AZAD ASSADIPOUR is counsel in Sidley’s Investment Funds group in the New York office, primarily advising buy-side clients in connection with all aspects of their trading of derivatives and other structured products for speculative and hedging purposes. Azad works with a variety of clients including hedge funds, registered investment companies, private equity funds, pension funds, insurance companies, sovereign entities and other large corporate end users of derivatives. Azad has extensive experience negotiating a wide variety of trading agreements, including ISDA Master Agreements (including credit support annexes and related master confirmations), account control agreements, prime brokerage agreements, securities lending agreements, futures agreements and repurchase agreements. Recently, Azad has worked closely with one of the world’s largest asset managers to develop its new securities lending program, which included the negotiation of all related securities lending agreements.
Azad also has substantial experience advising buy-side clients on regulatory issues relating to Dodd-Frank, with a focus on regulations implemented pursuant to Dodd-Frank Title VII. In particular, Azad has been active in advising buy-side clients on the intricacies of the margin rules for uncleared swaps promulgated by the CFTC and the U.S. Prudential Regulators.
Prior to joining Sidley in 2014, Azad worked at a New York firm where he advised one of the world’s largest custodian banks on all aspects of their business as a custodian and securities intermediary, including in particular advice with respect to their offerings of initial margin segregation products to buy-side clients.