Clients in the private fund industry are confronting greater litigation risk today than at any other time in their history. Nixon Peabody has an experienced team of litigators with an industry-leading reputation in the private fund disputes area. In the mid-1990s, long before the credit crisis and the subsequent turmoil in the private fund industry, our attorneys developed a cutting-edge practice in this area when we represented sponsors of private investment funds, including tax credit partnerships and venture capital funds. Today, we are industry leaders with the experience and judgment to solve complex disputes affecting a variety of private investment funds, including:
- Hedge funds
- Private equity funds
- Venture funds
- Collateralized debt obligations (CDO)
- Asset-backed securities (ABS)
- Real estate investment partnerships
Our clients include funds, investors, liquidators, managers, and insolvent estates. We represent clients from around the world in both U.S. domestic funds and in funds domiciled offshore in the Cayman Islands and British Virgin Islands (B.V.I.), and in Europe.
We understand the duties and obligations of funds and managers, so we can assist them with any challenge, from day-to-day obligations, to control contests, to winding down and liquidation. Our team is amongst the most experienced in the industry in handling fraud-based redemption and clawback disputes and related insolvency proceedings. As a result, we understand how to help clients address the friction between investors and managers. Fund and manager clients have also turned to Nixon Peabody repeatedly for advice and representation in criminal and civil investigations ranging from insider trading to record retention compliance.