Prakash Mehta > Akin Gump Strauss Hauer & Feld LLP > New York, United States > Lawyer Profile

Akin Gump Strauss Hauer & Feld LLP
ONE BRYANT PARK
NEW YORK, NY 10036
United States
Prakash Mehta photo

Work Department

Partner; Investment Funds

Position

Prakash Mehta advises some of the world’s most prominent fund sponsors, sovereign wealth funds, endowments and other institutional investors. He provides strategic advice on private equity-style investments, exit transactions, joint ventures, and stock and asset sales. He also counsels on investor portfolio company matters and serves as corporate counsel to public and private portfolio companies. Representative work includes advising on economically transformative private equity, venture capital and infrastructure fund manager-level transactions, including seed arrangements, joint ventures and minority stake sales; counseling funds on restructuring shale-play investments impacted by volatility in the energy sector; providing advice on debt and equity investments in shipping and entertainment assets around the world; assisting Asian clients on U.S. inbound investments in a variety of sectors; and representing limited partner advisory boards regarding zombie fund manager disputes, with extensive work on funds divorce matters involving fund principals and investors. He is co-leader of the firm’s investment management practice, leader of the India practice and member of the management committee.

To learn more about Mr. Mehta, please visit his full profile: https://www.akingump.com/en/lawyers-advisors/prakash-h-mehta.html

Memberships

Advisory council, Committee for Global Thought, Columbia University; Board of directors, U.S.-India Business Council; Advisory council, South Asia Center, Atlantic Council

Education

BS, Georgetown University; JD, Georgetown University Law Center

Lawyer Rankings

India > Foreign firms

Akin Gump LLP‘s India-related work is led by Prakash Mehta in Washington DC and the ‘excellent’ Thomas John Holton in London. Its focus is on funds matters; ‘with excellent capabilities on all facets of fund formation, including regulatory, tax and compliance‘. It acts for major, often global private equity, venture capital, real estate and credit funds in their fund raisings in India and also assists India-based funds to expand overseas or set up a base in countries such as the USA, when they would also be assisted in navigating regulatory and licensing issues. There are specialists in Singapore, Hong Kong, Beijing, London and Abu Dhabi, including Divya Thakur and Juliana Widjaja in Singapore.

United States > Investment fund formation and management > Private equity funds (including venture capital)

Akin Gump Strauss Hauer & Feld LLP is known as a destination firm for emerging market funds work; Prakash Mehta has been instrumental in the firm’s expansion into Asia, and currently oversees the India practice, as well as acting as joint leader of the investment management group. His counterpart, Stephen Vine, focuses exclusively on private investment funds and their managers, and provides expert advice on the gamut of fund formation and capital raising issues. Both co-heads are based in the New York office, which saw significant team growth in the spring and summer of 2021 following the arrival of of seasoned attorneys Brian Daly from Schulte Roth & Zabel LLP and Terence Rozier-Byrd from Baker Botts L.L.P., bringing additional transactional, regulatory and operational expertise to the offering. Dennis P. Pereira  is another key member of the team, with particularly strong fundraising expertise. Other areas of strength for the offering include credit funds, secondaries and institutional investor representations.

United States > Investment fund formation and management > Alternative/hedge funds

With seasoned practitioners Stephen Vine and Prakash Mehta at the helm, Akin Gump Strauss Hauer & Feld LLP remains a go-to advisor for innovative start-ups in the hedge fund space; in conjunction such clients, the firm recently established Fund in-Formation – a comprehensive, online resource which provides investment managers with a platform and structure for intelligent decision making and increased efficiency. The group is also noted for representing private fund managers focused on credit investing and creating cutting-edge structures to address liquidity and tax issues. The spring and summer of 2021 marked a period of growth for the team, with Brian Daly (formerly of Schulte Roth & Zabel LLP), John Hamilton (formerly of Stradley Ronon Stevens & Young, LLP) and Terence Rozier-Byrd (formerly of Baker Botts L.L.P.) arriving to join the practice heads at the New York office.