Investment Management
Schulte’s core client base is investment fund managers who invest private capital. Since our founding in 1969, we have been an early mover and recognized global leader in the field of private investment funds.
Our clients are among the best and brightest investors in the alternative investment fund industry, and we have built our practice with the goal of meeting their expectations. Our role is most often not only as fund counsel, but as outside general counsel to many aspects of our client's businesses. We are experienced in virtually every legal and regulatory aspect of the alternative investment management business.
Representations
- Advised Avala Global on the formation of its alternative asset management business and the launch of its crossover fund complex. This included structuring funds to invest in both public equities and private investments with a focus on the TMT sector.
As part of the launch, Schulte assisted Avala Global in implementing an innovative “cross-over” structure to manage the different liquidity needs of the public and private portions of the fund’s portfolio, and negotiating fund documents with large institutional investors and allocators.
Avala Global was founded by Divya Nettimi (who previously worked at Viking Global Investors and Goldman Sachs Investment Partners), and the launch was one of the largest of a woman-led firm in the hedge fund industry. - Represented MGG Investment Group on the formation and launch of MGG Special Opportunities Fund.
Schulte has represented MGG in the formation and launch of all of its funds since inception. MGG manages various closed end and open end funds established in various jurisdictions, including US, Canada, Cayman Islands and Luxembourg. With more $5 billion in AUM, MGG Investment Group provides flexible capital solutions to middle-market companies across all industries.
- Advised SurgoCap Partners in connection with the largest female-led hedge fund launch in the industry’s history, including parent-level, fund-level and regulatory complexities for Surgo’s management company and fund launch, as well as its SEC registration.
Led by Mala Gaonkar, the fund primarily uses data science to invest in liquid and illiquid assets around the theme of how technology can enhance other sectors such as financials, industrials, health care and enterprise data. - Advised ClearAlpha Technologies in the launch of its business. A multi-manager, multi-strategy asset manager founded by Brian Hurst and Elisha Wiesel, ClearAlpha focuses on niche alpha strategies.
- Advising Pantera Capital on their full suite of investment funds focused on crypto currency and blockchain venture technology. Pantera is one of the first institutional asset managers focused exclusively on blockchain technology, with products focused on liquid tokens, early-stage tokens and blockchain venture investments.
Schulte structured a unique hybrid portfolio model for Pantera Blockchain Fund LP to provide investors the ability to make a single allocation and receive Pantera-managed exposure to multiple areas of the blockchain and digital asset markets. Most recently, Schulte advised Pantera on expanding the structure of the Blockchain Fund family to accommodate both onshore and offshore investors with varying investment requirements and restrictions.
- Advised Avala Global on the formation of its alternative asset management business and the launch of its crossover fund complex. This included structuring funds to invest in both public equities and private investments with a focus on the TMT sector.
