The Firm has a dynamic and longstanding practice representing a broad base of U.S. and foreign financial institutions, investment advisers and U.S. registered open-end and closed-end funds. The Firm’s practice encompasses all aspects of the investment management business, including corporate finance, banking, mergers and acquisitions, development of new products, regulatory advice and structuring of compliance programs, as well as serving as counsel to independent directors.
Our fund clients invest in a wide variety of U.S. and non-U.S. equity and debt securities and other specialized instruments and often have multi-class or master/feeder structures in order to access diverse distribution channels. We represent funds that focus on alternative investments, including registered funds of hedge funds. A significant part of the Firm's registered fund practice involves transactional representation. We represent both funds and underwriters in a wide variety of fund capital markets transactions, including offerings of common and preferred stock and rights offerings. We also represent funds and investment advisers in a variety of merger, acquisition and restructuring transactions, including fund consolidations. Registered Funds is a multidisciplinary practice that brings together such other areas as M&A, securities, banking, tax, ERISA, bank regulatory and others.