Fried, Frank, Harris, Shriver & Jacobson LLP‘s market leading team is headed by founder Lawrence Barshay, who regularly represents and advises most major and high-profile players in this space, including D.E. Shaw and Goldman Sachs. Barshay specializes in the representation and structuring of investment funds and other alternative investments. Jonathan Adler and Jason Koenig are active members of the team, whose expertise includes representing financing institutions and asset managers in regards to complex transactions involving hedge funds. The team’s key strengths also include advising asset managers on the full range of fund related matters, and provides counsel on regulatory issues. With a focus on structuring alternative investment products, Dorothy Mehta is another key contact. Todd McMullan leads on counselling D. E. Shaw with formation and offering of funds, while Jonathan Hofer leads on formation and the offering of interest for Goldman Sachs. Lisa Schneider is another key contact in the hedge fund department. Washington’s Richard Ansbacher and Walid Khuri retired in March 2023, while Michael Sherman joined the Washington office from Dechert LLP in February 2023. 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; Dorothy Mehta; Todd McMullan; Jonathan Hofer; Lisa Schneider; Michael Sherman
Principaux clients
Bain Capital
Bank of New York
BlackRock
Brookfield Asset Management
D.E. Shaw & Co.
EJF Capital
Fortress Investment Group
Goldman Sachs
Helix Partners
J.P. Morgan
Morgan Stanley
Neuberger Berman
ORIX Corporation USA
PDT Partners
Point72 Asset Management
ShoreBridge Capital
Tavistock Group
Third Point LLC
Tiger Global
Tudor Investment Corporation
Principaux dossiers
Paul, Weiss, Rifkind, Wharton & Garrison LLP
Lauded as ‘without peer‘ on ‘individual expertise and depth of bench across all practice groups,’ the alternative investment fund team at Paul, Weiss, Rifkind, Wharton & Garrison LLP handles the full range of comprehensive strategic advisory work, including all relevant regulatory issues. With decades of expertise, ‘industry leader’ Udi Grofman leads the team with Marco Masotti, Brian Kim , Claudine Meredith-Goujon , and Steven Williams, who represent and advise a roaster of impressive clients including Blackstone Alternative Asset Management and Credit, Bridgewater Associates and DI Capital Partners, and advise of a wide range of hedge fun products. The team also regularly handles debt and hedge fund formation, SAF fund operation, seed arrangements, and various other investments with underlying funds. Allison Muth is another key contact, assisting with ongoing fund maintenance. All lawyers are based in New York unless stated otherwise.
Responsables de la pratique:
Udi Grofman; Marco Masotti; Brian Kim; Claudine Meredith-Goujon; Steven Williams
Autres avocats clés:
Allison Muth
Les références
‘Very capable in the asset management space. Not afraid to investigate things that have never been done before. The attorneys are knowledgeable and hold their own in conversation with the key business professionals.’
‘Udi Grofman stands out as an outstanding partner. Have found that Paul Weiss partners have a very good perspective regarding best practices in the industry, are on top of the latest developments, and are both proactive and practical with their advice. ’
‘Paul Weiss is the perfect blend of thorough, but commercial. There’s an inherent trade-off between “getting it right” and moving quickly and amicably such that the other party isn’t exhausted by the process. I’ve found Paul Weiss W to be especially good at making this trade-off.’
Principaux dossiers
Ropes & Gray LLP
The highly experienced alternative and hedge funds team at Ropes & Gray LLP regularly handles the full range of hedge fund matters, jointly led by San Francisco's asset management specialist Melissa Bender, New York's Morri Weinberg, Boston's Leigh Fraser and Peter Laybourn. Bender's expertise includes leading the firm's crypto blockchain department, while Fraser specializes in representing hedge fund sponsors. The team services a roster of major clients including private credit sponsor CIFC asset management, MFN Partners, and Pacific Investment Management Company, on onshore and offshore private funds, structuring products, and the full range of regulatory matters. Head of the hedge fund team, New York-based Laurel FitzPatrick leads on advising on evergreen and open end credit funds, and assists with representing both registered and unregistered fund managers. Sarah Davidoff is another key contact in the New York office, advising private fund sponsors and providing strategic counsel to national and international hedge funds.
