Lawyers & Professionals

Firm Overview

Instead of trying to be everything to everybody, we’ve made a name for ourselves by delivering what our clients need most: in-depth, hands-on legal counsel throughout the financial services sector — and beyond.

Get to know us

Firm News

There’s a lot going on at Schulte — we’re wrapping up high-profile matters, welcoming talented new lawyers, speaking on issues that affect our clients, and more.

Read all about it

Pro Bono

Throughout our history, Schulte has provided comprehensive pro bono services to local and national nonprofit organizations. Today, we serve more than 50 nonprofits and work to advance a variety of social justice causes.

Learn more

Diversity, Equity and Inclusion

Inside the firm, we work hard to attract diverse, talented lawyers and encourage their career growth and advancement. And outside the office, we’re active in volunteer drives and local initiatives that support underrepresented groups.

See what we’re up to


Firm connections that last a lifetime. The Schulte Alumni Network is a lifelong community spanning roles, practices, and offices.

Learn more

Social Responsibility

We take doing “good work” seriously — whether we’re talking about our high ethical standards or the way in which we foster a positive and inclusive culture for our personnel and support local communities.

See how we work


  • New York

    • 919 Third Avenue
    • New York, NY 10022
    • United States of America
      • +1 212.756.2000 Phone
      • +1 212.593.5955 Fax
  • Washington, DC

    • 555 13th Street, NW, Suite 6W
    • Washington, DC 20004
    • United States of America
      • +1 202.729.7470 Phone
      • +1 202.730.4520 Fax
  • London

    • One Eagle Place
    • London SW1Y 6AF
    • United Kingdom
      • +44 (0) 20 7081 8000 Phone
      • +44 (0) 20 7081 8010 Fax
We’ve rebranded!
Visit our homepage to see the new brand in action.

UK managers (“UK AIFMs”) that currently market their funds in Europe under the national private placement regimes implementing Article 36 of the Alternative Investment Fund Managers Directive (“AIFMD”) should be aware that their existing marketing notifications will lapse on 1 Jan. 2021.

Following the end of the Brexit transition period, the UK will be considered a “third-country” for the purposes of AIFMD and Article 36 will no longer apply. Instead, UK AIFMs will need to rely on the local regimes established under Article 42 of AIFMD to market their funds, as third-country AIFMs.

Subject to the necessary cooperation agreements being in place between the FCA and the relevant EEA member state regulators (which is expected to be the case following the end of the Brexit transition period), UK AIFMs will be required to make separate notifications under Article 42 in each relevant country if they wish to continue marketing their funds. UK AIFMs should be able to market in the same jurisdictions under Article 42, as currently under Article 36.

As third-country managers, UK AIFMs will also be required to submit Annex IV transparency reports on a country-by-country basis to the relevant member state regulators (in addition to continuing with their AIF001/002 reporting to the FCA).

UK AIFMs that wish to continue marketing their funds after 1 Jan. 2021 should prepare and submit their Article 42 notifications in the relevant EEA countries as soon as possible. No notifications are required if the UK AIFM no longer wishes to market its funds.

Authored by Anna Maleva-Otto, Christopher Hilditch and Olivia Cork.

If you have any questions concerning this Alert, please contact your attorney at Schulte Roth & Zabel or one of the authors.

This communication is issued by Schulte Roth & Zabel LLP and Schulte Roth & Zabel International LLP for informational purposes only and does not constitute legal advice or establish an attorney-client relationship. In some jurisdictions, this publication may be considered attorney advertising. ©2020 Schulte Roth & Zabel LLP and Schulte Roth & Zabel International LLP.

All rights reserved. SCHULTE ROTH & ZABEL is the registered trademark of Schulte Roth & Zabel LLP.