Alternative Investment Awards 2016

awards alternative investment wealth & finance2016 62 Naftalis & Frankel LLP Company: Kramer Levin Naftalis & Frankel LLP Website: AI16016 Kramer Levin Kramer Levin Naftalis & Frankel LLP is a full-service law firm headquartered in New York City with offices in Silicon Valley and Paris. One of the partners in the firm’s Alternative Investment Management practice, Kevin Scanlan, discusses the firm and the industry in which his department operates. Kramer Levin Naftalis & Frankel has very strong corporate and financial services practices and is focused, in particular, on the private fund industry given the high concentration of private funds in our client base. The firm also has leading practices in the areas of securities litigation, bankruptcy and real estate. With regards to our private funds practice, this represents a broad range of private fund managers and investors and covers virtually every type of investment fund structure and strategy. Currently the private fund industry is continuing to adjust to regulations arising out of the Dodd-Frank Act and the aftermath of the 2008 finan- cial crisis. It continues to be difficult for the small and mid-sized private fund managers to raise capital. However, we have seen it become incrementally easier to do so over the past few years. With respect to capital-raising by private funds, the Jumpstart Our Busi- ness Startups Act, or JOBS Act, was signed into law on April 5, 2012, and was intended to facilitate capital formation. However, the private fund industry has had very little interest in utilizing the capital raising flexibility included in that act. Another issue confronting small and mid- sized fund managers has been to find the money needed to maintain and build out their compliance infrastructure so that it can comply with the various rules and regulations coming out of the regulatory agencies. As part of our effort to stay up to date with developments such as these in the private fund industry, the private funds team at Kramer Levin contributes to a monthly periodical published by Kramer Levin entitled “FundsTalk”, which is designed to educate our private fund clients about industry and regulatory developments affecting their business. In connection with this effort and as part of our overall service offering, the team monitors developments impacting the private fund industry daily and identifies issues for inclusion in the periodical. To the extent there are significant developments, we may issue a client alert shortly after the development instead of waiting until the next monthly publication date. Ultimately, the congenial and supportive atmosphere we cultivate within our practice leads to better service, and better results for our clients. Best Alternative Investment Fund Law Firm – USA & Private Funds Practice Group of the Year - USA