Financial Services
SADIS
60-80
Onaverage,private fundscreatedand launchedannually
ABOUT SADIS
Sadis&GoldbergLLPisagloballyrecognizedlawfirm.Drawing ontheexperienceanddepthofourteam,weleverageeach lawyer’sindustry-specificknowledgetohelpourclients succeed.Thiscollaborativeapproachbringscollectiveinsight tothetablethatcontributestosensible,efficientresolutions, andallowsustoremainattentivetocostandtimesensitivities.
21 Countrieswith representedclients
#3
PreqinRankedforLaw FirmsServicingHedge Funds in theUS #7
PreqinRankedforLaw FirmsServicingHedge Worldwide
#1 BestLawFirm-Overall
Sadisclientsincludefinancialinstitutions,familyoffices, venturecapitalfunds,hedgefunds,privateequityfunds, buyoutfunds,commoditypools,specialpurposevehicles, strategicandfinancialbuyers,independentsponsors,domestic andinternationalcompanies,andnumerousothertypesof businessesoperatinginvariousindustriesaroundtheworld.
INDUSTRY INVOLVEMENT
IndependentSponsors-Sadishostsnetworkingeventsfor capitalprovidersandindependentsponsors,includingtwomajor conferenceseachyear,toconnectindependentsponsorsand capitalproviders.
EarnoutMagazine–A quarterly magazine, led by Sadis partner and editor-in-chief, Paul J. Marino, targeting financial services professionals, with a focus on middle and lower market private equity and independent sponsors and deal makers.
SadisBusinessBreakfast–Bringstogetherinvestors,founders, accountants,analysts,capitalproviders,andotherbusiness leaderstodiscusstrendingtopicsandnetwork.
Sadis Family Office Dinners - Executives from family offices network and share ideas on market trends across various industries.
SadisAnnualPrivateFundsForum-Industryleadersfromlaw firms,accountingfirms,thirdpartyadministrators,directorsand consultantsfocusedontheprivatefundsindustrygathertogether forseveraldaysfromacrosstheglobetoshareideasanddiscuss recentdevelopmentsfacingthefinancialservicesindustry.
FOCUSED SOPHISTICATED REPRESENTATION
Sadis maintains a diverse, business-oriented practice focused on private investment funds, asset and wealth managers, family offices, litigation, corporate, mergers & acquisitions, real estate, regulatory and compliance, tax and ERISA.
“No law firm is better in the hedge fund space. Sadis doesn’t just know the legal framework; they are on the cutting edge of defining it.”
– JOHN STERLING
FOUNDER, STERLING FUND MANAGERS
PRIVATE EQUITY
Sadis has a robust private equity practice, advising both fund sponsors and investors. Our clients benefit from our depth of experience, as we provide seasoned advice, practical and innovative solutions, and first class service. Our practice is versatile, with experience in the structuring and formation of funds, the structuring of investments and the negotiation of acquisitions and divestitures.
In addition to our private funds practice, Sadis works with some of the market’s most active and sophisticated private equity investors to structure, negotiate, and close a full range of investment and acquisition transactions. Our team has considerable experience in representing private equity funds, ranging from large multinational funds to independent sponsors, management groups, consortiums, family offices, lenders, and portfolio companies in the full spectrum of private equity transactions, including, but not limited to leveraged buyouts, corporate carveouts, growthequity investments, distressed deals, and co-investments.
REAL ESTATE FUNDS
OurFinancialServicesteamadvisesanarrayofrealestateinvestors,developers,fundmanagers, landownersandfamilyofficesinachievingtheirstrategicgoalsnationallyandaroundtheworld.By leveragingourcross-disciplinaryexpertiseinfinancialservices,realestateandtaxation,ourinvestment fundsteamprovidestargetedfundsolutionsinrealestate,includingbothclosed-endandopen-end vehicles,internationalinvestmentstructuring,specializedadviceonassetclassesandstrategies,themost up-to-dateguidanceonrecentdevelopmentssuchasopportunityzones,andtransaction-specific guidanceforclientsexecutingstrategiesinawidevarietyofrealestatebusinesses,includingresidential, office,mixed-use,manufacturingandindustrial,hotelandresorts,timberandagriculturalandother properties.
