Women in Funds

The departure of a principal or key figure from a private fund can have profound implications, negatively impacting investor relations, halting the investment period, or triggering automatic redemptions. In this discussion, Desiree Busching, a labor and employment attorney, and Ira Kustin, a private funds lawyer, delve into the complexities surrounding fund owner departures. They explore how well-crafted contracts, particularly those involving management and fund structure (s

Traditionally, the line between the structures of alternative investments like hedge and private equity has been distinct. Over the past decade or so, that line has blurred as fund managers respond to changing markets and investment appetites. Ira Kustin, Paul Hastings investment management group partner, explains changing trends in fund structures, hybrid vehicles for illiquid assets and special purpose vehicles for zombie assets, and the challenges for new fund launches tod

Law is the least diverse profession in the country. Women and minority groups remain underrepresented, particularly in positions of authority. Diversity rates have flatlined in the past decade, but champions of diversity are working to change that. Judge Jenny Rivera of the New York Court of Appeals explores why the problem persists and offers her recommendations for progress.

When criminals use shell companies, offshore bank accounts, and real estate as money laundering vehicles, lawyers, whether knowingly or unknowingly, assist these transactions. Professor William Simon explains how an unwitting lawyer could be complicit in the money laundering enterprise, the basics of money laundering laws and the risk factors, and suggests best practices for lawyers.

Ethics rules guide lawyer behavior, tactics, and strategy in negotiations. The rules prescribe the duties and responsibilities with...

An interview with Ira Kustin and Sherries Smith. Today, all businesses, including private funds, depend on cloud-based technology and...

Lawyers experience elevated levels of mental health issues, with many lawyers reporting anxiety, depression, substance abuse, and problem...

Lawyers experience elevated levels of mental health issues, with many lawyers reporting anxiety, depression, substance abuse, and problem...

An interview with Dahlia Lithwick. The role of women in the legal profession is more than a statistic. Journalist Dahlia Lithwick shares...

An interview with Professor Theodore M. Shaw. Students for Fair Admissions v. Harvard College signals a radical shift in how the Supreme...

An interview with Aviva Will (Burford Capital) and Keith Harrison (Crowell & Moring). Diversity and inclusion are laudable goals, but how...

A interview with Michelle Reed (Akin Gump). In the digital era, the specter of data breaches looms large, presenting a complex challenge...

Alternative data or alt data is now fueling investment decisions at the world's leading private investment funds. So, we partnered with the legal education company TalksOnLaw to ask a leading securities law expert. Igor Rozenblit , who previously led the private funds unit of the U.S. Securities and Exchange Commission (SEC), explains what alt data is and when using it can violate securities law.

The SEC regulates marketing material for investment advisors to protect investors and maintain the integrity of the financial markets. By doing so, they help prevent misleading, fraudulent, or manipulative financial advertisements that could deceive or harm potential investors. For example, imagine an advertisement that only highlights the success stories of certain investments but conveniently ignores the ones that performed poorly. This is known as "cherry-picking" and can

An interview with Alexia Korberg. In Dobbs v. Jackson Women’s Health Organization , the Supreme Court assessed the constitutionality of a 2018 Mississippi law that bans abortion after 15 weeks of pregnancy. We sit down for a conversation with one of the lawyers who represented Jackson Women's Health Organization to discuss.

SEC 2020 Examination Priorities for Private Funds with Ira Kustin (Investment Management Group Partner at Paul Hastings NY) Each year, the SEC's Office of Compliance Inspections and Examinations (OCIE) releases a report outlining its examination priorities for the coming year. What are the key elements of the 2020 report most applicable to private funds and registered investment advisers? What should private fund managers keep abreast of to avoid the dreaded deficiency letter

What is Bankruptcy Mothballing? The COVID-19 virus and government shut-downs triggered a historic wave of bankruptcies in the United States. Faced with profound economic uncertainties, companies have begun requesting and bankruptcy courts are increasingly employing a new tool in bankruptcy referred to as “mothballing.” Bankruptcy mothballing, as the name suggests, offers companies a pause in Chapter 11 during which certain obligations such as rent or debt payments are frozen

On January 27, 2022, the SEC issued a risk alert (the "Risk Alert") detailing a number of deficiencies it observed in examinations of registered investment advisers. The Risk Alert reminds advisers of their fiduciary duty under the Advisers Act and focuses on four compliance issues: 1) failure to act consistently with disclosures, 2) misleading or inaccurate disclosures regarding performance and marketing, 3) due diligence failures with respect to investments, and 4) use of p

The Women in Funds Insights Series brings leading experts both to live events as well as streaming on our website. Our experts and insights series features community champions, friends, and members sharing knowledge in the private funds space and beyond. Compelling CLE-accredited conversations and free CLE credit is curated exclusively for our members in partnership with legal education platform www.talksonlaw.com . For questions on how to claim your CLE credits, please emai