Fried, Frank, Harris, Shriver & Jacobson LLP’s team capabilities a wide range of matters including traditional acquisitions of asset management companies, investments in hedge fund management companies, seed, stake, incubation transactions, and fund and investment platform restructurings. Team founder Lawrence Barshay, leads the practice, with a wealth of experience in representing and advising the most high-profile players in this space, on matters concerning private equity transactions and mergers and acquisitions Jonathan Adler focuses his practice on complex transactions involving alternative investment vehicles, including hedge funds, real estate funds, private equity funds and hybrid funds while Jason Koenig represents asset managers on the formation, fundraising and management of funds across a wide range of strategies, including private equity funds, growth equity funds, multi-manager hedge funds, managed credit funds and tactical opportunities funds. All lawyers are based in New York unless stated otherwise.
Alternative/hedge funds in United States
Fried, Frank, Harris, Shriver & Jacobson LLP
Responsables de la pratique:
Lawrence Barshay
Autres avocats clés:
Jonathan Adler; Jason Koenig; David Mitchell; Menachem Farber
Les références
‘Fried Frank’s US alternative/hedge funds is one of the leading practices in the United States. They know the law, they really understand market conditions and are excellent communicators. Their willingness to drop everything and work on our time-sensitive projects is an incredible value and differentiator. Their high-quality execution and work product ensures our deals and business are successful.’
‘Great knowledge and capability in the fund space.’
‘We work with several individuals – primarily David Mitchell and Menachem Farber. The breadth of the practice is extremely helpful to us. ’
Principaux clients
Bain Capital
BlackRock
Brookfield Asset Management
D.E. Shaw & Co.
EJF Capital
Fortress Investment Group
Goldman Sachs
Gresham Investment Management
Helix Partners
J.P. Morgan
Millennium Partners
Morgan Stanley
Neuberger Berman
ORIX Corporation USA
PDT Partners
Point72 Asset Management
Tavistock Group
Third Point LLC
Tiger Global
Tudor Investment Corporation
Principaux dossiers
Paul, Weiss, Rifkind, Wharton & Garrison LLP
The team at Paul, Weiss, Rifkind, Wharton & Garrison LLP acts as trusted advisers to institutional and independent hedge fund managers, displaying strong capabilities across private equity, credit and hedge funds. The team is led by Udi Grofman, Marco Masotti, Brian Kim, Claudine Meredith-Goujon, Steven Williams, and Scott Barshay. Grofman’s extensive practice covers fund formation across hedge funds, credit funds, hybrid funds, private equity funds, as well as crisis management entailing internal investigations, regulatory examinations, investigations and litigation, while Masotti advises on a vast array of funds to some of the biggest names within the fund space. Kim focuses his practice on acquisition financing, distressed debt and other financing transactions, that assist overleveraged companies in restructuring their finances and Meredith-Goujon specializes in intellectual property transactions assisting public companies and private equity firms leverage their IP assets. With vast experience in public company private equity transactions, Williams advises clients on auctions, joint ventures, carve-outs, and spin-outs while Barshay is well-regarded for his work on M&A transactions.
Responsables de la pratique:
Udi Grofman; Marco Masotti; Brian Kim; Claudine Meredith-Goujon; Steven Williams; Scott Barshay
Principaux dossiers
Ropes & Gray LLP
Renowned for its cross-border capabilities, the team Ropes & Gray LLP provide clients with full-service capabilities with regard to fund formation, operational and regulatory matters. With recent developments within the tech sector, the team has adapted its practice to include advice on matters related to cryptocurrency, insider trading issues around alternative data sources, and novel operational issues. The team is co-led by San Francisco and Silicone Valley based Melissa Bender and New York’s Marc Biamonte. Bender’s practice concerns private credit and debt, with particular experience in raising closed-end, open-end, hybrid and evergreen funds while Biamonte assists general partners with fundraising across a diverse range of fund types, including buyout, venture, hedge, and special focus funds. Leigh Fraser , sitting across Boston and New York, has extensive experience assisting with the formation of onshore and offshore open-end and closed-end private funds advises such entities on an ongoing basis with regulatory matters and the structuring of new investment products. Based in New York, Laurel FitzPatrick advises on credit fund formations across an impressive range of fund types including evergreen, treaty and rated notes structures, as well as traditional closed end credit funds while Sarah Davidoff , who is also based in New York, is well regarded with the alternative asset management space, guiding clients on aspects of raising and operating their buyout, credit, growth equity and venture capital funds. Laura Hirst is also a key contact in Boston, offering guidance across a variety of private investment funds and investment strategies.
