Alternative Investments


Chapman Partners advises investment managers, private funds, and investors across a broad range of alternative investment matters.

The firm’s lawyers have advised on the formation and structuring of private equity, venture capital, hedge, and real estate funds, including vehicles ranging from emerging manager funds to large institutional investment platforms.

We advise fund managers on operational and regulatory matters, including SEC compliance, audits, and investigations, as well as fund restructurings, investment transactions, and related disputes.

Our lawyers also advise on the structuring and governance of investment management companies, including compensation arrangements, ownership structures, and strategic transactions involving management platforms, including sales, acquisitions, spin-offs, and other ownership transitions.

Chapman Partners approaches these matters with a focus on thoughtful structuring, regulatory clarity, and the long-term strategic objectives of fund sponsors and investors.

Representative Experience

The firm’s lawyers have advised investment managers, private funds, and institutional investors in the formation and structuring of a wide range of alternative investment vehicles. Representative matters of the firm’s lawyers have included advising:

• A leading real estate private equity firm in the launch of a $2.5 billion real estate fund.

• A real estate private equity sponsor in the establishment of a $600 million managed account with a state pension fund.

• A credit fund in the formation of investment vehicles to acquire non-performing loans and residential real estate assets.

• A UK-based credit hedge fund manager in the restructuring of multiple fund groups, formation of new funds, and establishment of a U.S. presence.

• A credit asset manager in its participation in the U.S. Treasury’s Public-Private Investment Program, including the structuring and launch of a Public-Private Investment Fund during the financial crisis.

• The formation of a high-frequency trading hedge fund.

• The former head of municipal trading at Goldman Sachs, in partnership with a private equity sponsor, to establish a municipal trading investment fund.

• The formation of a Japan-based hedge fund.

• A joint venture in the formation of a China-focused clean technology investment fund, among the first vehicles approved by Chinese authorities to combine domestic and foreign investment capital.

• An emerging markets hedge fund manager in the formation of a hybrid sovereign debt investment vehicle registered in Euroclear to facilitate secondary market liquidity.

• The formation of a $1.5 billion credit opportunities fund.

• An entertainment finance platform in the formation of a private equity investment fund.

• The formation of an Asian-based private equity sponsor.

• An art asset management platform in the formation of an investment fund focused on physical art assets, marketed in conjunction with Neuberger Berman.

• The formation of a closed-end investment fund focused on SPAC investments.

• An emerging markets investment platform in the formation of a special purpose private equity fund to acquire a telecommunications and cable operator in Eastern Europe.

• The investment management division of a major insurance company in the formation of a Shariah-compliant hedge fund in joint venture with a Kuwaiti sovereign entity and financial institution.

• The formation of a hospitality-focused private equity fund investing in India, targeting Middle Eastern investors.

• A UK-managed distressed debt fund sponsor in the formation of multiple credit investment funds.

*Additional representative matters may be discussed upon request, subject to client confidentiality obligations.
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