When investors and fund managers create and manage hedge funds, they must address complex potential risks. Our top-ranked team advises clients on strategies to achieve their goals in order to maximize returns and reduce risk whether the market is trending up or down.
From emerging managers launching their first funds to institutional managers responsible for multibillion-dollar fund platforms, we advise all types of hedge fund and private investment fund clients. This includes funds that invest globally in virtually any financial asset that can be readily traded. We also serve specialty niche funds with narrowly defined investment strategies that invest in loans, distressed debt, digital assets, derivatives, commodities, futures, and illiquid securities.
We prioritize helping clients to understand trends in the industry, and our attorneys include renowned authors and presenters in this field.
From fund formation, to management company structuring, regulatory compliance and compliance audits, and transactions, our multidisciplinary team provides comprehensive counsel, including in securities litigation, tax, ERISA, private equity, and investment management.
We counsel on various fund models and structures, including crossover structures. We have adapted closed-end private equity-like fund structures for use with distressed debt and other illiquid credit assets.
Emerging managers turn to us to optimize fund structure and terms, including building a compliance infrastructure, to help attract capital and grow assets under management. We advise institutional managers on employment and compensation structuring, as well as provide complex regulatory reporting, tax, and ERISA guidance.
We advise clients on domestic and offshore fund structuring; general partner structuring and succession planning; investor rights counseling; disclosure counseling; federal and state income tax planning; Securities and Exchange Commission (SEC), U.S. Commodity Futures Trading Commission (CFTC), and Financial Industry Regulatory Authority (FINRA) compliance; and compensation planning for principals, managers, and employees.
Our experience includes advising clients on a myriad of strategies, such as hedged equity, event-driven, country and sector, global macro, direct lending, distressed debt-structured credit and leveraged loan investing, commodities-based, digital asset, commodity- and futures-correlated, and quantitative algorithmic-driven approaches, among others. We also advise funds of funds and hybrid funds investing in less liquid portfolios.
We represent hedge fund managers in seed investment and side-letter transactions with strategic investors, customized single-investor vehicles, platform acquisitions, derivative transactions, financings, and joint ventures, among others.
Our team also advises on manager lift-outs; fund and adviser mergers; spinoffs and combinations; executive compensation arrangements for management teams, including the use of employee stock ownerships (ESOPs); and other wealth-protection and profit-realization strategies.
Clients, such as governmental and tax-exempt institutional investors, call on us to help evaluate private alternative fund investments, including the negotiation of side letters and most-favored nation provisions.
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