Responsables de la pratique:
Melissa Bender; Marc Biamonte
Autres avocats clés:
Leigh Fraser; Laurel FitzPatrick; Sarah Davidoff; Laura Hirst
Principaux dossiers
Sidley Austin LLP
The team at Sidley Austin LLP regularly advises both start-up managers and large institutional advisers on all aspects of structuring and other formation issues. Boston based practice head Elizabeth Shea Fries advises a diverse range of clients including, investment managers, broker-dealers, and insurance companies on a broad range of transactions concerning business and investment structures, as well as the regulatory aspects of such transactions. Daniel Spies is based out of New York and advises both start-up level and institutional-level asset management firms on the formation and operation of hedge funds, digital assets funds, private equity funds; as well as hybrid funds. Based out of Chicago, Janelle Ibeling handles a range of alternative investment products, including domestic and offshore hedge funds, funds of funds and ‘access funds’.
Responsables de la pratique:
Elizabeth Shea Fries
Autres avocats clés:
Daniel Spies; Janelle Ibeling
Les références
‘Great team, with differentiated specialists, offering a coordinated approach to business issues.’
‘They have a strong understanding of the current legal and regulatory issues facing hedge funds and they take the time to understand how we run our business and how these issues will impact us specifically.’
‘Daniel Spies has become an invaluable partner to our firm. He deal with matters both pragmatically and efficiently. ’
Principaux clients
Aegeri Capital
Bridgewater Associates
Capstone Investment Advisers
Crestline Management
ExodusPoint Capital Management
Global Endowment Management
HighVista
Kawa Capital Management
Magnetar Capital
Marathon Asset Management
Polar Asset Management Partners
PRIM
Rose Grove Capital Management
Sequoia Capital Global Equities
Solel Partners
Totem Macro Asset Management
Verition Fund Management
WhiteHawk Capital Partners
Principaux dossiers
- Advising Magnetar Capital on the launch of its private equity funds focusing on structured solutions transactions with financial institutions to manage their regulatory capital consumption and other regulatory and reporting metrics.
- Representing Sequoia Capital Global Equities on a range of matters, including in connection with various portfolio matters.
- Represented Totem Macro Asset Management on the formation of management companies and initial private funds focusing on global macro investing in both developed and emerging markets.
Akin
New York’s Barbara Niederkofler leads the alternative hedge funds team at Akin, bringing a global perspective to regulatory work in this space, and aiding non-US funds through complex legislation concerning fund formation. Representing both domestic and offshore hedge fund managers, JP Bruynes is regularly sought after not only for his comprehensive expertise pertaining to structuring, negotiation, and documentation, but also thanks to his technical and regulatory know how of quantitative trading strategies. Ann E. Tadajweski’s practice focuses on advising both long-standing and emerging investment managers on the structuring, launch, and capital raising activities of alternative investment funds. All lawyers are based in New York.
Responsables de la pratique:
Barbara Niederkofler
Autres avocats clés:
JP Bruynes; Ann Tadajweski
Principaux dossiers
Morgan, Lewis & Bockius LLP
Morgan, Lewis & Bockius LLP’s hedge fund practice represent all types of domestic and offshore hedge funds, across a broad range of investment and financing strategies, including crossover, hybrid, master-feeder funds, and permanent capital vehicles. The team is co-led by New York-based hedge funds expert Jedd Wider , who is well regarded for his vast experience with domestic and international private investment funds and Stephen Tirrell , who co-leads the team from Boston, and has considerable knowledge with regards to fund structure, securities laws, and jurisdictional planning. Located in Boston, Richard Goldman advises on a broad range of issues, including fund formation and product structuring, giving strategic advice to both emerging and longstanding funds. Based out of Miami, Ethan Johnson , adds to the firm’s international operations guidance to investment managers.
Responsables de la pratique:
Jedd Wider; Stephen Tirrell
Autres avocats clés:
Richard Goldman; Ethan Johnson
Les références
‘One of their unique characteristics which truly separates them from almost any other major law firm is their incredible strength of practice representing many of the world’s largest hedge and alternative fund managers as well as emerging fund managers.’
‘Jedd Wider is the clear go-to partner at Morgan Lewis and within the Alternative/hedge fund industry. His hedge fund industry knowledge and experience puts him at the very top of the most elite fund attorneys worldwide.’
