Hughes Hubbard’s Asset Management Practice

Hughes Hubbard’s Asset Management practice represents asset managers, private funds, alternative investment vehicles, and institutional and individual investors in a wide range of transactions, including registering asset managers with the Securities and Exchange Commission (SEC); forming, launching and restructuring investment vehicles; and negotiating investments.

“Deep understanding of the client and the business it operates. Proactive approach. Super engaged.” — Client quote, Legal 500

We advise on all stages in the life cycle of private investment vehicles, including structuring, launch, fundraising and ongoing operational needs, across a range of asset classes, with a focus on venture capital, litigation funding, private credit, aviation-related assets, crypto and blockchain-related assets, and real estate. Our team also advises asset managers on SEC registration and compliance issues. In addition, we assist institutional and individual investors (including family offices and high net worth individuals) in structuring and negotiating fund investments. Our size enables us to be nimble, and our broad range of services ensures we have insights into prevailing market terms and trends, structures, and industry best practices.

Our Asset Management practitioners collaborate seamlessly with Hughes Hubbard’s multidisciplinary teams in tax, regulatory, corporate, securities, mergers and acquisitions, and private client services, ensuring tailored solutions for every client. We also conduct comprehensive due diligence on investment targets and assets, leveraging experience in these practice areas as well as in aviation, real estate, environmental law, CFIUS and sanctions, employment and ERISA law, litigation, product liability, intellectual property and corporate reorganization.

Selected examples of our work include representation of:

A newly formed private credit manager seeded by a multinational financial services company in its registration as an investment adviser with the SEC
Erso Capital, a litigation funding manager, in the launch of litigation and patent litigation funds totaling more than $600 million in commitments
Griffin Global Asset Management, a commercial aircraft leasing platform, in the negotiation and execution of joint venture agreements with two aviation funds managed by Bain Capital
RA Capital Management, a healthcare-focused investment manager, in the formation and launch of its inaugural venture capital fund
Kuramo Capital Management, Africa’s first independent multi-strategy investment manager, in the formation of various investment funds focused on the sub-Saharan African market
17Sigma, a Latin America-focused investment manager, in the formation and launch of its inaugural venture capital fund
Conscious Endeavors, a newly formed impact-focused investment manager, in the formation and launch of a hedge fund and in its registration as an investment adviser with the SEC
A principal of a crypto fund manager in the formation of the fund manager and the launch of its inaugural fund
A multibillion-dollar family office in negotiating numerous investments in a broad range of funds and portfolio companies