Responsables de la pratique:
Melissa Bender; Leigh Fraser; Peter Laybourn; Morri Weinberg
Principaux clients
CIFC Asset Management
Fidelity Diversifying Solutions LLC
MFN Partners
PFM Health Sciences
Pacific Investment Management Company
Principaux dossiers
- Representing CIFC Asset Management across a host of fund formation and regulatory matters, and credit investments.
- Representing Fidelity Diversifying Solutions in a wide range of private fund matters, including the launch of their direct lending hedge fund.
- Representing MFN Partners on a wide range of hedge fund matters.
Schulte Roth & Zabel LLP
Schulte Roth & Zabel LLP‘s deep bench boasts some of the ‘most knowledgeable experienced,‘ lawyers in the alternative hedge funds space, representing a wide range of major asset and capital management clients. Handling liquid funds and investment structuring, Stephanie Breslow co-leads the team with David Efron and Peter Greene. David Nissenbaum also leads the team, assisting with a number of hedge fund and credit fund manager matters and leading on the Kepos Capital LP carbon-focused product launch, while Greene leads on representing the largest female-led hedge fund launch in the industry. The firm handles a significant volume of hedge, hybrid, and credit funds, and regularly advises investment managers on regulatory and compliance matters. Eileen Overbaugh is another name to note, representing an emerging hedge fund manager in negotiating a strategic investor arrangement. Jennifer Dunn left the firm in May 2024. All lawyers mentioned are based in New York.
Responsables de la pratique:
Stephanie Brewslow; David Efron; Peter Greene; David Nissenbaum
Autres avocats clés:
Eileen Overbaugh
Les références
‘The team at Schulte Roth & Zabel is among the most knowledgeable and experienced in the Alternative Fund Industry.’
‘The lawyers, not just Partners, but also Senior Associates and Counsel, are not just well versed in the law, they understand our business and can help make decisions.’
Principaux clients
Bayview Asset Management, LLC
Cerberus Capital Management, L.P.
Decade Renewable Partners LP
Forest Avenue Capital Management LP
GoldenTree Asset Management
Pantera Capital Management LP
Sellaronda Global Management LP
SurgoCap Partners LP
Troluce Capital Advisors, LLC
Vestal Point Capital, LP
Principaux dossiers
- Advised SurgoCap Partners LP in connection with the largest female-led hedge fund launch in the industry’s history, involving parent level, fund level and regulatory complexities.
- Represented Sellaronda Global Management LP in connection with its formation as an investment management firm, as well as the formation and launch of its flagship fund structure and negotiation of a strategic investor arrangement.
- Represented Vestal Point Capital, LP, in connection with the formation of an investment management firm, as well as the formation and launch of a flagship fund structure and a parallel managed account.
Akin
New York’s Barbara Niederkofler leads the alternative hedge funds team at Akin, regularly advising major start-up and well-established hedge funds, particularly in regards to complex compliance matters with extensive regulatory demands. Representing both domestic and offshore hedge fund managers, JP Bruynes advises on the full range of related matters. The team's expertise includes formation and structuring of investor funds, advising venture capital managers, and handling structured risk for a wide range of clients, including Blackstone Alternative Asset Management. Ann E. Tadajweski and Jonathan A. Ross are lead contacts on a $73 billion alternative investment firm focusing on asset-based specialty private credit investments, advising on fund structuring. Max Karpel joined the investment management group in August 2023. All lawyers are based in New York.
Responsables de la pratique:
Barbara Niederkofler
Principaux clients
Angelo, Gordon & Co.
Blackstone Alternative Asset Management
Principaux dossiers
- Represented Angelo Gordon, a $73 billion alternative investment firm focused on credit and real estate investing, in the fundraising of AG Asset Based Credit Fund, L.P. with over $1 billion of equity commitments, exceeding its $800 million target.