Principaux clients
AQR Capital Management
GreensLedge
Innocap Investment Management
Tenaron Capital Management
Capula Investment Management
Credit Suisse (UBS)
Goldman Sachs
Morgan Stanley
DG Capital Management
Alphemy Capital S.A
Principaux dossiers
- Assisted MIRI on a take private transaction for its hedge fund, including launching a new fund for new capital.
Proskauer Rose LLP
Assisting asset mangers across US, Europe and Asia, the team at Proskauer Rose LLP is jointly led by Christopher Wells and Kelli Moll. Moll’s practice focuses on assisting investment advisors on the formation and maintenance of a variety of funds including hedge funds, credit funds and cross-over funds, while Wells navigates hedge fund managers through a variety of challenging situations they may encounter such as new fund launches, complex fund restructurings, liquidity constraints, and enforcement matters. Jennifer Dunn advises on the structuring and negotiating seed and strategic investments, sales of investment manager platforms, and compensation arrangements, Caryn Greenspan has focused her practice primarily on hedge funds and credit funds, in both open and closed end spaces, as well as evergreen funds.
Responsables de la pratique:
Kelli Moll; Christopher Wells
Autres avocats clés:
Jennifer Dunn; Caryn Greenspan
Les références
‘Able to work cross sector and pull expertise from different teams.’
‘Chris Wells and Jenny Dunn – exceptional in their responsiveness, critical thinking, technical drafting but most importantly being solution driven for clients.’
‘Chris Wells has decades of experience in the hedge fund industry, and has quite literally seen it all. His realistic approach to legal and compliance questions differentiates his advice and counsel.’
Principaux clients
Appaloosa Management
Ares Management
Deerfield Management
Pinebridge Investments LLC
Alpine Associates
Ellington Management Group
Graham Capital Management
Engle Capital Management
Greenlight Capital
Stonehill Capital Management
Principaux dossiers
- Advised Pagaya Technologies LTD. in its agreement to acquire 100% of Theorem Technology, Inc, an institutional asset manager focused exclusively on the consumer credit space.
- Advised Saluda Grade in its acquisition of a minority stake in Hillcrest Finance.
- Advised JANA Partners on its strategic partnership with Cannae Holdings, Inc.
Davis Polk & Wardwell LLP
Employing a multidisciplinary approach to help clients with novel investment strategies involving cryptocurrency, Davis Polk & Wardwell LLP advises sophisticated funds and managers ion a full range of fund formation issues including structuring, seeding, credit arrangements and compensation. Leor Landa and Gregory Rowland jointly head the team, with Landa advising on the formation and operation of private investment funds, including hedge funds, credit funds, secondary funds, and real estate funds while Rowland assists funds in connection with a variety of issues concerning digital currency and blockchain matters, including digital currency fund formation. Benjamin Milder regularly represents institutional investors in connection with their investments in hedge funds while also representing buyers, sellers and sponsors in a range of secondary transactions. All listed lawyers are based in New York.
Responsables de la pratique:
Leor Landa; Gregory Rowland
Autres avocats clés:
Benjamin Milder
Principaux clients
Alphadyne Asset Management
Barclays Capital
Baron Capital
BlockFi
Block.One
Bridgewater
Capital International
Chilton Investment Company
Corbin Capital
Cowen Investment
Credit Suisse
Ellington
FalconX
Fidelity
Galaxy Capital Management
Graticule Asset Management Asia
Grayscale
Hashdex
Highbridge
Hitchwood Capital
Hudson River Trading
Hudson Bay Capital
Inter Ikea
J.H. Whitney Data Services
Kingdon Capital
Lone Pine
Magnetar Capital
Matrix Finance and Technology
Meritage Group
Morgan Stanley
Morgan Stanley Wealth Management (Formerly Morgan Stanley Smith Barney)
Mudrick Capital
Napier Park
Oaktree Capital
Passport Capital
PDT Partners
Perella Weinberg Partners
PointState Capital
Principal Strategies Group
Ramius
Saba Capital
Silver Spike Holdings
SPF Investment Management
Skybridge Capital
Temasek Holdings
Varagon
York Capital Management
Principaux dossiers
Katten
Specializing in advising quantitative firms, the hedge fund practice at Katten is led by global chair Lance Zinman from the Chicago office as well as Wendy Cohen and Allison Yacker from New York office. Zinman has significant experience representing quantitative asset managers and proprietary trading firms that deploy volatility, algorithmic, low-latency and other quantitative trading strategies, while Cohen has vast domestic and international knowledge of securities, futures and cryptocurrencies. Yacker is frequently sought after by a variety of funds to assist on a variety of strategic issues such as quantitative trading, private credit, and distressed debt. Based in New York, Henry Bregstein specializes in advising on insurance dedicated alternative investment funds and privately placed life insurance and annuities providing guidance on fund formation and regulatory compliance in this space.
