Real Estate, Alternative & Offshore Investment Funds

John G. Balboni Partner (617) 338-2438 vCard
Susan M. Barnard Partner (617) 338-2473 vCard
Ashley H. Brooks Partner (617) 338-2412 vCard
Aidan F. Browne Partner (617) 338-2996 vCard
Darwin L. Conner Partner (212) 660-3045 vCard
Simon Cook Partner +44 (0)20 7448 1002 vCard
Christopher C. Curtis Partner (617) 338-2839 vCard
Joseph Philip Forte Partner (212) 660-3077 vCard
David A. Guadagnoli Partner (617) 338-2938 vCard
Brian E. Hammell Partner (617) 338-2462 vCard
John Hunt Partner (617) 338-2961 vCard
Ameek Ashok Ponda Partner (617) 338-2443 vCard
Nicole Rives Partner (617) 338-2433 vCard
Barbara J. Shachnow Partner (212) 660-3079 vCard
Amy E. Sheridan Partner (617) 338-2897 vCard
Douglas S. Stransky Partner (617) 338-2437 vCard
Joel S. Telpner Partner (212) 660-3015 vCard
Geoffrey L. Wynne Partner +44 (0)20 7448 1001 vCard
Amy A. Zuccarello Partner (617) 338-2988 vCard

Globe with Europe focus

Sullivan & Worcester has provided legal advice to some of the world's most sophisticated sponsors of alternative investment funds, including real estate funds, hedge funds, unregistered commodity pools, private equity funds, and offshore funds (including funds subject to the EU's UCITs and AIFM directives), and bank-related common and collective investment funds.

We have assisted clients in all areas of fund formation, including the selection of fund domicile and type of entity, taking into consideration investment strategy, distribution strategy, tax matters, and the location of portfolio investments. We have helped clients coordinate product disclosure in multiple jurisdictions to ensure consistent messaging. We also have assisted clients reorganizing their current stables of funds to satisfy the demands of distribution platforms both in and outside the United States.

Our private real estate funds practice is one of the most sophisticated in the U.S., and it complements our extensive and nationally recognized real estate investment trust (REIT) practice. Many of the real estate funds that we have formed have been offered around the world to many of the most experienced institutional investors.

In addition to our advice on regulatory matters, we have provided sponsors of alternative investment funds with advice on ERISA and tax matters, including international tax matters.

Representative Client Work

  • Launch of a "mini-master" hedge fund/Cayman fund for a large investment manager and its principal sub-adviser
  • Launch of a $60 million private real estate fund investing in a New Orleans hotel redevelopment project
  • Launch of a $350 million private real estate fund investing in a joint venture with a global investment firm
  • Launch of several mid-sized private equity funds
  • Launch of seven funds-of-private equity funds
  • Launch of an open-end timber/agriculture private fund offered to U.S. and E.U. investors
  • Launch of a multi-investment timber fund offered to Canadian and UK institutional investors
  • Launch of a traditional master-feeder commodity pool/Cayman master fund/Cayman feeder offered to U.S., European and Asian investors
  • Launch of a U.S. private timber fund for a non-U.S. sponsor, including the sale of carbon credits
  • Launch of a private crypto-currency fund
  • Financing for a Russian-based carbon marketing and trading hedge fund designed to acquire, originate, and trade carbon credits in the European Union-Emissions Trading Scheme