Morgan, Lewis & Bockius LLP
Morgan, Lewis & Bockius LLP boasts an ‘impressive’ hedge fund practice, led by New York-based ‘exceptional attorney,’ and hedge funds expert Jedd Wider, who handles the full range of structuring and formation of both international and domestic private investment funds. Stephen Tirrell co-leads the Boston branch of the team, including Richard Goldman handles the full range of regulatory and compliance issues, as well as leading on the launch of the Callodine Perpetual ABL fund and structuring compensation agreements. Also Boston based is Jason Traue, who assists with the full range of tax related hedge fund formation matters. The team also regularly serves as legal counsel for asset managers and advisers, representing clients on sub-advisory agreements, and providing ongoing transactional advice. Chicago’s Zeke Johnson helps negotiate single investor funds and co-investments, and the launch of private credit funds. Ethan Johnson is another key contact based in Miami.
Responsables de la pratique:
Jedd Wider; Stepher Tirrell
Autres avocats clés:
Richard Goldman; Jason Traue; Zeke Johnson; Ethan Johnson
Les références
‘Morgan Lewis is unique and stands out heads and shoulders above other top law firms in the hedge fund space in numerous regards. We have yet to encounter a law firm with similar breadth & depth of expertise, number of hedge fund attorneys and geographic footprint. Morgan Lewis has one of the diversified hedge fund and investment management practices in the world. With extraordinary expertise on the hedge fund formation side, with one of the nations leading regulatory and registered funds practices.’
‘Though the entire Morgan Lewis practice is impressive, Jedd Wider stands out above the rest. He is hands down one of the most accomplished and skilled hedge fund attorneys in the United States. Jedd’s deep knowledge of industry terms and conditions as well as hedge fund trends is unparalleled. He is a giant in the room when it comes to hedge fund negotiation. Truly an exceptional attorney and rare breed. The other attorneys in the practice follow his lead and example. ’
‘Morgan Lewis assists us on our investment funds and US regulatory matters. Morgan Lewis is uniquely positioned in being one of the early US firms in Asia doing funds work, so they really understand the Asia market, while still providing expert US regulatory advice. We have also used them for US securities advice, which was timely and helpful.’
Principaux dossiers
Proskauer Rose LLP
Specializing in advising alternative investment managers in the full range of hedge fund related matters, the experienced team at Proskauer Rose LLP is jointly led by Christopher Wells and Kelli Moll. Both lead on fund restructuring matters, and quantitative strategy fund formation. Caryn Greenspan advises fund sponsors on credit fund formations, and hedge fund managers on product launching and structuring. Assisting in single fund formation, hedge fund restructuring, and representing joint venture clients in strategy fund formation are among the team’s key strengths. Senior associate Cameron Clark is another recommended contact in the hedge fund practice. Partners Michael Mavrides and Robert Leonard departed to Dechert LLP in June 2023, while Jennifer Dunn joined the team from Schulte Roth & Zabel LLP in May 2024. All lawyers are based in New York unless stated otherwise.
Responsables de la pratique:
Christopher Wells; Kelli Moll
Autres avocats clés:
Caryn Greenspan; Cameron Clark
Les références
‘Christopher Wells is able to harness years of experience to deliver practical, targeted and business-conscious advice. ’
‘Christopher Wells takes real world business considerations into account, and is very knowledgeable and plugged into what is going on in the market. Various associates have worked on various SEC filings and are reliable and proactive.’
Davis Polk & Wardwell LLP
Boasting a roster of impressive hedge fund clients, the investment management practice at Davis Polk & Wardwell LLP regularly services the likes of Blackstone, Barclays Capital, and Avenue Capital Management. Leor Landa heads the team, leading on the developments of investment funds and structures, while Gregory Rowland specializes in providing regulatory, and transactional advice. The firm is also frequently called upon to advise on the formation of digital asset funds, derivatives, and launching of hedge fund products. Standout recent deals in this space include compliance matters, and the full range of fund structuring related issues. Key contact Benjamin Milder is active of a number of key mandates, while Jennifer Grant Cooper assists on compliance matters. All listed lawyers are based in New York.
