
Drafted and negotiated investment management agreements, advisory agreements and service provider arrangements, supporting both institutional investment management mandates and broader commercial execution. Built reusable contract templates and standardised approaches that strengthened governance, reduced friction in onboarding, and enabled scalable legal support across multiple business lines.
Securities Lending, Repo & Collateral Infrastructure (GMRA / GMSLA / Custody / Tri-Party)
Delivered specialist legal support for securities financing and collateral arrangements, including GMRA, GMSLA, custody documentation, account control agreements, tri-party structures, and related amendments/novations. Integrated collateral and financing documentation with trading requirements and counterparty risk management frameworks.
Financial Markets Governance, Regulatory Implementation & Risk Oversight (incl. MLRO / Sanctions)
Held senior governance responsibilities across regulated environments, including acting as Head of Legal & Compliance and temporary MLRO (SMF17 approved). Led regulatory change implementation (including ECCTA, SDR, OFR) and advised on regulatory inquiries, error/breach remediation, cross-border distribution, sanctions and financial crime matters, while supporting boards, committees and executive decision-making.

Professional Appointments/Memberships

  • Solicitors Regulation Authority
  • Law Society of England & Wales

Qualifications & Courses

  • The London School of Economics & Political Science – masters in law

Languages

  • English
  • Russian
  • Ukrainian