Hedge Funds

We represent hedge funds, venture funds and private equity funds in all aspects of their business and operations. We counsel and structure these private investment vehicles to qualify for exemptions from the Investment Company Act and the Investment Advisers Act and, in the case of hedge funds, assist hedge fund managers in registering under the Advisers Act and assuring their practices, policies and procedures conform to standards under recently-adopted Securities and Exchange Commission regulations.

In addition to regulatory compliance, we advise on organization, capital financing, incentive fees and other compensation arrangements, portfolio company investments, dissolution and other extraordinary transactions. Lawyers in our Firm also have experience in creating related structures such as fund-of funds, parallel funds, master/feeder funds and non-US or offshore vehicles. We are familiar with criteria for special investors, such as retirement plans subject to ERISA (Employee Retirement Income Security Act), and have been retained by institutional and high net-worth investors as well as family partnerships and trusts to evaluate provisions of a fund's governing documents in connection with a potential investment in the fund.

We possess expertise in negotiating and crafting limited partnership and limited liability company operating agreements, private placement memoranda and subscription documents, as well as management, advisory, brokerage, custody and margin agreements, and have acted as legal counsel in connection with investments and acquisitions of both operating and developmental stage businesses for venture and private equity firms.