Investment Management & Investment Funds
Strategizing Funds, Elevating Investment Success
We excel as a leading advisor and strategic partner in the global investment management and funds sector, guiding a wide range of clients through the complexities of investment strategies, partnerships and transactions throughout the asset management lifecycle. Our Fund Formation & Investment Management practice is acknowledged for its extensive experience in forming and advising on a wide range of investment funds, including, but not limited to, real estate, hedge, private equity, venture capital, fund of funds, feeder and tax lien funds. This expertise is complemented by our skills in corporate transactions, regulatory compliance, tax law and ERISA, positioning us as a go-to firm for fund sponsors, institutional investors and management professionals.
Our expertise covers a wide range of transactions, including but not limited to:
- Fund Formation. We specialize in the strategic formation and management of various fund entities, navigating fund structuring, and offering tailored advice on both domestic and international entities. Our services extend to crafting essential fund documents, advising on compensation and compliance with U.S. securities laws, and representing investors in fund participations and secondary market transactions.
- Investor Representation. Our firm supports a spectrum of institutional investors, guiding them through investment decisions to cultivate enduring partnerships with fund managers. Our diverse clientele encompasses asset management firms, insurance companies, pension plans, sovereign wealth funds, and high net worth individuals.
- Strategic Partnerships and Emerging Managers. We facilitate strategic alliances and provide comprehensive support to emerging asset management talents, assisting with every aspect of their business establishment, from structural strategies to compliance frameworks.
- Succession Planning. Our advisory services include crafting carried interest, compensation, and incentive arrangements, as well as designing succession plans that ensure business continuity and growth.
- Investment Management M&A. We offer a unique perspective on specialized transactions for investment management entities, managing mergers, acquisitions, and strategic restructurings.
- Regulatory and Compliance Advisory. Leveraging extensive experience, we provide nuanced guidance on regulatory, compliance, and tax environments, including assistance with investment adviser registration, SEC regulatory frameworks, and adherence to the Volcker Rule.
- Investment Adviser Compliance Services. We support investment advisers through every stage of their business, from determining registration necessities with the Securities and Exchange Commission (SEC) and state regulators to navigating enforcement and examination issues. Our services include advising on the Dodd-Frank Act, drafting client agreements, implementing compliance policies, managing regulatory filings, and assisting with regulatory inquiries.
Our firm is dedicated to representing the interests of SEC-registered investment advisers and advocating on their behalf before the SEC, CFTC, and other regulatory agencies. Our mission is to provide strategic, forward-thinking solutions that ensure our clients not only meet regulatory compliance requirements, but also achieve operational success and growth in the complex landscape of fund formation and investment management.
At ILF, we specialize in assisting investment advisers with the fundamental aspects of their business, from formation and registration to compliance with rigorous regulatory standards. Our services include assessing the need for investment adviser registration and guiding clients through the registration process with the SEC and state regulators.
We provide expert advice on navigating enforcement actions and regulatory examinations by the SEC, Department of Labor, and other agencies, including preparation through mock examinations. Our team advises on the implications of the Dodd-Frank Act, assists in drafting and revising client agreements, establishes comprehensive compliance frameworks, and provides insight on insider trading, pay-to-play regulations, and the use of social media.
Our regulatory filing expertise under the Investment Advisers Act of 1940 includes filing Form ADV and Form PF, seeking exemptive relief, and addressing Commodity Futures Trading Commission requirements. We also manage filings such as Form 13(F) for institutional managers, Schedules 13(D) and 13(G) for beneficial ownership, and Form 13(H) for large trader reporting, in addition to responding to inquiries from the SEC and state agencies. Our team evaluates advertising and marketing materials and consults on soft dollar practices to ensure compliance and best practices.