Responsables de la pratique:
Leor Landa
Principaux dossiers
Katten
Offering a strong focus on representing major quantitative firms, credit-focused investment managers, the hedge funds practice at Katten is led by global chair Lance Zinman from the Chicago office. Wendy Cohen and Allison Yacker also lead the practice from New York, advising private credit funds on regulatory and compliance matters. Notably, the team represented Pan Capital Management with formation and structuring of a multi-strategy hedge fund, and the restructuring of existing hedge funds. More frequently advising on quantitative and algorithmic fund related matters, the team also assists with structured and investment products, and real estate and credit funds. The Chicago team also includes key contacts Jonah Roth and Christopher Shannon, assisting on the formation and launch of a private fund focusing on venture capital investments, and negotiating strategic investments.
Responsables de la pratique:
Lance Zinman; Wendy Cohen; Allison Yacker
Principaux clients
Aquatic Capital Management
Bain Capital
Brown Brothers Harriman & Co.
Pan Capital Management
Pentwater Capital Management
Schonfeld Strategic Advisers
Sound Point Capital
Sumo Capital
US Innovative Technology
Walleye Capital
Waterfall Asset Management
Principaux dossiers
- Representing Pan Capital Management, a Houston-based manager, with the formation, structuring and launch of a multi-strategy hedge fund.
- Representing Walleye Capital with the negotiation of a Singapore-based fund-of-one.
- Representing US Innovative Technology with the formation and launch of a private fund that focuses on venture capital investments.
Kleinberg, Kaplan, Wolff & Cohen, P.C.
Kleinberg, Kaplan, Wolff & Cohen, P.C.‘s deep bench boasts an ‘excellent combination of technical rigor together with commercial awareness,’ specializing in advising on hybrid hedge fund launching and management. Eric Wagner and Jamie Nash jointly lead the team, regularly representing private funds and investment advisers. The team is also praised for it’s ‘extensive experience,’ in transactional advisory work, and hedge fund restructuring. Christian Gloger and ‘incredibly knowledgeable,’ Rita Fitch are active members of the team, assisting with a broad range of matters including the structuring and launch of funds-of-funds. Philip Gross and Moshe Segal are also recommended for advising fund managers, and assisting with fund documentation drafting. All listed lawyers are based in New York.
Responsables de la pratique:
Eric Wagner; Jamie Nash
Autres avocats clés:
Joshua Bromberg; Jason Grunfeld
Les références
‘We find the team provides an excellent combination of technical rigor together with commercial awareness.’
‘Christian Gloger is highly responsive, flexible and inspires confidence in clients.’
‘I have found the KKWC team to be excellent all around–they are competent, organized, and on top of what’s needed, and they have expertise in all areas. I cannot recommend them highly enough.’
Principaux clients
Elliott Investment Management
Boothbay Fund Management
Burkehill Global Management
Principaux dossiers
- Advising Boothbay Fund Management in the launch of a multi-manager quant trading platform.
- Advising Burkehill Global Management, a fund manager founded by the former Global Head of Capital Markets at Third Point, in the launch of its first co-mingled hedge fund.
Lowenstein Sandler LLP
The New York based investment management team at Lowenstein Sandler LLP works especially with the full range of hedge fund clients and global asset managers. Leading the group is a three-person team: Robert Minion, Marie DeFalco, and Scott Moss who advises on the implementation of compliance programs and compliance with emerging regulatory standards, particularly SEC related examinations of compliance policies and procedure. The team also handles a significant volume of investment fund structuring work, including launch and formation matters. Ethan Silver advises broker-dealers on numerous issues, while Boris Liberman’s expertise includes derivatives and structured products. Ted Randolph is the co-chair of formation and structuring, advising hedge funds on the full range of operational matters, while David Goret is also recommended. Elaine Hughes and Max Karpel have departed the firm.
