Sidley has one of the premier Hedge Fund practices in the world. Institutional Investor’s Alpha Magazine ranked Sidley as the number one onshore U.S. hedge fund law firm in 2006 and 2007 and second overall in 2008 and 2009 in the Alpha Awards™ for hedge fund legal service providers. In the 2009 survey, Sidley placed first in the sub-categories of client service and document preparation/fund formation, in each case for managers with over $1 billion under management. The Alpha Awards™ rankings are based on a polling of more than 650 hedge fund firms, which collectively manage more than $1.1 trillion. Sidley was named as the 2009 Best Onshore Law Firm in Hedge Fund Manager (HFM) Week’s inaugural U.S. Service Provider Awards and was also shortlisted and “highly commended” in the category of Best Onshore Law Firm at HFM Week’s European Hedge Fund Services Awards 2010.
We have organized and provide ongoing representation to hundreds of funds of funds and their managers. Our funds of funds clients range from those who are involved with broad-based, multi-strategy and multi-manager funds to funds with more focused funds tailored to specific strategies with a smaller numbers of managers.
We provide a full range of legal services to our funds of funds clients, including advice on legal structure and other formation issues, securities and derivatives regulatory matters, business term alternatives, marketing arrangements, trading documentation, exchange listing, internet usage and tax and ERISA matters. We also advise with respect to credit facilities and derivatives and exchange traded overlay programs (such as portable alpha programs) and other structures.