Investment Advisers & Private Funds

30+ years guiding funds across asset classes and strategies, domestically and across the globe

Obtaining Client-Driven Results

Whether you’re a new fund manager, or a seasoned pro with billions under your charge, sound legal counsel is a necessity. More than 30 years ago, Foley Hoag made a strategic decision to focus on private equity, venture capital and hedge funds exempted from regulation under the Investment Company Act, and since then we have consciously built our platform to support our fund clients through all aspects of their business, from the formation process and regulatory and tax issues through investments in high growth companies. 

Our clients include government pension entities, outsourced CIO firms, hedge fund managers, private equity and venture capital fund managers, international forestry funds, renewable energy project sponsors, as well as other institutional investors making equity and debt investments (both directly and by means of selection of external managers and/or funds). We have a deep understanding of the interests of investors, fund sponsors and managers and limited partners, and strive to align their interests in a manner that will drive returns.

Our clients can depend on a stable bench to offer creative and efficient client driven results. Our team is widely known as best in class, and in 2021 we were recognized by MITIMCo as a recommended law firm in the U.S. and Canada for our private funds practice in representing emerging managers. 

Areas of Focus

Our attorneys specialize in supporting domestic and offshore investment funds across all their legal needs, such as:
  • Fund Formation Support -  Fundamental structuring determinations, the private placement of fund interests, drafting disclosure, subscription documentation, and fund agreements, negotiating side letters, structuring manager and general partner vehicles, taking into account variances in investment strategies and desirable operational and tax results for managers
  • Tax Support - Domestic and offshore fund structures, tax-efficient compensation arrangements and complex compliance requirements
  • Regulatory Support - Satisfying regulatory exemptions under the Investment Company Act, Investment Advisors Act, ERISA, Commodities Exchange Act, CFIUS, and others
  • Transactional Support -  Support across the full investment life cycle, including portfolio financings, platform and add-on acquisitions, and exits
  • Operational Support - Privacy & data security, duties of investor-appointed directors, employment and compensation matters, governance and succession counseling, and securities law filings

Awards & Accolades

Related Practices & Industries