“The team supported my business with the launch of a new product in 2020. They have done everything possible to support us and accompany us in our economic and legal decisions. “An excellent, competent and credible team” advises Skadden, Arps, Slate, Meagher & Flom (UK) LLP on cross-border fund formations in sectors such as special situations, private equity and credit. The practice also provides ongoing regulatory advice to fund managers, such as assistance with ESG reporting obligations, and acts for investors, including sovereign wealth funds. Greg Norman is the key name for the London office and is “patient and professional”. Linklaters benefits from the “right mix of junior and senior team members” and is also very well integrated into the wider global network of offices, providing “pragmatic and solution-oriented” advice to asset managers, investment banks and global custodians on many highly complex fund structuring and servicing mandates. In addition to paid work, the team is also aware of all important developments in the industry and is praised for its “willingness to provide information internally on topics of interest”. Silke Bernard “is truly exceptional in the fund space”, both in terms of regulated and unregulated alternative fund structures. In addition, his “knowledge of ELTIFs is a market leader”.
Hermann Beythan leads the team with Bernard and is particularly known for his expertise in debt and real estate funds as well as his regulatory advice in the context of Brexit. Baker McKenzie`s “highly professional and sophisticated” two-partner team has a “deep knowledge of local regulations” and is also able to leverage the expertise of its global brand and has a strong reputation with asset managers and institutional investors across the full spectrum of alternative investment fund work. While the firm is well versed in advising on all major asset classes in the alternative space, it has perhaps received the greatest recognition for its expertise in structuring and regulating real estate. Laurent Fessmann has “excellent access to the regulator”, which he uses for his clients in terms of discreet regulatory advice as well as for the smooth structuring of real estate, speculative and private equity funds. Catherine Martougin leads the team with Fessmann and is appreciated for her ability to provide “practical solutions” and for her “excellent knowledge of the market”. Independent law firm Deynecourt has “deep market knowledge” and experience in supporting investments in a variety of strategies, including UCITS, private equity and private debt, real estate, hedge funds and master-feeder structures. Pierre De Backer has expertise in buying and selling and, in addition to structuring Luxembourg and offshore funds, regularly advises institutional investors as an LP. Emmanuelle Bauer leads the team with De Backer. Seward & Kissel LLP`s broad range of offerings is also able to represent registered investment firms and other similarly regulated firms, and therefore serves clients that include mutual funds, closed-end funds, ETFs, BDCs and other companies registered under the Investment Companies Act of 1940 and the Stock Exchange Act of 1934.
The Washington DC office employs many of the most important practitioners in this field; Paul M Miller and Robert Kurucza are the central contacts at the management and management levels. The arrival in November 2021 of attorney Alexandra Alberstadt, who has extensive experience working with registered investment advisors on various regulatory matters affecting their business, as well as issues related to Practus` blockchain and cryptocurrency space, has also significantly strengthened the firm`s presence in New York. “Aurélien Hollard is a visionary in the emerging fields of blockchain-based instruments, combining deep expertise in funds/securitization with a pragmatic knowledge of emerging technologies in blockchain/decentralized finance.” “Eric Doherty is always willing to discuss different perspectives on relevant issues when it comes to funding legal agreements and interactions with SQs. It is accessible and respects tight schedules when needed. New York-based Lowenstein Sandler LLP`s offering is increasingly focused on providing high-quality legal advice to traditionally underrepresented fund managers and impact mutual funds, in addition to a traditional investment management practice. The team is also active in venture capital funds, representing managers at all stages, from seed funds to large successor funds, venture capital funds of funds and secondary funds. There is a trio of highly regarded lawyers at the top: Marie DeFalco, who is chosen by a client for her “unprecedented” service; Peter Greene, described as a “force of nature”; and Robert Minion, who has developed state-of-the-art compliance programs under the Investment Advisers Act. Herbert Smith Freehills LLP`s “long-standing mutual fund practice” includes large fund IPOs and secondary listings on the London Stock Exchange, as well as fund mergers and migrations. The team is well placed to advise on regulatory issues, with an increasing focus on ESG work as well as changes to the UK rating system.
She is known for advising on innovative closed-end listed fund structures and frequently manages mandates with a transatlantic twist. Nigel Farr, “respected and experienced”, counts among his clients fund managers and investment banks, focused on issuing funds and creating private funds. Tim West`s practice includes start-up, secondary capital raising and reconstruction, and he is also regularly briefed on regulatory matters; while Nish Dissanayake is an expert in fund formation and regulatory advice for asset managers. Shantanu Naravane, Senior Partner, is building a reputation for its closed-end structured funds related to loans, private equity and healthcare. Fried, Frank, Harris, Shriver & Jacobson LLP`s highly regarded alternative investment offering, which works closely with the firm`s expanded wealth management division, is known for advising the largest and most demanding players in the hedge fund and alternative investment industry. The team is no stranger to managing 50 projects simultaneously for clients such as Goldman Sachs and BlackRock. Not only does the Group remain very active in setting up core funds, but it is also continuously developing its hedge fund transaction capacity and fund-of-funds expertise. Lawyers recommended to the New York office include Lawrence Barshay, founder and head of the firm, Jessica Forbes, securities regulatory specialist, and newcomer Russell Perkins, who joined Dechert LLP in March 2021 and brings significant in-house expertise. Washington DC is another important place in terms of fund capacity – Walid Khuri and Bradford Lucas are the names to consider there. In March 2022, the New York team also won Dorothy Mehta, previously Practice Director at Cadwalader, Wickersham & Taft LLP. The enthusiasm and pragmatism of “Max von Frantzius” is remarkable and distinguishes him from many other legal advisers with whom I have worked. It provides solutions and not just theoretical legal advice.
It is always available and absolutely reliable. Paul Hastings LLP distinguishes itself by its ability to provide the highest quality advice on issues at the intersection of real estate and fund work; The firm is able to leverage the expertise of its private equity real estate fund formation offering and sophisticated global real estate acquisition-, -development and financing practice to truly differentiate itself in this area. In addition to this primary focus, the team is also able to assist sponsors and investors in structuring, establishing and operating a wide range of other private equity funds. Joshua Sternoff oversees the work of the New York office, which is also home to recommended lawyers Ira Kustin and Lawrence Hass. Yousuf Dhamee, who is based in Los Angeles and has extensive experience representing institutional advisors, is another key point of contact. “Goodwin practitioners have high visibility in the industry,” making the firm a top choice for a wide range of fund service providers, including large custodians, transfer agents, pension services organizations and securities lenders, as well as fund complexes and independent administrators. The practice stands out for its exceptional strength in the controversial field and its proven track record in handling litigation, investigations and enforcement activities involving participants in the registered funds industry. Another area of expertise of the Group is the representation of companies that issue and sell variable life insurance and annuity products, as well as investment funds that serve as financing vehicles for these insurance products.
The core team consists of Washington DC-based attorneys Christopher Palmer, Marco Adelfio and Paul Delligatti – they are praised by one client for their ability to “nurture employees and connect them with the client, providing convenience for continuity and growth.” .