Hedge Funds

Debevoise represents sponsors of numerous hedge funds active in a wide range of different strategies, including distressed debt, long-short, global macro and multi-strategy, fixed income, emerging markets and various arbitrage strategies. The firm’s hedge fund lawyers provide specialized capabilities while drawing upon the experience and resources of lawyers in the firm’s regulatory, tax, employee benefits, structured products and finance groups to assist in solving complex, and often international, issues surrounding hedge fund work.

The group’s structuring experience extends to a wide variety of domestic and offshore structures, including single stand-alone vehicles, master-feeder vehicles, funds of hedge funds, complex hybrid hedge-private equity funds, and joint venture arrangements among fund sponsors in connection with hedge fund and fund of hedge fund offerings.

The firm also advises clients on ongoing operational issues facing hedge funds and their advisers, including matters such as disclosure documentation and other advertising and marketing, trading and reporting compliance, negotiation of advisory and other service agreements, change of control, employment and other business matters, adviser registration, SEC staff inspections and enforcement actions, and other regulatory and compliance issues.