VENTURE CAPITAL
TheFinancialServicesGroupisexperienced inallaspectsofstructuringforawidevarietyof structures,includingmanyinnovative“hybrid”fund structuresdesignedtoreduceriskinconnectionwith capitalcallsand/orthecreationofpermanentcapital vehicles. Weroutinelyrepresentprivatefundsand managersoperatinginabroadarrayofasset classes andindustries,including:technology,healthcare, media,software,insurance, biotechnology,real estate,cannabis,communications,digitalcurrency andDeFi’s,oilandgas,naturalresources,gaming, leisure,entertainment,renewableenergycredits, fintechandalternativefinance. Ourventurecapital servicescoverthefullarrayoffundformationand regulatoryservicesformanagers,aswellasadvicein connectionwithacquisitions,strategicinvestments,as wellasdivestitureslocatedintheUnitedStates,witha particularfocusonmiddle-markettransactions.
Wealsodraftandnegotiateagreementsdocumenting therelationshipbetweenthefundmanager’sprincipals andemployees,sub-advisors,consultantsandfund counterparties.Sadiscurrentlyrepresentsseveral hundredprivateinvestmentfundswithmanagers throughouttheworld.Ourclientbaseiscomprised ofclientsofallsizes,backgroundsandinvestment sectors,andourclientbaserepresentsasignificant percentageoftheprivatefundindustry’smarketshare, providingthefirmwithanunusualawarenessofcurrent marketbehaviors,favoredcommercialtermsandother industrytrends.Thisuniqueaccesstocurrentmarket informationallowsourteamtoadviseourclientswith bothexperiencedlegalcounselandtimelybusiness intelligence.Byvirtueofrepresentingseveralhundred alternativeinvestmentvehicleswithinvestment managersdomiciledthroughouttheworld,ourmarket
share gives us a unique perspective on the global investment funds industry.
Additionally, as a result of our unique global footprint, we enjoy very strong relationships with leading legal counsel, auditors, placement agents, and other professionals in international centers for onshore and offshore finance, such as the Cayman Islands, Canada, Bermuda, the British Virgin Islands, Germany, Luxembourg, Ireland, Israel, Switzerland, Malta, Jersey, Guernsey, Mauritius, Hong Kong, Singapore and the United Kingdom.
We routinely represent venture capital, private equity, real estate funds, and their managers and principals in all aspects of the business, including transactional matters and portfolio company work
HEDGE FUNDS
The Financial Services Group at Sadis provides legal advice to both domestic and offshore private investment funds in the alternative investment space. Weprovidecounselonthestructureandformationof new funds, as well as the reorganization and restructuring of existing funds. We structure and service a wide variety of funds, such as long/short equity funds, global macro funds, emerging market funds, risk arbitrage funds, convertible arbitrage funds, high yield bond funds, distressed debt funds, bank debt funds, sector-specific funds (e.g., technology, Internet, health care, biotechnology), collectible funds (e.g., car, art, watch), cryptocurrency funds, cannabis funds, fund-of-funds, multimanager funds and fund platforms. We provide customized drafting of confidential private placement memoranda, limited partnership agreements, operating agreements, subscription documents and otherrelatedfunddocuments.
We also draft and negotiate agreements documenting the relationship with fund managers, principals and employees, sub-advisors, consultants and other counterparties. Sadis currently represents hundreds of private investment funds with managers throughout the world. Our clients include managers and funds of all sizes, backgrounds and investment sectors and our client base represents a significant percentage of the private fund industry’s market share, providing the Firm with an unusual awareness of current market behaviors, favored commercial terms and other industry trends. This unique access to current market information allows our team to provide our clients with both experienced legal counsel and timely business intelligence. By virtue of representing several hundred alternative investment vehicleswithinvestmentmanagersdomiciled
throughout the world, our market share gives us a unique perspective on the global investment fundsindustry.
