Noted for its ‘unrivaled’ knowledge of recent developments in the sector, Paul, Weiss, Rifkind, Wharton & Garrison LLP specializes in seed capital and crisis management support, representing institutional and independent hedge fund managers. The firm is well-versed acting for clients in cross-border transactions, compliance matters and fund formation. When necessary, it is also able to support clients in upper-tier issues relating to tax and litigation. The New York-based practice is jointly led by Udi Grofman and Marco Masotti. Possessing ’a very rare commercial sensibility’, Grofman supports clients in minority and majority asset manager transactions and in crisis management, from internal investigations to regulatory litigation. Masotti supports high value funds in their formation and asset management. Lindsey Wiersma advises on upper tier arrangements, seeding arrangements and secondary transactions. Robert Tananbaum acts for hedge funds, hybrid funds and distressed funds along their entire lifecycles.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Sector knowledge
Testimonials
Collated independently by Legal 500 research team.
‘The Investment Management team at Paul Weiss sees and handles the most complex, most nuanced, most cutting edge issues and transactions in the hedge fund arena. This is team you go to when everyone else says no, it can't be done, and/or when the stakes are highest.'
‘Udi Grofman is tireless, brilliant, commercial, client-focused, no-nonsense, and humane.'
‘The firm provides an exceptional service and is thoughtful.’
‘Udi Grofman is smart and commercial. Never boxing himself in to industry standards and not shy of thinking outside of the box.’
‘With Udi Grofman, I have learned from experience that his is the only counsel in his practice area that I can take to the bank. Not only does he possess nonpareil legal expertise that crushes that of his counterparts at other firms, but his range extends far beyond the usual confines of corporate practice to embrace a deep familiarity with virtually all related subspecialties.'
'Udi Grofman possesses a very rare commercial sensibility, obviating the need for so much of the wasteful dialectic that characterizes most lawyer-client relationships. He “gets it” and can invariably be counted on to have already factored in the business realities before proffering his advice.'
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.
Practice head
Udi Grofman; Marco Masotti
Other key lawyers
Lindsey Wiersma; Robert Tananbaum