Registered Funds
Global Guide 2024 : USA
Band 4
Contact number
+1 212 558 4740Chambers Review
Sullivan & Cromwell counsels registered funds, advisers and independent directors on a wide range of concerns. Draws upon familiarity with the financial services sector to provide invaluable guidance on regulatory enforcement and compliance. Advises clients in the open and closed-end funds space, including BDCs.
Work Highlights
- Sullivan & Cromwell advised the independent trustees of the Pioneer Floating Rate Trust on the fund's proxy contest and eventual settlement with Saba Capital Management.
Strengths
Provided by Chambers
"Sullivan & Cromwell's group brilliantly handles complex issues. The team is extremely responsive and has excellent industry knowledge and market presence."
"The practice group is very deep and provides a very high level of service."
"Sullivan & Cromwell's group brilliantly handles complex issues. The team is extremely responsive and has excellent industry knowledge and market presence."
"The practice group is very deep and provides a very high level of service."
Notable Practitioners
John Baumgardner is acclaimed for his deep knowledge of 1940 Act issues as they pertain to his clientele of independent trustees.
"We value John's expertise."
Donald Crawshaw is particularly recognized for his strength in mutual and closed-end funds.
"Donald is very knowledgeable, provides sophisticated legal services, is easy to work with and always focuses on the commercial aspects."
William Farrar is particularly rated for his profound understanding of the BDC space. He draws on his experience to offer informed advice on formations, fundraising and M&A.
"William has subject matter expertise and offers great client service."