Responsables de la pratique:
Lance A. Zinman; Wendy Cohen; Allison Yacker
Autres avocats clés:
Henry Bregstein; Jonah Roth
Les références
‘The deep industry knowledge and experience of the practice is a significant advantage when structuring and negotiating a transaction. Along with their expertise, the team consistently demonstrated seamless, real-time engagement and provided strategic, pragmatic solutions tailored to our unique situation.’
‘Lance Zinman was an invaluable resource for both the legal and business aspects of our transaction. His extensive experience in the industry was evidenced throughout the course of negotiations, including several instances where he devised unique solutions to overcome unexpected business obstacles. Both he and his team were immediately responsive to time-sensitive needs and produced work product of the highest quality. Jonah Roth added significant value to the project, demonstrating meticulous attention to detail in deliverables, and coordinating with both Lance and other areas of the firm.’
Principaux clients
Brown Brothers Harriman & Co.
Pan Capital Management
Sumo Capital / Sumo Investment Management LLC
US Innovative Technology
Walleye Capital
Fiera Capital Corporation
PineBridge Investments
Antares Capital
JP Morgan Investment Management
Principaux dossiers
- Acting as counsel to Fiera Capital Corporation with respect to many of its hedge funds.
- Acting as counsel to PineBridge Investments with respect to many of its hedge funds.
- Representing Brown Brothers Harriman & Co. on a wide variety of matters related to private funds, including hedge funds, open-end funds, hybrid funds and closed-end funds.
Kleinberg, Kaplan, Wolff & Cohen, P.C.
The team at Kleinberg, Kaplan, Wolff & Cohen, P.C. provides a comprehensive advisory service in relation to domestic and offshore funds and fund-of-funds, assisting managers from the funds creation to the lifecycle of the fund. Eric Wagner and Jamie Nash jointly lead the team, with Wagner representing all types of private funds including hedge, credit, and venture funds while Nash represents start-up, emerging and mature managers in connection with a variety of capital raising structures. Jason Grunfeld regularly handles seed deals, managed account agreements, and special purpose vehicles alongside management companies while Kelly Zelezen assists clients with a range of issues related to formation and operation, and compliance. All listed lawyers are based in New York.
Responsables de la pratique:
Eric Wagner; Jamie Nash
Autres avocats clés:
Jason Grunfield; Kelly Zelezen
Les références
‘Very knowledgeable team.
‘High level of knowledge with different departments working together.’
‘Kleinberg, Kaplan, Wolff & Cohen stands out for their partner-driven approach, ensuring every client benefits directly from the expertise of seasoned professionals.’
Principaux clients
Elliott Investment Management L.P.
DSC Meridian
GenRock Capital Management, LP
Clear Haven Capital Management, LLC
Boothbay Fund Management, LLC
Oribel Capital Management, LP
Principaux dossiers
- Advised Clear Haven on the launch of an open-ended hedge fund. The hedge fund is focused on investments in asset-backed and residential mortgage-backed securities.
Lowenstein Sandler LLP
The team at Lowenstein Sandler LLP is based across New York and New Jersey and lends itself to an array of matters including fund formation and structuring, regulatory and compliance, as well as cryptocurrency and digital assets issues in this space. Robert Minion, Marie DeFalco, and Scott Moss jointly lead the team with Minion standing out for his organization and structuring of a variety of fund types including hedge and private equity, and multi-strategy while Moss focuses his practice on representing offshore and US-based funds, investment advisers, broker-dealers, commodity pool operators, and commodity trading advisors in formation and structuring as well as mergers and acquisitions, and other financial transactions. David Goret assists managers with various types of transactions and compliance matters while Boris Liberman advises US and international hedge funds, mutual funds, and managed accounts on investment and trading strategies.
Responsables de la pratique:
Robert Minion; Marie DeFalco; Scott Moss
Autres avocats clés:
David Goret; Boris Liberman
Principaux dossiers
Paul Hastings LLP
Paul Hastings LLP‘s team is well-regarded for its work on fund organisation, liquid fund structure, and regulatory capabilities. The team is led by Josh Sternoff and Michael Rosella from the New York office. In Los Angeles, Art Zwickel focuses on structuring and organizing private investment funds, including hedge, private equity, and hybrid funds. Also based out of Los Angeles, Yousuf Dhamee multijurisdictional practice involves representing investment advisers in connection with the structuring and distribution of investment funds, including hedge funds, private equity funds, registered funds, and customized investment products.
