North America - United States • Investment fund formation and management

Latham & Watkins LLP

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Latham & Watkins LLP's investment funds team handles the full spectrum of private equity sponsors, ranging from emerging managers and middle-market sponsors to high-profile global asset managers. The group has extensive experience in the formation and structuring of private equity funds and alternative products including comingled funds, co-investments and fund of funds while additionally advising on GP led secondaries and liquidity solutions. New York based Matthew Chase took over leadership of the investment funds team in November of 2023, and covers the full gamut of fund formation matters for significant sponsor clients. Also in New York is Andrea Schwartzman, a key partner in the team who is well regarded for her experience in capital raises, secondary transactions and portfolio investment structuring, alongside Edward Nelson, whose expertise in leveraged buyout and venture capital is beneficial for fund structuring. Barton Clark and Aaron Gilbride round off the team in Washington DC. The team was strengthened in February 2023 when Michael Milazzo joined the firm from Kirkland & Ellis LLP, while David Sherman left the team in November 2023.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Extremely knowledgeable and highly skilled - knows when and how to separate business issues from legal issues. Highly skilled at explaining tradeoffs.'
  • 'I have worked with Ivana Rouse over 15 years and she is exceptional. Ivana has consistently demonstrated her knowledge of issues and offering us sound advice. She has structured our Firm's entities and all its operating documents. She has found us other expert lawyers when we had specific questions regarding some of our portfolio companies. She is always very responsive to any of our issues/questions. I view Ivana as an exceptional lawyer, a great resource and an easy person to work with.'
  • 'Alex Kelly is absolutely first rate. She has an uncanny feel for our business and what we are trying to achieve on a deal. She really feels like a member of our team.'
  • 'Diligent, great follow-up, thorough and have excellent business sense.'

Key clients

  • Searchlight Capital
  • The Jordan Company
  • Oaktree Capital
  • Global Infrastructure Management
  • I Squared Capital
  • Onex Corporation
  • Lindsay Goldberg
  • StepStone
  • Riverstone Holdings
  • Ares
  • Great Hill Partners
  • Graham Partners, Inc.
  • Coalesce Capital Partners
  • Neos Partners
  • North Branch Capital
  • VMG Partners
  • Hackman Capital Partners
  • DigitalBridge

Lawyers

Leading lawyers

Andrea Schwartzman

Latham & Watkins LLP

Andrea Schwartzman is a partner in the New York office of Latham & Watkins and global Co-chair of the Investment Funds Practice. Ms. Schwartzman advises private fund sponsors, institutional investors and investment advisors on a broad range of issues, including the structuring of investment funds, portfolio investments, internal operations and regulatory compliance.

Practice head

The lawyer(s) leading their teams.

Matthew Chase