Our Recent Representative Engagements

In each of the fund formation engagements listed below, we represented either the fund or the general partner/sponsor. Not listed are numerous engagements representing institutional limited partners in connection with an investment in an alternative asset vehicle. Many of the investment funds listed below involved parallel offshore fund vehicles designed to alleviate UBTI, ECI, FIRPTA and other U.S. tax concerns for tax-exempt entities and foreign investors.

Private Equity and Debt Funds

• a series private equity partnership with multiple investment pools investing in other funds and direct investments
• a $100 million co-investment fund investing in companies associated with underlying managers of multiple fund-of-funds that are managed by the same entities as the co-investment fund
• a $300 million bond fund investing on a series basis in odd-lot REMIC mortgage bonds
• a $200 million private equity model real estate fund that is a joint venture between a foreign bank and a U.S.-based institutional real estate investment company
• a $150 million institution-backed fund investing in the non-reimbursement health care sector
• a $240 million LBO fund focused on the lower middle market
• a $300 million open-ended private equity real estate fund focused on yield producing and capital value commercial real estate assets
• a private real estate fund for repositioned legacy non-REIT private equity investments in real estate assets and companies
• a $150 million hybrid venture debt and equity fund
• a $100 million venture fund focused on companies sourced from university tech transfer programs
• a $100 million fund targeting subordinated debt investments in growth, value and special interim finance situations, sponsored by a large private family office
• a $60 million first-time venture capital fund formed by an entrepreneur and a branding consultant, and the aggregation of it and another venture capital firm
• counseling a COO of a $10 billion fully integrated real estate investment management company on participation and governance matters
• developing and documenting the internal compensation, employment and governance structure and succession planning of a $2 billion family of private equity funds
• more than 120 SBICs or SSBICs, and about 25 management teams in the process of raising funds or obtaining an SBIC license.

• a $1 billion Term Asset-backed Securities Loan Facility (TALF) fund investing in ABS under the TALF program of the Federal Reserve Bank of New York
• a strategic block investment fund, targeted at up to $400 million, with moderate diversification requirements including 20 percent to side-pocket private investments with elective participation
• a $250 million traditional hedge fund that will invest globally in traded financial assets, including futures
• a $100 million hedge fund formed as an alternative product offered by an established investment advisory group
• a first-time hedge fund formed by a former trader and a former analyst that will invest domestically in all types of financial assets, including some private equities
• a hedge fund formed by principals of a venture capital fund in order to establish a track record from which to market the hedge fund as an opportunity for investment in later years
• an uncapped hedge fund formed by an investment advisor as a captive hedge fund for its clients, expanding to an investment opportunity marketed to non-clients
• a stable income offshore (BVI) hedge fund
• a U.S. government agency securities hedge fund (in two ring-fenced series)
• a distressed debt fund (in two ring-fenced series).

• a fund complex sponsored by a large NYSE-listed investment advisor that utilizes both a traditional private equity fund-of-funds and a hedge fund-of-funds, both targeting energy and natural resources investments
• a family of seven fund products offering fund-of-funds, long-short strategies, industry-specific, private and traditional hedge fund strategies
• a sponsor of multiple separate LLCs each investing in a single underlying fund across a single integrated platform of management
• a $300 million fund-of-funds sponsored by a nationally recognized investment bank renowned for innovative products and services offered to institutional investors
• an uncapped fund-of-hedge funds offering alternative investment products to traditional mutual fund families, following a reverse master-feeder structure with separate subsidiary strategy funds of funds (merger arbitrage, future arbitrage, PIPES, etc.) through which it will invest in diverse managers.

• an employee participation vehicle denominated in annual units awarded in different amounts each year based on annual performance criteria
• a vehicle designed to facilitate employee participation in fund investments through investment of deferred bonus and corporate parent matching contributions and loans
• an executive contribution opportunity to invest in a captive private equity fund with a drop-down SBIC
• an employee fund designed to allow current and future employees to share in the carry (past and/or future profits), provided the employees maintain employment and satisfy other criteria
• a deferred compensation model partnership that acquires at cost interests in investments made by a family of related funds
• numerous joint venture vehicles for employee ownership of carry.