Responsables de la pratique:
Josh Sternoff; Michael Rosella
Autres avocats clés:
Art Zwickel; Yousuf Dhamee
Principaux clients
Camden Asset Management, LLC
J.P. Morgan Private Wealth Advisors (JPMWA)
Dalton Investments LLC
Hawk Ridge Partners
ICG Advisors
Tree Line Capital Partners
801 West Capital Management
Advanced Research Investment Solutions
Arena Capital Advisors
Calvera Partners LLC
Cercano Advisors
Coincident Capital
Cottonwood Capital Partners
DAFNA Capital Management
Glendon Capital Management
Ishara Investments LP
KWK Management
Medina Value Partners LLC
Mercurius Media Capital LLC
Orso Partners
Preserver Partners
Prime Opportunities Investment Group
TerraCotta Group, LLC
Principaux dossiers
- Advised Camden Asset Management on the organization of single-investor vehicles for institutional investors and provide continuous advice to Camden in respect of other funds managed by the firm and ongoing regulatory matters.
- Assisting Dalton Investments on a number of projects, including launching a new series of its series trust to invest in the securities of Korean issuers and an inquiry by the House Judiciary Committee into ESG-related matters.
- Representing Hawk Ridge Capital Management in connection with the organization of several new share classes for its flagship funds as well as negotiating side letter agreements with institutional investors coming into the fund.
Seward & Kissel LLP
Seward & Kissel LLPs team is based in New York, and provides clients with a holistic approach to their fund formation needs, often collaborating with departments such as tax and litigation to assist clients with their legal and regulatory needs. The team is jointly led by Patricia Poglinco and Kevin Neubauer who both advise a large number of funds in this space. Steven Nadel is well regarded for his work with top global hedge funds while Christopher Riccardi collaborates with sponsors and managers of hedge funds, commodity pools, and hybrid funds.
Responsables de la pratique:
Patricia Poglinco; Kevin Neubauer
Autres avocats clés:
Steven Nadel; Christopher Riccardi
Les références
‘Great people, straight shooters, diligent and quick to respond.’
‘Very knowledgeable and solutions-oriented.’
‘Great partner oversight of all work. ’
Principaux dossiers
Willkie Farr & Gallagher LLP
Boasting a diverse client base, the team at Willkie Farr & Gallagher LLP handles transactional, regulatory and enforcement matters within the hedge fund space. The firm assists clients across hedge and private equity funds, commodity pools, registered funds and broker dealers. The team’s leadership group including Phillip Isom, Margery Neale, Lior Ohayon, Joseph Cunningham , Rita Molesworth, and Mark Vandehaar . The team has shown capabilities advising clients with digital assets assisting with transactions and issues arising out of virtual currency and digital ledger technology developments. All listed lawyers are based in New York.
Responsables de la pratique:
Phillip Isom; Margery Neale; Lior Ohayon; Joseph Cunningham; Rita Molesworth; Mark Vandehaar
Principaux dossiers
K&L Gates
The hedge fund practice at K&L Gates advises sponsors and managers of a range of hedge and alternative investment funds on navigating issues relevant to the structuring, documentation and operation of hedge funds in key jurisdictions worldwide. Washington’s Mark Amorosi and Ndenisarya Meekins co-lead the team with Boston’s Michael Caccese and Clair Pagnano. Christopher Lokken is based in Chicago and focuses his practice on the formation and operation of private investment funds and investment management firms while Matthew Mangan in San Francisco assists with fund formation, product structuring, and regulatory and compliance matters.
Responsables de la pratique:
Michael Caccese; Clair Pagnano; Mark Amorosi; Ndenisarya Meekins
Autres avocats clés:
Christopher Lokken; Matthew Mangan
Les références
‘The K&L Gates team is very smart and diligent and detailed. They produce quality work.’
‘Matthew Mangan, who leads the investment group, is absolutely the best in thought leadership and client service. He can use the whole firm resources at K&L gates to support clients. His understanding of structures and his ability to pay attention to detail is far better than anyone I have seen.’
Principaux clients
Nikko Asset Management Americas
Museum of Fine Arts, Boston
Mirova US