Hedge Fund Formation

Akin has deep roots in the emerging hedge fund manager space, having counseled numerous early movers on their launches. Today these clients span the globe, and many are household names. Akin represents emerging and established hedge fund managers worldwide, with formation lawyers based in the United States, Europe, Asia and the Middle East.

In today’s environment, new managers need Akin’s depth and sophistication in the hedge fund space, including access to our renowned regulatory lawyers and tax experts. We understand the challenges facing first-time hedge fund managers, and our advice scales with your business, while remaining commercial and cost-efficient. Akin’s market-leading hedge fund lawyers provide comprehensive guidance during every stage of the formation of emerging managers and their hedge funds through a process we call “Fund in-Formation.”

Fund in-Formation Process

From start to finish, we provide bespoke advice to our emerging hedge fund clients throughout the formation process. Our team of accomplished lawyers will:

• Learn about the client’s expected strategy and investors and help our client define their business interests, from which we tailor a solution around the client’s unique objectives.
• Determine a regulatory framework for the client’s operations and create a proposed fund structure.
• Partner with the client to define the fund terms and the terms of any upper tier entities.
• Draft the fund’s governing and offering documents.
• Advise the client on a broad array of other documents, including management entity documents, side letters and the complex web of regulatory filings.
• Help structure and negotiate any seed deals.
• Assist in launching the fund.

In many ways, the launch represents the beginning of our journey with the client as we continue to help them run and grow their businesses.