Fund managers need strategic, business-focused advice as they navigate high stakes litigation, strategic transactions, government investigations, and increasingly complex business, regulatory, and compliance issues. Jenner & Block’s counsel is trusted by leading hedge, investment, and private equity funds facing litigation, transactional, compliance, and regulatory challenges.
We are trusted advisors, shepherding our clients through their most challenging legal and risk-related issues and special asset situations. Our hedge fund and investment fund clients range from some of the largest hedge funds in the world, to small funds engaged in quantitative-based trading, to those focused on distressed investing and turnarounds, venture capital investors, and high-frequency trading platforms. We excel in spotting risks and opportunities, and we bring in the right talent from practices across the firm to offer panoramic, full coverage guidance on the multifaceted issues our clients face.
Experience
Litigation:
- Brookfield Asset Management in a case against AIG concerning interest rate swaps, which the parties resolved for a reported $600 million gain for our client.
- Fund investors who obtained a $180 million arbitration award against Highland Capital Management, L.P. for breaches of an agreed Scheme of Liquidation and of fiduciary duty.
- A group of hedge funds who held more than $1 billion of residential mortgage-backed securities in a challenge to actions taken by the bond insurer, AMBAC.
- Two hedge funds in a case against an Irish bank relating to a portfolio of real estate loans worth billions of dollars.
Investigations:
- Confidential representation of executives at a hedge fund in a USAO SDNY, SEC, and CFTC investigation. This matter involves the implosion of a $2 billion hedge fund, which has prompted a fast-moving and significant multi-agency investigation and has garnered extensive media coverage.
- Representing significant hedge fund in an SEC investigation with international/cross-border scope into insider trading.
Transactions:
- Represented Diamond Castle Partners on $2.5 billion acquisition of Multi-Color Corp. by Platinum Equity.
- Represented Performance Equity Management in the formation of a $650 million venture capital fund of funds; numerous investments in PE and VC funds and numerous direct portfolio company investment transactions.
- Represented Lonza Group in the $5.5 billion acquisition of Capsugel from KKR; $1.2 billion acquisition of Arch Chemicals; $630 million sale of its Water Care business to Platinum Equity and the acquisition of a controlling stake in Octane Biotech.
- Represented Professional Directional Enterprises, Inc., (Pro D), a leading directional driller in the energy space, in its successful recapitalization. In the transaction, SCF Partners acquired a majority interest in Pro D while Diamond Castle Partners retained a minority ownership interest.
- Represented Equity Group Investments / Sam Zell in the $8.2 billion going-private transaction involving the Tribune Company.
- Represented Bayside Capital in the acquisition of substantially all of the assets of Service Net Solutions.