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Kleinberg Kaplan Recognized in Chambers High Net Worth 2023

New York, July 20, 2023 — Premier boutique law firm Kleinberg Kaplan announced that it has been recognized by Chambers High Net Worth 2023 as a leading firm. The firm was included in the “Private Wealth Law: Mid-Market – New York” category. For decades, Kleinberg Kaplan has been guiding high net worth individuals—and their families and businesses—as they navigate the…

Firm News | July 20, 2023 | Business Succession Planning | Estate Planning and Administration | Planning for Fund Managers | Tax Controversy

SEC Adopts Final Rules Intended to Prevent Fraud and Undue Influence in connection with Security-Based Swaps

On June 7, 2023, the Securities and Exchange Commission (the “SEC”) adopted two new rules (the “Rules”) targeting (i) fraud, manipulation and deception in security-based swap transactions, including a new prohibition on manipulation or attempted manipulation of the value of security-based swaps or payments or deliveries thereunder, and (ii) the potential for undue influence over…

Client Alerts | July 13, 2023 | Derivatives | Securities and Corporate Finance

Kleinberg Kaplan’s Private Funds & Investment Management and M&A Groups Recognized in 33rd Edition of IFLR1000

The 33rd edition of IFLR1000 named Kleinberg Kaplan among the leading U.S. law firms providing exceptional service across 170 national jurisdictions for Hedge Funds and M&A. Ranked as a Tier 3 law firm for Investment Funds: Hedge Funds in the United States and as an Other Notable Law Firm for its M&A practice, Kleinberg Kaplan is one…

Firm News | July 13, 2023 | Hedge Funds | Mergers & Acquisitions

Kleinberg Kaplan Partner Christian Gloger and Associate Mike Yi Published in Westlaw Today

A recent client alert written by Kleinberg Kaplan partner Christian Gloger and associate Mike Yi was republished by Westlaw Today. The article, “Private Credit Funds – Structures and Recent Trends,” compares closed-end and open-end credit fund terms and structuring alternatives, as well as overall credit fund space developments. The article was included as part of Westlaw’s June…

Firm News | July 5, 2023 | Hedge Funds | Private Equity Funds

Private Credit Funds – Structures and Recent Trends

In recent years, the alternative investment space has grown in size and significance as a result of a period of low interest rates, favorable monetary policy and financial conditions. The hunt for yield and diversification provided further comfort to institutional investors seeking to gain exposure to this burgeoning industry. In particular, buyout1 and infrastructure2 focused…

Client Alerts | June 22, 2023 | Hedge Funds | Private Equity Funds

Kleinberg Kaplan’s Jared Gianatasio quoted in Bloomberg Law on the SEC’s Lawsuits against Binance and Coinbase

Kleinberg Kaplan partner Jared Gianatasio was quoted in Bloomberg Law article, “Lawyers Cash In on Binance, Coinbase ‘Ultimate Fight’ With SEC.” The article covers the legal teams representing both Binance and Coinbase and what lies ahead for the firms and crypto industry at-large as the alleged securities law violations are addressed. In the article, Jared…

Firm News | June 15, 2023 | Digital Assets and Cryptocurrency

Kleinberg Kaplan Recognized in Latest Edition of The Legal 500: United States

Premier boutique law firm Kleinberg Kaplan was recognized in the latest edition of The Legal 500: United States for its Hedge Funds and Investor Activism practices. The Hedge Funds practice was praised for its “thorough and practical advice, efficiency in getting projects done, and competitive rates.” As one client stated, “KKWC has been demonstrating an outstanding ability to…

Firm News | June 14, 2023 | Hedge Funds | Investor Activism

Private Fund Managers Must Prepare For Greater Scrutiny and Transparency Regarding Affiliated Service Provider Arrangements

Proposed SEC Rule and Examination Priorities Target “Problematic Compensation Schemes” and “Opaque Reporting Practices” Private fund managers – especially managers of real estate, private equity, and private credit funds – have increasingly used affiliated service providers to perform various tasks for their funds or portfolio companies. Such tasks include asset-level due diligence, loan servicing, property…

Client Alerts | June 13, 2023 | Hedge Funds | Private Equity Funds