Fund Formation Representative Experience

• Represented a fund of venture funds manager in the formation of seven investment funds with over $1 billion in collective commitments.
• Represented sponsor in launch of $125 million hedge fund.
• Represented private equity fund manager in connection with the formation of a $150 million diversified healthcare equity fund.
• Represented sponsor of a $125 million multi-property qualified opportunity zone fund focusing on workforce housing.
• Provided formation of numerous private investment funds, including private equity, hedge, venture capital and real estate funds.
• Provided assistance with the acquisition of an alternative investment management firm that specializes in investing in hedge funds and private equity funds.
• U.S. counsel to several dozen private equity, venture capital, debt, secondaries, special opportunities, real estate and alternatives funds in entering the U.S. market and marketing to U.S. investors offering over $10 billion in the aggregate.
• Represented limited partners with aggregate investments of over $1 billion in funds with strategies including private equity, venture capital, alternative credit, real estate, hedge and energy.
• Represented sponsor in the formation of precious metals hedge fund.
• Represented a sponsor in its Rule 506(c) offering of an oil and gas fund.
• Represented the formation of a $200 million private equity fund.
• Represented a national real estate developer in creating joint ventures and other vehicles for investments with investment funds, hedge funds, investment banks, commercial banks, domestic and foreign institutional investors, sovereign wealth funds, and domestic and foreign high-net-worth individuals and families to acquire, develop, finance and refinance condominium, hotel, retail, office, mixed-use and parking projects in New York, Dallas, Chicago, Boston, Miami and other major cities throughout the United States and Canada.
• Represented a state economic development fund in its formation, including the statutory basis for its formation and its governance and investments.
• Represented a New York-based investment fund in joint venture partnership with developer and operator for a multifamily residential property program concentrated in the Pacific Northwest. Representation included joint venture formation and simultaneous multi-property acquisition and continued with ongoing property acquisitions and dispositions.
• Represented an Australian investment fund in the negotiation of a United States joint venture, followed by the purchase and financing of the venture of a multibillion-dollar portfolio of 150 U.S. shopping centers.
• Represented a French investment fund in the formation of a $175 million Marshall Islands’ venture fund with a NASDAQ-traded foreign corporation and a UK investment fund for the purpose of acquiring container carrier and dry-bulk vessels.
• Represented a $38 million EB-5 immigration fund for funding the construction of a medical school.
• Represented a $100 million private equity-style fund focused on television programming productions.
• Represented a real estate fund manager in the formation of a $125 million private open-end REIT.
• Represented a $240 million SBIC with a hybrid debt and equity mezzanine strategy.
• Represented a family office in its structuring of a multi-class evergreen fund.
• Experienced in advising investment management firms on benefits issues, specifically in a case to determine whether certain investments are permitted under ERISA for a hedge fund.

Fund Transactions and Secondaries Representative Experience

• Represented a secondaries fund manager in GP-led restructurings of two commonly-managed funds via LP tender offer with rollover options.
• Represented a $1 billion clean energy fund in connection with fund restructuring in cooperation with counsel to leading national and international investors.
• Represented an institutional manager in its acquisition of a $4.3 billion real estate equity investment advisory business, including investment management contracts and general partnership interests.
• Represented public pension plans in connection with numerous direct co-investments.
• Represented a private equity liquidity provider in its GP-level subordinated debt refinancing of a fund portfolio.
• Represented a secondaries fund in connection with its purchase of a portfolio of litigation claims.
• Represented a secondaries fund in the purchase of 79 tail-end private equity limited partnership interests from five commonly-managed funds.
• Represented a family office in the sale of a dozen private equity limited partnership interests.
• Represented many of the major broker-dealers, investment banks and hedge funds on all aspects of secondary distressed and par loan transactions.
• Represented public pension plan in its sale of over 100 interests in private equity funds.
• Represented a secondaries fund in connection with a secondary direct investment into gravel and construction remnants company in a consortium deal.
• Represented a growth equity fund in secondary purchases of shares in multiple ‘unicorn’ tech companies.
• Counseled an open-end fund in its sale to another registered fund complex.
• Counseled multiple non-U.S. fund managers in commencing U.S. operations.
• Represented a secondaries fund in secondary-direct co-investment into one of the world’s largest franchisees of fast food restaurants.
• Represented a real estate fund manager in admission of a $50 million stapled co-investment with $150 million additional commitments.
• Represented a U.S. equity fund and wealth manager in its acquisition of a Hong Kong-based fund manager.
• Served as U.S. counsel to a series of commonly-managed real estate funds in their roll-up transaction and IPO on the London Stock Exchange.