Jason S. Kaplan concentrates on corporate and securities matters for investment managers and alternative investment funds. Jason represents institutional and entrepreneurial investment managers, financial services firms and private investment funds in all aspects of their business. Jason’s practice focuses on advising managers of hedge, private equity and hybrid funds regarding the structure of their businesses and on day-to-day operational, securities, corporate and compliance issues; structuring and negotiating seed and strategic investments and relationships and joint ventures; and advising investment managers with respect to regulatory and compliance issues.

Jason’s recent speaking engagements include discussing “Regulatory and Tax,” at SRZ’s 6th Annual Private Equity Fund Conference, discussing “Shareholder Activism” at SRZ’s 27th Annual Private Investment Funds Seminar and “Credit and Hybrid Funds” at SRZ’s 26th Annual Private Investment Funds Seminar. His recent publications include co-authoring “Information Security: Obligations and Expectations,” an SRZ White Paper. Jason earned his J.D. from Fordham University School of Law, where he was a member of the Fordham Law Review, and his B.S. from the University of Michigan.

Representations

Advise managers of hedge, private equity and hybrid funds regarding structure, formation and ongoing operational issues.

Structure and negotiate seed and strategic investments.

Advise investment managers regarding the structure of their investment management businesses, including carry-sharing arrangements and other incentive compensation systems.

Represent investment managers and investors in the formation of special purpose acquisition vehicles and co-investment vehicles.

Advise investment managers with respect to regulatory and compliance issues.

Publications

“Hedge Co-Investing Gains Ground,” FT FundFire, Sept. 26, 2018 (quoted)

“Hedge Fund Co-Investing Picks Up Steam,” FT FundFire, Aug. 2, 2017 (quoted)

“Co-Investments with SRZ’s Leading Fund Formation Group,” The Hedge Fund Journal, March 2016 (quoted)

“Succession Planning with SRZ’s Leading Fund Formation Group,” The Hedge Fund Journal, March 2016 (quoted)

“Information Security: Obligations and Expectations,” SRZ White Paper, May 2015 (co-author)

“Co-Investments Enable Hedge Fund Managers to Pursue Illiquid Opportunities While Avoiding Style Drift (Parts One, Two and Three),” The Hedge Fund Law Report, February/March 2014 (quoted)

Hedge Funds: Formation, Operation and Regulation (ALM Law Journal Press), 2013-2014 (co-author)

“Reminder for Private Fund Managers: New Form D Is In Effect,” SRZ Alert, Oct. 3, 2013 (co-author)

“Dodd-Frank Becomes Law: Key Issues for Private Fund Managers,” The Hedge Fund Journal, September 2010 (co-author)

Speaking Engagements

“Fundraising Environment for Private Equity & Credit Funds,” 2018 General Counsel Conference, Jewish Young Professionals, New York, October 2018

Regulatory and Tax,” SRZ 6th Annual Private Equity Fund Conference, May 2018

2018 General Counsel Conference, Jewish Young Professionals, New York, January 2018

“Shareholder Activism,” SRZ 27th Annual Private Investment Funds Seminar, New York, January 2018

“SPVs, NOLs and HSR,” SRZ 8th Annual Shareholder Activism Conference, New York, October 2017

“Fund Structuring Obstacles and Opportunities,” ALM 2017 Hedge Fund General Counsel & Compliance Officer Summit, New York, October 2017

Financial Executives Alliance Regulatory Hot Topics for Private Equity Firms, New York, September 2017

“Credit Facilities,” SRZ 5th Annual Private Equity Fund Conference, May 2017

“Challenges Terminating Old Funds and Launching New Ones” and “Credit and Hybrid Funds,” SRZ 26th Annual Private Investment Funds Seminar, January 2017

Goldman Sachs Nineteenth Annual Hedge Fund Conference, May 2016

“What Startup Hedge Funds Need to Consider,” Bloomberg Hedge Funds Forum: Operations Strategy For Emerging Managers, March 2016

“Data Protection and Collection: Cybersecurity, Insurance and Data Scraping” and “Evolving Terms and Considerations Across the Fund Spectrum,” SRZ 25th Annual Private Investment Funds Seminar, January 2016

