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Private Funds Guidance — Considerations During Volatile Markets for Hedge Funds and Credit, Direct Lending and Distressed Funds (COVID-19)
March 16, 2020
As COVID-19, oil price movements and other geopolitical factors continue to roil the financial markets, there are steps that all investment managers can and should take to mitigate legal risks for themselves and their investors. In addition, there are specific challenges and opportunities for managers of hedge funds and credit, direct lending and distressed funds. In this note, we highlight some of the most relevant considerations.
Please see our other Schulte Roth & Zabel Alerts relevant to Investment Managers posted on our COVID-19 Resource Center, available here.
This SRZ publication was principally authored by Stephanie R. Breslow, Josh Dambacher, Jennifer M. Dunn, David J. Efron, Christopher Hilditch, Daniel F. Hunter, Peter G. Naismith, David Nissenbaum, Daniel V. Oshinsky and Craig Stein with thoughtful input from many of their colleagues in the SRZ COVID-19 Working Group.
If you have any questions concerning this publication, 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.
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