A part of Stroock's Investment Management practice, the Private Funds group focuses on the representation of sophisticated sponsors, distributors, investors and other market participants, with a particular emphasis on specialized products and funds at the cutting edge of the industry. Over the past 20 years, Stroock has been involved with virtually every type of private fund and is a premier law firm for certain specialty funds, such as commodity, distressed debt, incubator/seed, infrastructure, life settlement, real estate and real assets funds. The firm also has significant expertise structuring and implementing carried interest and other compensation programs for fund sponsors and their investment personnel in the U.S. and abroad.
The firm's work in Private Funds attracts many leaders in the financial services industry. Included among Stroock's Private Funds clients are Credit Suisse Asset Management, Gramercy Advisors, JPMorgan Asset Management, Mizuho Alternative Investments, Monarch Alternative Capital, Morgan Stanley Smith Barney, Neuberger Berman Management, Ramius Capital Group, Skybridge Capital and UBS Alternative Investments.
Stroock's Private Funds group works with clients to develop practical business-oriented solutions that minimize exposure to regulatory obligations and reflect the evolving demands of the marketplace, at the fund formation stage and throughout the life cycle of the fund, counseling clients on investment, regulatory, compliance and investor relations matters. The Private Funds group includes Partners in the firm's tax, ERISA, derivatives, corporate, structured finance, employment, bank regulatory, real estate, personal client service, litigation and intellectual property groups, all of whom have substantial expertise in the issues facing investment funds and investment managers, and are members of various professional legal and industry groups, allowing them to stay current and advise clients on developments that impact their business.