Alongside asset managers and private fund sponsors Paul Hastings LLP is a popular option for sovereign wealth investors, pension systems and other institutional investors. The practice covers a broad range of asset classes, including buyout, distressed and mezzanine debt, and venture capital with a high level of knowledge and experience in real estate funds. The team is largely based in New York and jointly led by Josh Sternoff who is praised by clients for his ‘excellent legal advice’, Michael Rosella , and John Budetti, who joined the firm in April 2023 from Kirkland & Ellis LLP and strengthens the firms offering across a gamut of matters in the private funds space. Max Rosenberg is a notable practitioner advising on co-investment vehicles, carried interest arrangements and secondary sales of fund interests where he handles some of the firms stand out clients, including Artemis Real Estate Partners and Oak Hill Advisors. Esther Chiang joined the firm in May 2023 from Goodwin, and deals with private equity funds, infrastructure funds, GP stakes funds and fund of funds.
Testimonials
Collated independently by Legal 500 research team.
‘This is a very business-oriented team in terms of finding solutions to accomplish the client's goals. The team is very responsive.’
‘Josh Sternoff has represented our firm for over a decade and has expanded his role by providing excellent legal advice in a business-friendly way. Max Rosenberg has followed in the same manner.’
Key clients
- Activum SG
- Artemis Real Estate Partners
- The Davis Companies
- Lionheart Strategic Management LLC
- New York Life
- Nuveen
- Oak Hill Advisors
- The Praedium Group LLC
- Prudential Global Investment Management
Practice head
The lawyer(s) leading their teams.
Josh Sternoff, Michael Rosella, John Budetti