Private Funds Advisory & Enforcement Defense

Litigation

    Our lawyers have successfully represented hedge funds in affirmative and defensive litigation in state and federal courts, including securities and derivative actions, partnership disputes, and common law fraud and breach of contract matters. We also have represented funds facing threatened or actual litigation on issues arising from distressed debt investments and lender liability issues.

Looking Forward

In 2018, we expect the SEC to focus on the adequacy of corporate policies and procedures in detecting and preventing the misuse of material, non-public information. We also expect the Commission to continue to focus on fee disclosure and conflicts of interest, the allocation of expenses and investment opportunities at private equity funds and hedge funds, and valuation. We further anticipate that the SEC will increase its focus on cybersecurity with an emphasis on ensuring that private funds’ cybersecurity policies and procedures are both sufficient and being followed, and that such funds have conducted a cybersecurity “risk inventory.”