Additionally, as a result of our unique global footprint, we enjoy very strong relationships with leading legal counsel and other professionals in international centers for onshore and offshore finance, such as the Cayman Islands, Bermuda, the British Virgin Islands, Luxembourg, Ireland, Switzerland, Malta, Jersey, Guernsey, Mauritius, Hong Kong and the United Kingdom. In addition, we maintain a specialized cross-border funds practice targeting non-U.S. managers seeking to offer securities and launch products in the United States, including clients in Ireland, the UK, theNetherlands,Canada,China,Singapore, France, Luxembourg,GermanyandSwitzerland.
Ourclientbaserepresents asignificantpercentageofthe privatefundindustry’smarket share,providingtheFirmwith anunusualawarenessof currentmarketbehaviors, favoredcommercialtermsand otherindustrytrends.
REGULATORY AND COMPLIANCE
OUR REGULATORY AND COMPLIANCE TEAM ADVISES FUNDS AND THEIR MANAGERS ON ALL OF U.S. REGULATORY ASPECTS OF THEIR BUSINESS INCLUDING THE FOLLOWING:
• Securities and Exchange Act of 1934. We advise clients on broker-dealer laws applicable to their selling activities and regularly negotiate private placement and distribution agents with selling agents. Our regulatory advice covers all aspects of broker-dealer laws, including FINRA rules and regulations and licensing.
• Securities Act of 1933. We provide a review of the basis for the private offering to the investor and that the fund file a Form D with the SEC to avail itself of the private securities offering safe harbor under Rule 506(b) or Rule 506(c) (note: Rule 506(c) offerings, which permit public marketing, require additional due diligence by the manager and so additional work on the subscription documents).
• Investment Advisers Act of 1940. Together with fund management we review applicable exemptions that may be available to it under the Advisers Act, including the foreign private advisers exemption, venture capital exemption and private fund advisers exemption. In addition, we handle all regulatory filings with the SEC, including any “exempt reporting adviser” filings and full registrations with the SEC, including the drafting of Codes of Ethics and Compliance Manuals.
• Investment Company Act of 1940. In the event any feeder funds are formed in order to conduct a U.S. offering, we would advise on the regulatory exemptions available to the fund under the Investment Company Act, including the 3(c)(1), 3(c)(5) and 3(c)(7) exemptions, as well as investor due diligence obligations imposed on the manager to demonstrate compliance.
• Commodity Exchange Act. In addition, we assess any filing obligations under the Commodity Exchange Act (applicable to commodities, currencies and swaps), including any commodity pool operator (CPO) and commodity trade adviser (CTA) filings. A broad exemption from registration exists for low levels of activities in these instruments, and standard exemptions exist for offerings in private funds. The expense associated with making the relevant filings would be minimal for the broad exemption, and relatively low for the standard private fund exemptions, though previously unregistered CPOs and CTAs would need to complete new registrations with the National Futures Association.
• Employee Retirement Income Security Act (ERISA). For offers of securities to pension plans or other investors whose assets constitute plan assets under U.S. law, we would advise on the obligations imposed under ERISA and the guidelines which the fund should follow in respect of ERISA investors to ensure that the fund does not become a fiduciary of any ERISA plan investor.
• Mock Audits. We regularly conduct SEC & FINRA mock audits and focused compliance reviews on behalf of our clients. These reviews and audits encompass a review of compliance policies and procedures that are required to be maintained by a client under federal and state securities laws. Our team leverages its multidisciplinary expertise to provide insight into best practices from a compliance, enforcement and business perspective.
