DAN SPIES is a partner in Sidley’s Investment Funds practice. He has over 16 years of experience focusing on private investment funds and their investment advisers in connection with formation, corporate, regulatory and compliance matters. Dan regularly advises clients on the formation and operation of hedge funds, private equity funds, closed-end credit funds, hybrid funds, commodity pools, funds of funds, managed accounts and single investor funds. He also assists his clients with the formation and operation of their management entities, including compliance with the Investment Advisers Act and the Commodity Exchange Act. Dan’s clients range in size from startup managers to large institutional advisers. Dan regularly advises clients on seed capital arrangements, including seed capital funds and seeding transactions, representing both seeders and recipients of seed funding. He has also advised several clients in connection with manager acquisitions.
Dan has been ranked in the 2020 editions of Chambers Global and Chambers USA for Investment Funds: Hedge Funds. Chambers notes that Dan is described as “extremely responsive,” “very commercial” and providing “outstanding” client service. Dan has also been recognized by IFLR1000, The Legal 500 and Legal Media Group for Investment Funds. Dan is part of Sidley’s Investment Funds practice team which has been ranked in the top band for Hedge Funds by Chambers USA every year since 2008 (including two-time winner of Chambers and Partners’ “Investment Funds Team of the Year for the U.S.”).
Dan joined the firm in 2003 after having served as a law clerk for Vice Chancellor Stephen P. Lamb of the Delaware Court of Chancery. He earned his law degree from the University of Michigan Law School, where he graduated cum laude and his undergraduate degree from Washington University in St. Louis where he graduated summa cum laude. Dan is also a Certified Public Accountant in the State of Illinois.