A point of distinction for Proskauer Rose LLP is the volume of work for business development companies, as well as expertise in other registered alterative fund products, including exchange traded funds, money market funds. Practice head John Mahon in Washington DC has a strong track record of advising asset managers on the unique regulatory issues associated with launching and managing registered funds and BDCs. Shaina Maldonado is located in the same city and is adept in fund formation and structuring for open-end and closed-end investment companies. Former practice head Stuart Coleman departed in September 2024.
Legal 500 Editorial commentary

Accolades

Client satisfaction

Key clients

  • Sixth Street Partners
  • Third Point Capital
  • New Mountain Capital
  • 180 Degree Capital
  • Great Elm Capital Corp.
  • Jane Street Group

Work highlights

  • Advised Third Point Capital on the launch of its first privately offered business development company (BDC).
  • Advised New Mountain Capital’s credit platform on the 1940 Act and other regulatory advice.
  • Assisted Sixth Street Specialty Lending, Inc., with regulatory and compliance matters under the 1940 Act.

Lawyers

Practice head

John Mahon

Other key lawyers

Shaina Maldonado