FUND STRUCTURING + COSTS
Asdiscussed,inconnectionwiththeformationofaclosed-endDelawarelimitedpartnershipwhichwillinvestinlower middle-marketcompaniesandexecute on abuy-and-buildstrategy,executedprimarilythroughsignificantminority stakes(generally5%to30%)ineithersingleplatformormulti-platformoperators,providedbelowisanoverviewofthe scopeandthetermsofengagementofSadis&GoldbergLLP:
SCOPEOFENGAGEMENT
1.InvestmentVehicleFormation(3(c)(1)or3(c)(7)Fund)
WewilldraftandprepareaDelawarelimitedpartnershipstructuredforthereceiptofsubscriptionsbypassiveinvestors. If the partnership is intended to be a feeder into an offshore fund, it will need a private placement memorandum and subscription document. Further, the partnership will need to qualify for exemption under either Section 3(c)(1) or Section 3(c)(7) of the Investment Company Act of 1940, as determined by the financial sophistication and net worth of theinvestors.
Thisengagementincludesthepreparationofthefollowingdocuments:
•LimitedPartnershipAgreement
•SubscriptionDocument
•PrivatePlacementMemorandum
Estimated Fee: $35,000 – $65,000, depending on complexity (and not including any investor side letters or negotiationswithpotentialinvestorsontermspertainingtotheinvestmentitself).
NEXTSTEPS
Uponyourapprovalofthisproposal,thefollowingstepswillberequiredtocommencetheengagement:
1.ConflictCheck:Wewillconductaconflictsreviewtoconfirmthatweareabletorepresentyouinthismatter.
2.RetainerAgreement:Followingclearanceofconflicts,wewillprovideaformalengagementletterandretainer agreementforyourexecution.
Weappreciatetheopportunitytoworkwithyouonthismatterandlookforwardtoyourresponse.Pleasedonothesitate tocontactuswithanyquestions.
Our Team
Sadis&Goldberg’steamisexceptionally experiencedinventurefundformationand mergersandacquisitions.OurFirm's Partnershavedecadesofexperience,both atSadis&Goldbergandatlarger internationallawfirms,aswellasattheU.S. SecuritiesandExchangeCommission(“SEC").
OUR TEAM
Paul Marino PARTNER
212.573.8158
pmarino@sadis.com
Paul Marino is a partner in the Financial Services and Corporate groups. Paul focuses his practice in matters concerning financial services, corporate law and corporate finance. Paul provides counsel in the areas of private equity funds and mergers and acquisitions for private equity firms and public and private companies, and private equity fund and hedge fund formation.
Paul works on a variety of M&A transactions, including leveraged acquisitions, divestitures of business divisions, going-private transactions, and other strategic acquisitions and dispositions in the following industries: manufacturing, telecommunications, consumer products, hospitality, healthcare, and technology, among others. His practice also includes joint ventures and general company representation matters.
Paul has represented national and multinational corporations, ranging from telecoms to tech companies, as well as real estate syndication and financial investors and investment advisors. He has also negotiated and structured a number of U.S. domestic and cross-border mergers and acquisitions, and joint ventures.
Paulprovides counselintheareas ofprivateequity fundsandmergers andacquisitions forprivateequity firmsandpublicand privatecompanies, andprivateequity fundandhedgefund formation.
OUR TEAM
Yehuda M. Braunstein
PARTNER
212.947.3796
ybraunstein@sadis.com
YehudaM.BraunsteinheadsuptheFamilyOfficepractice andisalsoamemberofthefirm’sFinancialServicesand CorporateGroups. Mr.Braunsteincounselsfamilyoffice clientsinconnectionwithallaspectsoftheiroperations, includingformationissues,governanceandcompensation issues,transactionalanddaytodaymattersaswellas complianceissues.
