Registered Funds | USA

Dechert is one of the market leaders for registered fund expertise, aiding the most high-profile asset managers and expansive fund complexes, alongside small to mid-sized entities, in fund formation, transactions, regulatory compliance and litigation. Demonstrates familiarity with a diverse array of fund structures. Noted for its considerable strength in all matters relating to exchange-traded funds.

Ropes & Gray boasts a hugely respected ’40 Act practice, fluent in all types of registered fund from ETFs to proprietary and master-feeder funds. Handles the full range of matters, including fund formation and operation, regulatory compliance and tax matters, and is additionally uniquely placed to advise on hedge funds and private equity funds.

Stradley Ronon maintains an impressive client list of fund complexes, fund managers and independent trustees, who benefit from the firm's skill, industry integration and nationwide presence when developing new products or approaching other registered fund concerns. Handles a wide range of open and closed-end funds and is particularly noted for its strength in the ETF space.

The K&L Gates team is highly accomplished in the domain of ETFs and adept in its appraisal of complex regulatory and compliance matters, due to the contingent of SEC alumni in the ranks of its investment management team. Acknowledged for its deep-seated expertise in open and closed-end fund matters. Capable of deploying well-integrated global support, and providing funds with a wealth of ancillary materials and training programs.

Morgan, Lewis & Bockius offers expertise across all aspects of the registered fund space, including ETFs, money market vehicles and mutual fund complexes. Advises in connection with ’40 Act matters and the full range of state and federal regulatory matters. Noted for its ability to handle the international aspects of investments, working with experts in the firm's offices globally.

Vedder Price represents open and closed-end funds across an array of regulatory, transactional and compliance issues. Typically advises on matters relating to derivatives and structured products, CFTC procedures, and tax and ERISA affairs. Notable for its strength in the area of mutual funds and ETFs.

Willkie Farr & Gallagher counsels leading registered funds, as well as their advisers and independent directors, in connection with the full range of ’40 Act matters. Covers the whole spectrum from organization and registration to offerings. Particular strength in connection with alternative investments, closed-end funds, ETFs and BDCs.

Eversheds Sutherland's registered funds practice is noted for its capabilities in the registered insurance product and BDC spaces, along with key aptitudes in structuring and maintaining ETFs, closed-end vehicles and mutual funds, both in the USA and internationally. Regularly advises on the structuring and management of investment products in the retail, high net worth and retirement markets.

Faegre Drinker offers solid registered funds support to clients. Boasts strength in handling issues relating to mutual funds and ETFs. Areas of expertise include fund formation, restructuring and regulatory compliance and enforcement. Additional noted strength in the alternative investment space, including investments in alternative instruments by closed-end funds. Acknowledged for its experience dealing with the SEC in obtaining exemptive and no-action relief.

Goodwin represents a respectable roster of traditional mutual funds, sub-advised entities and funding vehicles for insurance products, with an invaluable proficiency in tackling the securities and regulatory issues facing bank-sponsored mutual fund complexes. Handles long-term governance matters in addition to large-scale restructuring. Distinguished in its ability to handle industry-specific litigation, enforcement and investigations.

Kirkland & Ellis has a strong bench of distinguished practitioners. The team has an enviable client list that is composed of renowned asset managers and investment companies. Its practitioners are called upon to advise clients on an array of issues including structuring, launching and forming funds. The group has further experience assisting clients on matters concerning BDCs.

Paul Hastings is notable for its registered funds prowess, especially within the niche area of unit investment trusts. Draws upon corporate and capital markets resources relevant to fund transactions such as M&A and spinouts. Serves an impressive stable of clients ranging from investment advisers to fund administrators. Strengths include mutual funds, closed-end funds and ETFs.

Sidley Austin continues to play an important role in the market, offering expertise in connection with the development and governance of a broad range of fund structures including fixed income funds, alternative investment funds and money market funds. Often acts as underwriters' counsel, drawing on the firm's recognized strength in the capital markets space. Particular strength in matters related to closed-end funds and ETFs.

Simpson Thacher is a well-known investment funds law firm that assists clients with significant ETF, BDC, and open and closed-end fund matters. Valued for its knowledge of M&A matters involving registered funds.

Clifford Chance has a deep bench of talented practitioners. The team is noted for its ability to handle a range of issues in the space, including the operation, formation and launches of BDCs and ETFs. Its practitioners have further experience providing counsel on matters relating to registered closed-end funds. The group also has experience assisting clients with complex regulatory issues.

Davis Polk & Wardwell has a respected team which assists clients across the registered funds space, including handling regulatory concerns. Noted for its particular strength in ETFs and mutual funds. Boasts substantial experience handling significant transactions, such as structuring transactions.

Godfrey & Kahn's team has considerable experience handling issues relating to open-end mutual funds, ETFs and closed-end interval funds. The practitioners are adept at providing counsel on registration and organization of funds, as well as regulatory issues. The group has notable experience advising clients on responsibilities under the ’40 Act.

Perkins Coie is able to advise clients on the full range of registered fund issues. The team is respected in the market for its ability to provide counsel on a range of matters relating to open-end and closed-end funds. The group is called upon to offer guidance on both regulatory and transactional issues.

Proskauer Rose is noted for its representation of registered funds and their independent board members in connection with a range of regulatory matters, including investigations and enforcement actions. Recognized strength in the BDC space. Commended for its expert knowledge of open and closed-end funds.

Skadden acts for a broad cross-section of parties in the registered fund arena in relation to product structuring. Provides crucial regulatory guidance concerning international stock markets and authorities. Particular strength in the BDC and closed-end fund spaces. Assists with a range of governance and transactional matters.

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 fund space, including BDCs.

Sullivan & Worcester boasts a distinguished registered funds group that handles mutual funds, closed-end funds and ETFs. Particularly well regarded for its strength in independent trustee representation.

Thompson Hine is noted for its significant registered funds practice. The team is well known for its handling of matters relating to actively managed ETFs, corporate and board governance, mutual funds and ’40 Act compliance. The group regularly represents fund and asset managers as well as retirement plans.