McDermott Will & Schulte is widely recognised for its focus on hedge funds and hybrid structures, offering market-leading expertise to both institutional and entrepreneurial investment managers. The team is known for advising on fund formation, restructuring, regulatory compliance, and investor negotiations, with strong capabilities in both UK and US regulatory frameworks. Josh Dambacher specialises in structuring hedge funds, private equity funds, hybrid funds, and funds of funds, as well as advising on seeding arrangements and regulatory issues. Christopher Hilditch advises high-profile hedge fund managers on fund structuring, operations, and compliance. Lee Smith focuses on the setup and management of hedge and hybrid funds, offering guidance on corporate structuring, managed accounts, and regulatory matters. Amy MacDonagh, who was promoted to partner in 2025, advises on the formation, restructuring, and ongoing management of hedge and hybrid funds, alongside general regulatory support.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘They treat a smaller firm client as important and deserving of attention in the time frame required.’
‘Very responsive to new requirements and demands for assistance.’
‘Very strong team across the board.’
‘Top-tier firm, with large market share, providing insight and perspective.’
‘Good relationships, understanding of our offering and situation.’
‘Clearly the most knowledgeable and connected legal team for UK-based hedge funds. Very easy to work with.’
Key clients
- Advaya LLP
- Habrok Capital Management
- Hunters Moon Capital LLP
- Isabella Capital Management LLP
- JJJ Capital Management LLP
- Marshall Wace LLP
- OC Investment Management LP
- Pacific Asset Management
- Regents Gate Capital LLP
- Securis Investment Partners LLP
Work highlights
Advised OCIM on the launch of their Cayman/Delaware master-feeder fund structure.
Advised Pacific Asset Management on launching a private fund strategy.
Advised Broad Reach on the launch of a fund of one with UBS.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Christopher Hilditch
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Amy MacDonagh
Lee Smith
Practice head
Josh Dambacher; Christopher Hilditch
Other key lawyers
Lee Smith; Amy MacDonagh