Mr.Braunstein’spracticealsofocusesoninvestment funds,securities,jointventures,regulatorycomplianceand investmentadvisers. Heregularlystructuresandorganizes hedgefunds,privateequityfunds(includingrealestate, distressedandlendingfunds),fundsoffunds,separately managedaccountsandhybridfunds. Additionally,he advisesprivatefundmanagersonstructure,compensation, employmentandinvestorissues,andothermattersrelating tomanagementcompanies. Mr.Braunsteinalsostructures andnegotiatesseedinvestmentsandoperatingagreements. Heprovidesongoingadvicetoinvestmentadviserson securitieslawissues,includingSECfilings. Hispractice alsoinvolvescounselingclientsinSECregulatorymatters, includingcomplianceissuesrelatedtoregisteredadvisers, aswellasconductingmockaudits.
Yehudaregularly structuresand organizeshedge funds,privateequity funds(includingreal estate,distressedand lendingfunds),funds offunds,separately managedaccounts andhybridfunds.
OUR TEAM
Ron S. Geffner PARTNER
212.573.6660
rgeffner@sadis.com
RonS.GeffnerisafoundingmemberoftheFirm’s ExecutiveCommitteeandalsooverseestheFinancial ServicesGroup.Heregularlystructures,organizesand counselsprivateinvestmentvehicles,investmentadvisory organizations,broker-dealers,commoditypooloperators andotherinvestmentfiduciaries.Ronalsoroutinely counselsclientsinconnectionwithregulatory investigationsandactions.Hisbroadbackgroundwith federalandstatesecuritieslaws,andtherules,regulations andcustomarypracticesoftheSEC,theFinancialIndustry RegulatoryAuthority,theCommoditiesFuturesTrading Commissionandvariousotherregulatorybodies,enables himtoprovidestrategicguidancetoadiverseclientele.He provideslegalservicestohundredsofhedgefunds,private equityfundsandventurecapitalfundsorganizedinthe UnitedStatesandoffshore,aswellasthemanagersof suchfunds.
Ron regularly structures, organizes and counsels private investment vehicles, investment advisory organizations, brokerdealers, commodity pool operators and other investment fiduciaries.
PriortostartingSadis&Goldberg,Ronwasassociatedwith twootherNewYorkCity-basedlawfirms,wherehe representeddomesticandoffshoreprivateinvestment vehicles,aswellasbroker-dealers,registeredinvestment advisersandregisteredinvestmentcompanies.
OUR TEAM
Robert Cromwell PARTNER
212.573.8034
rcromwell@sadis.com
Robert Cromwell practices in the firm’s Financial Services and Corporate groups. Robert’s practice is focused on purchases, sales and recapitalizations of private companies, venture capital start-ups, private equity transactions, registered and unregistered investment companies (ETFs, private equity funds, real estate funds and hedge funds) and representing founders, managers and boards of businesses and investment funds. Robert also advises clients on general corporate matters.
Robert’s transactional experience includes: corporate and LLC startups, restructurings and exits; registered and private securities offerings; hedge funds, mutual funds, private equity funds, collective trust funds; preparation of corporate and partnership governing documents, registration statements and periodic financial reports; equity incentive plans, employment agreements, loan agreements; counseling boards of directors of registered and private funds and retirement plan committees.
Robert’s practice is focused on purchases, sales and recapitalizations of private companies, venture capital start-ups, private equity transactions, registered and unregistered investment companies.
OUR TEAM
Paul D. Fasciano PARTNER
212.573.8025
pfasciano@sadis.com
PaulD.FascianoisaPartnerintheFirm’sFinancialServices andCorporateGroups.Paulbeganhiscareerasageneral corporateattorney,andnowfocuseshispracticeon representingprivatefundmanagers,bothintheformation phaseandalsoinvariousongoingcorporateand transactionalmatters,includingmergersandacquisitions, activistinvestorrepresentation,securitieslawcompliance andderivatives.
