Brad Phipps's practice focuses on the establishment and operation of domestic and international private investment funds, co-investment and other related investment vehicles and separate account arrangements. This practice covers assets classes such as real estate, venture capital and private equity, private credit, hedge and commodities. He advises clients on fund structure, drafting disclosure and fund documents and negotiations with investors, placement agents and other service providers.
In addition to his sponsor-side work, Brad has extensive experience representing institutional investors, including public retirement systems, funds of funds, insurance companies, sovereign wealth funds and family offices in connection with investments in private funds, bespoke investment vehicles, co-investments, secondaries transactions, various kinds of separate accounts and seed and other strategic investments.
Brad represents US and international asset managers in connection with acquisitions, lift-outs, joint ventures, management company restructurings and other transactions.
In addition to his transactional work, Brad represents investment advisers, commodity pool operators, commodity trading advisors and other financial services firms in connection with a broad range of regulatory matters under the Investment Advisers Act and the Commodity Exchange Act, including registration (or exemption therefrom), ongoing operational and compliance matters, the establishment of a US presence by non-US firms and examination by the SEC, NFA and state securities regulators.
Brad has also represented financial institutions, funds and public and private companies with respect to the negotiation of a variety of brokerage, custodial, trading relationship documentation and collateral arrangements covering securities, forwards and exchange-traded and over-the-counter derivatives.
Brad is a frequent author on topics pertaining to investment funds and investment managers and the financial markets in general. Prior to becoming a lawyer, Brad worked as a compliance officer in the investment management divisions of two global investment banks.
