Herrick maintains a full-service Private Investment Funds Practice, providing fund formation services, regulatory advice and the full suite of legal services required to support a broad range of investment platforms, including hedge funds, private equity, real estate, art and venture capital funds.
A Recognized Name in the Investment Community
We have launched hundreds of funds, and are a recognized name among institutional investors, family offices and fund service providers. Our core areas of expertise in fund formation include:
- Emerging hedge fund managers
- Unique asset class funds: art funds, specialty lending, etc.
- Real estate funds
- Alternative private equity fund structures
Well Versed in Family Office, Seed and Anchor Investments
Herrick's Private Funds Group routinely represents both funds and institutional investors in seed or anchor investments. In addition, Herrick has built a significant family office practice that includes representing family offices in connection with their investment platforms. Herrick frequently hosts family office seminars and networking events as well as capital introduction events. As a result, Herrick has a superior understanding of the pressure points of investors in today's fund raising environment.
A Compelling Value Proposition
Herrick's Private Funds Group has taken the experience gained from launching hundreds of funds to create a streamlined and cost-efficient fund formation process that produces user friendly fund documentation with the level of quality expected from today's investment community. We take an active role in structuring fund and investment vehicles to fit our clients' business models and routinely tackle unique asset portfolios and complicated tax issues. Herrick's Private Funds Group is supported by a compliment of tax, ERISA and regulatory experts available to tackle the most complicated structural issues in a practical and timely manner.
A Single Source for Legal Services
We counsel our fund clients and investors in many different areas that reflect our wide ranging legal expertise. Our clients rely on us for:
- Seed investor and joint venture transactions
- Managed account platforms and single investor funds
- SEC and state investment adviser registration
- CTA and CPO registration
- Ongoing regulatory reporting and compliance advice
- Placement agency and broker dealer issues
- Employee compensation structures and profit sharing plans
A Well Informed Legal Adviser
We maintain dedicated resources enabling us to keep apprised of the latest regulatory and tax developments that may affect our clients' business. In addition, through our network of relationships with service providers and industry leaders, we maintain an information pipeline that provides us with the most up-to-date intelligence on market trends.
Herrick's Private Funds Group reflects an interdisciplinary approach that leverages our transactional expertise in areas such as CLOs, financings, buyouts and derivative transactions. As a result of these synergies, many of our fund clients are able to obtain a highly effective and efficient overall suite of legal services from Herrick.