Paulregularlycounselsclientsonstructuringandforming U.S.andnon-U.S.privateinvestmentfunds,includinghedge funds,privateequityfundsandcustom“hybrid”funds incorporatingfeaturesofboth.FundsadvisedbyPaulcover awidevarietyofstrategiesandassetclasses,withvarying liquiditycharacteristics,includingmoretypicalassetclasses suchaspubliclytradedequities,aswellaslesstypicalasset classessuchasloans,consumerreceivablesandrenewable energycredits. Paulalsohasextensiveexperiencein draftingandnegotiatingagreementsmemorializingthe relationshipbetweentheprincipalsofafundmanager.
Paulhasadvised participantsina varietyofpublicand privateM&A transactionsin diverseindustries, including transactions involvinginvestment advisers,brokerdealersandother playersinthe financialservices industry.
OUR TEAM
David Fitzgerald PARTNER
212.573.8428
dfitzgerald@sadis.com
DavidFitzgeraldisaPartnerintheFirm'sFinancialServices andCorporateGroups.David'spracticefocuseson investmentfunds,securities,jointventures,regulatory complianceandinvestmentadvisers.Heregularly structuresandorganizeshedgefunds,privateequityfunds, funds-of-funds,separatelymanagedaccountsandhybrid funds. Additionally,headvisesprivatefundmanagerson structure,compensation,employmentandinvestorissues, andothermattersrelatingtomanagementcompanies.
Drawingonhis16yearsofexperienceasaninstitutional ChiefComplianceOfficerandGeneralCounsel,David providesongoingadvicetoinvestmentadviserson securitieslawissues,includingSECfilings. Hispracticealso involvescounselingclientsinSECregulatorymatters, includingcomplianceissuesrelatedtoregisteredadvisers.
David hasprior experienceasan institutional ChiefCompliance Officerand GeneralCounsel.
OUR TEAM
Seth Lebowitz PARTNER
212.573.8152
slebowitz@sadis.com
SethLebowitzisaPartnerintheFirm’sTaxGroup. Sethadvisesclientsonthetax-efficientplanning andexecutionofabroadrangeoftransactions,witha particularfocusontheformation,operationand investingactivitiesofprivateequityfundsandhedge funds.
Specifically,Sethhasexperiencewith:
• Domestic and international tax issues relating to fund structuring
• Joint ventures and partnerships
• Corporate and real estate investing
• Lending
• Securities trading
• Distressed investing
• Financial products.
Sethadvisesclients onthetax-efficient planningand executionofabroad rangeoftransactions, withaparticularfocus ontheformation, operationand investingactivities of privateequityfunds andhedgefunds.
OUR TEAM
Alex Gelinas COUNSEL
212.947.3793
agelinas@sadis.com
AlexGelinasisaSeniorTaxandERISACounselinthe Firm’sTaxGroup.Alexfocuseshispracticeonproviding taxadvicetoinvestmentmanagersofhedgefunds, privateequityfundsandotherinvestmentfundswith respecttoallaspectsoftheirbusinesses,including managemententityandfundformation,partnership taxationissues,compensationarrangementsandongoing investmentactivitiesandtransactions.Alexalsoprovides taxadvicetoU.S.pensionfunds,sovereignwealthfunds andotherU.S.andforeigninstitutionalinvestorsin connectionwiththeirinvestments inprivateequityfunds,hedgefundsandjointventures.He alsohasextensiveexperienceinprovidingtaxplanning advicetohigh-net-worthindividualsandfamilies.
Alex has extensive experience with respect to the “plan assets” and other ERISA regulatory issues applicable to sponsors of, and institutional investors in, onshore and offshore hedge funds, private equity funds and other pooled investment vehicles.
OUR TEAM
Yelena Maltser PARTNER
212.573.8429
ymaltser@sadis.com
YelenaMaltserisaPartnerintheFirm’sFinancialServices andCorporateGroups.Yelenaregularlycounselsclientson structuringandformingU.S.andnon-U.S.private investmentvehicles(including,withoutlimitation,hedge funds,privateequityfunds,hybridfunds,fundswithnontraditionalassetclasses,realestatefunds,venturecapital funds,funds-of-funds,commoditypools,aswellas managedaccounts). Yelenaalsoadvisesclientson structuringthemanagemententitiesofsuchfunds. She regularlypreparesofferingandorganizationaldocuments forinvestmentfunds;negotiatessideletteragreements, seedcapitalagreements,jointventureagreementsand compensationarrangements;reviewsmarketingmaterials; andprovidesongoingadvicetoexistinginvestmentvehicles andmanagemententities. Inaddition,Yelenacounsels investmentmanagersonregistrationandongoing regulatorycomplianceissues.