Grant Thornton Private Funds Investment Forum, October 2015

“Co-Investments,” SRZ 3rd Annual Private Equity Fund Conference, June 2015

“Emerging Manager Considerations — Startup Through First Five Years of Operation,” Grant Thornton Hedge Fund Symposium Series, May 2015

Goldman Sachs Eighteenth Annual Hedge Fund Conference, May 2015

“Co-Investments and Sidecars: Structuring Opportunities” and “Information Security: Obligations and Expectations,” SRZ 24th Annual Private Investment Funds Seminar, January 2015

“Marketing Opportunities and Challenges,” SRZ London Investment Management Hot Topics, March 2014

“Current Terms: Hedge Funds,” IBA 15th Annual International Conference on Private Investment Funds, March 2014

“Marketing Opportunities and Challenges” and “Running Hedge and Private Equity Strategies Side by Side,” SRZ 23rd Annual Private Investment Funds Seminar, January 2014

“Fund Distribution: A Changed Landscape,” KB Associates Third Annual Global Distribution Seminar, October 2013

“Long-Only and Other Tailored Private Funds,” SRZ Investment Management Hot Topics, June 2013

“Capital Raising in 2013” and “Form PF Workshop,” SRZ 22nd Annual Private Investment Funds Seminar, January 2013

“US Regulatory Update,” Goldman Sachs Tenth Annual Hedge Fund Seminar, December 2012

“Form PF Masterclass,” Credit Suisse European Hedge Fund Thought Leadership Conference, October 2012 

“Form PF: All the Wiser — What We Learned From the First Filing,” Credit Suisse Seminar, October 2012

“Form PF Lessons Learned & What’s Next?,” Advise Technologies Second Annual Regulatory Reporting Panel, September 2012 

“Prime Brokerage Form PF Workshop,” Goldman Sachs Seminar, September 2012

“Form PF,” Credit Suisse Seminar, June 2012

“Sea Changes at Hedge Funds,” MetCircle Meeting, June 2012

“Form PF: A Roundtable Discussion for $5B+ Hedge Fund Managers,” SRZ Conference, June 2012

“Form PF: Inside and Out,” MFA Seminar, April 2012

“Form PF,” MFA Quarterly Investor Relations and Business Development Forum, February 2012

“Form PF,” Credit Suisse Seminar, February 2012

“Form PF Workshop,” SRZ 21st Annual Private Investment Funds Seminar, January 2012

“Dodd-Frank Regulatory Reporting: A Practical Discussion on the Impact of Implementation of Form PF,” KPMG Alternative Investment Webcast, November 2011

“Proposed Form PF,” Goldman Sachs Prime Brokerage Regulatory Reporting Overview, October 2011

“Practical Implementation of FINRA Rule 5131 — Insights from Morgan Stanley Fund Services and Schulte Roth and Zabel,” Morgan Stanley Webinar, September 2011

“Demystifying Dodd-Frank's Impact on the Hedge Fund Industry,” FRA Hedge Fund Accounting, Auditing and Administration Forum, July 2011

Goldman Sachs SEC/CFTC Proposed Form PF and CPO/CTA Exemptions Teleconference, February 2011

“Structuring and Restructuring Your Management Company,” SRZ 20th Annual Private Investment Funds Seminar, January 2011

KB Associates Blue Skies or Green Hills: Cayman or Ireland?, December 2010

“The Upcoming Spring Registration with the SEC for Hedge Funds,” HFCFO General Membership Meeting — Southern Connecticut Chapter, October 2010

“Performance Advertising: Protecting Your Firm in a Competitive Marketing Environment,” SRZ Investment Management Alumni Roundtable Series, July 2010

“Current and Expected Changes in the Investment Management Business,” SRZ Greenwich Breakfast Briefing, June 2010

“Distressed Investing: Deal Structuring,” SRZ 19th Annual Private Investment Funds Seminar, January 2010

“LLCs as Investment Vehicles/Joint Venture Vehicles,” NYSBA Dealing with LLC Formation and Operating Issues, December 2009

Distinctions

  • Chambers USA
  • IFLR1000 – Rising Star (Investment Funds)
  • The Legal 500 US
  • New York Super Lawyers — Rising Star (2014-2016)

Prior Experience

  • Cravath, Swaine & Moore