Responsables de la pratique:
Robert Minion; Marie DeFalco; Scott Moss
Autres avocats clés:
Ethan Sliver; Boris Liberman; Ted Randolph; David Goret
Paul Hastings LLP
Paul Hastings LLP's investment funds and private capital team stands out for its work on fund organisation, seed funding proposals, and open-end products, and related hedge fund structuring matters. The team is jointly led by global chair John Budetti who joined from Kirkland & Ellis LLP in April 2023, along with Josh Sternoff and Michael Rosella from the New York office. In California, Art Zwickel and Yousuf Dhamee are active members of the team, advising an asset management affiliate of JPMorgan Chase & Co with regulatory matters, and due diligence regarding proposed investments. The team also provides cross-border regulatory, particularly SEC related, advice for funds based in Asia. Also based in California, Alicia Harrison assists with representing Medina Value Partners in a buy-out litigation, and continuing to serve as outside counsel in funds structuring for various hedge fund managers. New York's Ira Kustin is another key contact, handling hybrid fund matters.
Responsables de la pratique:
John Budetti; Josh Sternoff; Michael Rosella; Diala Minott
Principaux clients
Calvera Partners LLC
Dalton Investments LLC
Ishara Investments LP
J.P. Morgan Private Wealth Advisors
Medina Value Partners LLC
Mercurius Media Capital LLC
Principaux dossiers
Seward & Kissel LLP
Seward & Kissel LLP‘s investment management team is based in New York, boasting a number of experienced partners advising and representing hedge fund and investment managers at all levels and advising on the full range of SEC related regulatory matters. Jointly led by Patricia Poglinco and Kevin Neubauer, the team handles fund formation issues, advising on forming open-ended fund structures in the crypto and blockchain industry. Christopher Riccardi has decades of experience in the field, advising various clients in investment strategies, derivatives, and securities, while Debra Franzese is another key contact. Robert Van Grover regularly counsels asset managers on regulatory matters and fund structuring, and Daniel Bresler is another active member of team, preparing offering documents regarding various fund structuring.
Responsables de la pratique:
Patricia Poglinco; Kevin Neubauer
Autres avocats clés:
Christopher Riccardi; Debra Franzese; Daniel Bresler; Robert Van Grover
Principaux dossiers
Willkie Farr & Gallagher LLP
Specializing in advising a range of hedge fund and investment managers on the full range of SEC and CFTC related regulatory matters, the hedge funds team at Willkie Farr & Gallagher LLP is led by a six-person team including Phillip Isom, Margery Neale, Lior Ohayon, Joseph Cunningham, Rita Molesworth, and Mark Vandehaar. The team's key strengths include assisting with management structuring, acting as fund counsel in negotiations, and advising on fund manager formations. Gabriel Acri regularly handles related cross-border matters, assisting international investment advisers and other clients on securities and alternative investment vehicles, while Deborah Tuchman advises advising on the distribution of real estate investment trusts. 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
With a large roster of hedge fund investment manager clients, the hedge fund and alternative investment team at K&L Gates regularly advises US based clients in cross-border trading and registration matters. Washington’s Mark Amorosi and Ndenisarya Bregasi co-lead the team with Boston’s Michael Caccese and Clair Pagnano. Standout recent deals include representing a US-based asset management firm and counselling them on mutual fund business matters. The team's other key strengths include private funds and investment regulation work. San Francisco’s Matthew Mangan leads on advising hedge funds in the technology sector in digital asset fund related matters. Pablo Man and Mark Goshko are other key contacts in the Boston office, leading on mutual and private fund related matters, representing global asset managers, and serving as fund counsel for hedge fund offerings. Nicholas Hodge is also recommended.
Responsables de la pratique:
Mark Amorosi; Ndenisarya Bregasi; Michael Caccese; Clair Pagnano
Autres avocats clés:
Pablo Man; Mark Goshko; Nicholas Hodge
Principaux clients
Nikko Asset Management Americas
Museum of Fine Arts, Boston
Mirova US
AllSpring Global
Principaux dossiers
- Acting as fund counsel for Nikko Asset Management.
- Representing the Museum of Fine Arts, Boston with regards to private fund investments.
- Representing Mirova US on cross-border trading and registration matters.