PriortojoiningSadis&Goldberg,Yelenawasassociated withtwootherNewYorkCity-basedlawfirms,whereshe wasinvolvedingeneralcorporatework.
Yelenacounsels clientsonstructuring andformingU.S.and non-U.S.private investmentfunds,as wellasthe managemententities ofsuchfunds.
OUR TEAM
Mark Strefling PARTNER
212.573.8519
mstrefling@sadis.com
MarkStreflingisaPartnerintheFirm'sFinancialServices Group.Markisrecognizedasanindustry-leadinginvestment managementlawyerwithovertwodecadesofexperiencein thealternativeinvestmentsindustry.
Mark’spracticeincludesthespecializedrepresentationof privatefundmanagersinthedesignandformationof complexandinnovativefundstructures,themarketingand distributionoffundinterests,thedesignofcomprehensive complianceprograms,andtherepresentationofmanagers duringcriticalregulatoryexaminationsandinvestigations. Markalsopartnerswithmanagerstodelivercompliance trainingandeducation,mockexaminations,regulatoryand compliancegapanalysis,andcriticalCCOregulatory support.
Mark represents private fund managers, investment advisers, and other members of the investment management industry on fund structures, and compliance matters.
OUR TEAM
Mitchell Taras PARTNER
212.573.8417
mtaras@sadis.com
Mitchell Taras practices in the firm’s Real Estate and Corporate groups. He represents clients in a variety of complex real estate transactions, including acquisitions, dispositions, financing, construction, leasing and joint venture negotiations involving apartment buildings, shopping centers, hotels and office buildings. Mitchell has represented both borrowers and lenders in mezzanine lending, securitized loans, and secured and unsecured credit facilities. He has also represented owners in connection with construction contracts and disputes.
On the corporate side, Mitchell counsels proprietorships, franchisees and other closely held businesses in their day-to-day operations. He also has extensive experience in structuring, negotiating and implementing various business transactions, including sales of assets; mergers and consolidations; acquisitions and dispositions of companies; joint ventures; business restructuring and reorganization; and preparation of employment, shareholder, partnership and limited liability company operating agreements. With his broad experience, he also serves franchisees, entrepreneurs and other clients in a diverse range of industries.
Mitchell represents clients in a variety of complex real estate transactions, including acquisitions, dispositions, financing, construction, leasing and joint venture negotiations involving apartment buildings, shopping centers, hotels and office buildings.
OUR TEAM
Erika L. Winkler PARTNER
212.573.8022
ewinkler@sadis.com
ErikaL.WinklerisaPartnerintheFirm’sFinancialServices andCorporateGroups.Erika’spracticefocusesonthe structuringandformation,capitalraisingandregulatory complianceofU.S.andnon-U.S.privateinvestmentvehicles, including,withoutlimitation,hedgefunds,privateequity funds,hybridfunds,fundswithnon-traditionalassetclasses, realestatefunds,venturecapitalfunds,specialpurpose vehicles,funds-of-funds,commoditypools,aswellas managedaccounts.Shealsoregularlyadvisesmanagement companiesandfundmanagersonawidearrayofmatters, includingcompensationstructures,restructuringsand reorganizations,jointventures,sidelettersandseed capitaltransactions,andemploymentandinvestorissues, andnegotiatesandpreparesrelatedagreementsand documentation.
Erika’s practice focuses on the structuring and formation, capital raising and regulatory compliance of U.S. and non-U.S. private investment vehicles.
