As an of Counsel to the firm, Mr. Riveles provides specialized representation to the alternative investment community including hedge funds, off-shore funds, investment advisers, venture capital and private equity funds, broker dealers and general securities corporate law. He began his practice in the corporate department of Day Pitney working on M&A and corporate governance matters and later joined Tannenbaum & Helpern in New York City to assist the firm with private placement and hedge fund formation work. Mr. Riveles has extensive experience in all aspects of the fund formation process, both on and offshore, investment adviser, broker-dealer and commodity pool operator registration and compliance, private placements and venture capital financing. In particular, Mr. Riveles provides counsel in connection with matters including the following:
- Formation and structuring of domestic investment vehicles of all types, including limited partnerships, limited liability companies, corporations and joint ventures.
- Formation of offshore investment vehicles in a variety of forms and jurisdictions, including both privately held and publicly traded vehicles
- Organization and representation of a wide spectrum of investment funds – including hedge funds, funds of funds, offshore funds, insurance-dedicated funds, private equity funds, and venture capital funds – including structuring matters, preparation of organizational and offering documents, and related compliance matters.
- Employment of various organizational structures and arrangements – including stand-alone funds, side-by-side funds, master-feeder structures, hybrid master-feeder structures, multiple strategy/portfolio structures, leveraged fund structures, and side pockets.
- Advice to managers in distress situations, including use of such techniques as redemption suspensions, gates, payments-in-kind and restructurings, including creditors’ rights and insolvency implications.
- Preparation of SEC Form D and blue state filings
- SEC and state investment adviser registration of firms managing investment funds, as well as separate account assets. Ongoing compliance matters. Compliance reviews. Preparation for regulatory examinations. Interaction with federal and state regulators.
- Representation of hedge fund marketers and consultants, including SEC and state broker-dealer compliance matters. Interaction with federal and state regulators, as well as FINRA.
- Commodity pool operator and commodity trading adviser registration and applications for exemptive relief. Ongoing compliance matters and reviews. Preparation for regulatory examinations and interaction with regulators.
- Federal and state tax matters affecting investment funds generally.
- Merger and acquisition transactions involving investment advisers and broker-dealers, including negotiation of terms, preparation of documentation, and related regulatory issues.
- Seed capital and funding transactions and arrangements for investment advisers and broker-dealers.
Education: University of Connecticut Law School (J.D., 1999, with honors), Kalamazoo College (B.A. 1995)
