Asset Management
End-to-end legal guidance for asset managers, private funds, alternative investment vehicles, and institutional and individual investors.
Hughes Hubbard’s Asset Management practice represents asset managers, private funds, alternative investment vehicles, and institutional and individual investors in a wide range of transactions, including registering asset managers with the Securities and Exchange Commission (SEC); forming, launching, and restructuring investment vehicles; and negotiating investments.
Deep understanding of the client and the business it operates. Proactive approach. Super engaged.
— Client quote, Legal 500
We advise on all stages in the life cycle of private investment vehicles, including structuring, launch, fundraising and ongoing operational needs, across a range of asset classes, with a focus on venture capital, litigation funding, private credit, business development companies and other closed-end investment funds, aviation-related assets, crypto and blockchain-related assets, and real estate. Our team also advises asset managers on SEC registration and compliance issues. In addition, we assist institutional and individual investors (including family offices and high net worth individuals) in structuring and negotiating fund investments. Our size enables us to be nimble, and our broad range of services ensures we have insights into prevailing market terms and trends, structures, and industry best practices.
Our Asset Management practitioners collaborate seamlessly with Hughes Hubbard’s multidisciplinary teams in tax, regulatory, corporate, securities, mergers and acquisitions, and private client services, ensuring tailored solutions for every client. We also conduct comprehensive due diligence on investment targets and assets, leveraging experience in these practice areas as well as in aviation, real estate, environmental law, CFIUS and sanctions, employment and ERISA law, litigation, product liability, intellectual property, and corporate reorganization.
Our Experience
Selected examples of our work include representation of:
- A commercial aircraft leasing platform in a jointly managed dedicated aviation fund with a private equity firm. The fund held its first closing with over $230 million of equity commitments from a diverse group of investors
- A newly formed private credit manager seeded by a multinational financial services company in its registration as an investment adviser with the SEC
- Erso Capital, a litigation funding manager, in the launch of litigation and patent litigation funds totaling more than $600 million in commitments
- Griffin Global Asset Management, a commercial aircraft leasing platform, in the negotiation and execution of joint venture agreements with two aviation funds managed by Bain Capital
- RA Capital Management, a healthcare-focused investment manager, in the formation and launch of its inaugural venture capital fund
- Kuramo Capital Management, Africa’s first independent multi-strategy investment manager, in the formation of various investment funds focused on the sub-Saharan African market
- 17Sigma, a Latin America-focused investment manager, in the formation and launch of its inaugural venture capital fund
- Conscious Endeavors, a newly formed impact-focused investment manager, in the formation and launch of a hedge fund and in its registration as an investment adviser with the SEC
- A principal of a crypto fund manager in the formation of the fund manager and the launch of its inaugural fund
- A multibillion-dollar family office in negotiating numerous investments in a broad range of funds and portfolio companies
Latest Updates
HHR Partners With The Conference Board ESG Center on Sustainability Issues
June 7, 2021 – We are pleased to announce that Hughes Hubbard has been invited to join The Conference Board ESG Center as the go-to firm on sustainability issues. This new relationship focuses not only on environmental sustainability, but also business sustainability, as well as...
Firm Leads Grab in Going Public Via De-SPACing Merger at $40B Pro-Forma Valuation
Hughes Hubbard acted as legal advisor to Grab Holdings Inc. in its proposed merger with Altimeter Growth Corp., a special purpose acquisition company (SPAC), that will take Southeast Asia’s leading super app public in what is expected to be the largest SPAC merger ever.In Bloomberg Law: Applying the SEC Investment Adviser Conduct Standards to Private Funds
March 6, 2021 - Sandra Poe, Terence Healy and Javad Husain co-authored an article for Bloomberg Law examining the final version of the U.S. Securities and Exchange Commission's Interpretation Regarding Standard of Conduct for Investment Advisers, an interpretive release the SEC published in June 2019...
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