Alternative Investment & Investment Management


Providing a full range of legal solutions to those in the alternative investment and investment management industries, Ulmer & Berne is highly skilled in private offerings, due diligence investigations, acquisition and disposition of portfolio companies and other investments, regulatory compliance and counseling, regulatory investigations, enforcement proceedings, arbitrations and litigation. The diverse backgrounds of our attorneys, which include former SEC enforcement lawyers, registered investment representatives, and the general counsel of a hedge fund, enable us to effectively counsel and represent a diverse and dynamic client base, including hedge, private equity and real estate investment funds, investment advisers, commodity pool operators (CPOs), commodity trading advisors (CTAs), proprietary trading firms, onshore funds, and offshore funds.

Formation and Private Offerings
Our attorneys also serve as counsel to several large institutional and family office investors. These clients rely on us to perform due diligence investigations of potential investments and negotiate limited partnership and side letter agreements for their investments into hedge, private equity, and real estate funds. As a result, our attorneys understand current trends in the alternative investment industry from both the sponsor and limited partner perspectives.

Our experience and expertise enables us to devise the optimal legal structure for investment advisers and funds. We can help create effective offering memoranda, fund documents and investment adviser agreements, in addition to marketing and subscription materials. Ulmer & Berne’s attorneys also counsel fund and investment adviser clients regarding pertinent SEC, CFTC and other regulatory considerations, and otherwise guide them through the offering or sales process. On the investor side, our attorneys often assist fund-of-funds, pension funds and other institutional investors in performing due diligence reviews of potential allocations to alternative-investment vehicles, as well as negotiating the limited partnership and side letter agreements with such vehicles.

Chicago-based partner Alan Wolper has been named co-chair of Ulmer & Berne’s Financial Services & Securities Litigation Practice Group. Mr. Wolper joins Cleveland-based partner Frances Floriano Goins in leading the group. Mr. Wolper focuses his practice exclusively on the representation of brokers, broker-dealers and investment advisors. He defends regulatory investigations...

“Michael Nathan Ungar | Ulmer & Berne LLP” Cleveland Jewish News January 15, 2015 Perennial Super Lawyer Michael Nathan Ungar considers settlement of a dispute embroiling Case Western University among his most memorable cases of 2014. Read the full article »

Ulmer & Berne LLP was named 2014 Ohio Firm of the Year by Benchmark Litigation at the second annual Benchmark Litigation US Awards held at the Essex Hotel in New York City on January 29, 2014. The US Benchmark Awards were based on a six-month research period involving extensive interviews...

Representative Experience