Folake Elias-Adebowale is a corporate partner and a member of the firm’s M&A, Private Equity & Venture Capital, and Oil and Gas teams. Her specialisations include cross-border and domestic equity and asset investments, divestments, mergers and acquisitions, corporate structuring and restructuring, joint ventures, strategic alliances, fund advisory, and compliance matters.
She advises financial, operational, and other sponsors, investors, funds, fund managers, and corporates, including multinationals and conglomerates, organizations, and other clients on diverse matters and transactions in agriculture, agro-allied, brewery, construction, digital payments, consumer, energy (including renewables), energy services, financial services, FinTech, FMCG, food and beverage, healthcare, industrial, infrastructure, insurance, manufacturing, real estate, reinsurance, and travel sectors, among others.
Folake’s regulatory advocacy work includes participating on the board of the Private Equity and Venture Capital Association, Nigeria (PEVCA) and on the legal and regulatory committees of the Global Private Capital Association (GPCA) legal and the African Venture Capital Association (AVCA). She serves on a joint committee established by PEVCA and the Securities and Exchange Commission that focuses on the regulation of private equity and venture capital in Nigeria.
She headed teams that produced a social impact investment mapping report for the Impact Investors’ Foundation and various parastatals; headed a Federal Ministry of Industry Trade and Investment private equity and venture capital development initiative, and assisted with a state initiative to review and prepare draft legislation for the downstream gas sector among other regulatory advocacy initiatives.
Folake is ranked by the Chambers Global Guide for Corporate/M&A and Private Equity and is also ranked for Oil & Gas; Chambers FinTech Legal Guide for FinTech Investment and Venture Capital advisory; the International Financial Law Review (IFLR1000) for M&A, Project Finance, and Restructuring; the Legal500 for Commercial, Corporate, and M&A and rated a Leading Individual for Energy and Natural Resources; and by Who’s Who Legal Global Guide (M&A and Governance) and Who’s Who Legal Guide (Nigeria) respectively for her M&A and Governance, Energy, Natural Resources & Mining, Project Finance, and Capital Markets (Private Equity) work. She is commended by TheLawyer’s Africa Elite Private Equity Report, has been named an IFLR1000 Woman Leader and is regarded as one of BusinessDay Nigeria’s Top 20 Outstanding Nigerian Women in Business Law.
Folake serves as a non-executive director on company and association boards. She authors articles and updates makes presentations and facilitate training on private equity, M&A, oil and gas, investment, employment, regulatory and compliance matters and on business writing. Her thought leadership pieces have been published by Chambers Global Practice Guides, The Law Review, the IFLR1000, the ICLG, Mondaq, Lexology, the International Law Office, GPCA, AVCA, Into Africa, Centaur, and Afriwise, among others.
|2007||Partner, Udo Udoma & Belo-Osagie|
|2002||Senior Associate, Udo Udoma & Belo-Osagie|
|1995||Attachment, G. Elias & Co|
|1992||Placement, Field Fisher Waterhouse Solicitors, London|
|1991||Research Assistant, International Legal Department, Midland Montagu (later Hong Kong Fir)|
|1991||Research Assistant, the Law Commission of England & Wales|
|1991||Mini Pupillage, 4, Stone Buildings Chambers, Lincoln’s Inn|
|1991||Mini Pupillage, 4, Essex Court Chambers, Lincoln’s Inn|
|1996||BL, Nigerian Law School|
|1993||LL.M, University College, London|
|1992||BA, (Jurisprudence), Somerville College, Oxford University|
|MA (Honoris Causa) Oxford University|
Nigerian Bar Association
What the market says…
"Folake is the partner who manages all matters that I bring to UUBO. She does not always deliver the work but she is great at finding the right people. She is a very sophisticated advisor who listens to her clients and finds practical solutions."
''...an expert in cross-border upstream and downstream petroleum investments and joint ventures''
- The Legal500
"Extremely strong in her practice area, might be the best in Nigeria for finance and investment."
"She keeps matters on time and budget and works with me if I have any issues. We have a great relationship and I value her candor. I have the utmost faith her work, and she is a person of integrity."
"Personable, effective and practical."
"Folake is an M&A star. She's very knowledgeable and understands her market in and out."
''...an exceptional attorney with excellent commercial advice that helped us significantly in navigating the Nigeria venture capital industry"
- Chambers Global FinTech Legal Guide
"…she is dedicated to client service, relentless in her attention to detail, and has a pragmatic approach. I found her extremely supportive."
- Chambers Global Guide Corporate/Commercial
‘’…a wealth of experience in project financing, investments, acquisitions, joint ventures, and upstream and downstream oil and gas mandates. She also provides regulatory advice. She is extremely clever."
- Chambers Global Guide: Projects and Energy