March 20, 2017 – International law firm Proskauer announced today that it has added a premier registered funds, BDC and regulatory team to its asset management platform. The team is comprised of prominent investment funds partners Stuart Coleman, David Stephens, Janna Manes, Nicole Runyan, Gary Granik and Bob Plaze and senior counsel Brad Green.
“Stuart and his team have deep experience in registered funds and all of the complex regulatory and compliance issues affecting the investment management space. They have a stellar reputation in the industry and we are delighted to complement our existing asset management platform with this top-tier practice” said Joe Leccese, Chairman.
Their practice includes the representation of registered funds, fund independent board members, investment advisers and other industry service providers, as well as the representation of parties on regulatory and compliance matters, including investigations and settlements. They advise a wide array of clients ranging from specialty operations to some of the largest global and domestic asset management firms. This exceptional range and depth gives the team the advantage of having their fingers on the pulse of new products and regulatory developments moving and shaping the industry today. They have represented nearly 850 mutual funds, closed-end funds, ETFs and BDCs (or their independent board members).
“This team is a “go-to” team for significant issues affecting registered funds, their board members and advisers,” said Bruce Lieb, Managing Partner. “The team has cutting edge ’40 Act expertise and is well known for being practical problem solvers who help clients craft creative business solutions.”
The addition of this team builds upon Proskauer’s leading investment funds platform. Proskauer has one of the largest global private investment funds practices, including dedicated specialists in international financial services and investment advisor regulation, tax, ERISA, employment, litigation and other complementary practices. The Firm’s diverse practice includes representation of both fund sponsors and institutional investors across all alternative asset classes and sectors, including buyout, growth, capital, distressed opportunities, direct lending, tradable credit, venture capital, real estate, fund of funds, secondary funds and hedge funds. The Firm also has extensive experience structuring and negotiating secondary transactions and fund restructurings of all types, and has been involved in some of the largest and most complex secondary transactions in the industry.