21 Sep 2010
Sidley Austin has announced that Mark Whatley and David Tang will be joining the firm later this month as partners in the hedge fund practice in its San Francisco office. Whatley and Tang have extensive experience representing hedge funds and other investment clients, and will focus on fund formation and maintenance, and investment adviser formation, regulation and compliance.
Whatley concentrates his practice on securities regulation and transactional and business counseling matters, with a particular focus on investment management and broker-dealer regulation. His practice emphasizes organizing and advising managers and sponsors of various pooled investment funds such as hedge funds, offshore investment companies and private equity funds. It also includes counseling on internal and regulatory investigations, reorganizations and a broad range of transactions.
Tang focuses his practice on securities regulation, private investment fund formation, mergers and acquisitions and public and private debt and equity offerings. Tang regularly advises clients on securities law compliance matters arising in connection with fund formation and fund investment activities, as well as on structural and economic considerations arising in connection with fund and fund management company formation. He also represents clients in negotiated transactions, including portfolio company investments, fund investor side letters and “seed” investments, investment management agreements, acquisitions and dispositions and other strategic transactions.
“We are extremely pleased to have such talented lawyers as Mark and David joining us,” said Sharon Flanagan, managing partner of Sidley’s San Francisco office. “Their practices are an excellent fit and have strong synergies with our growing practices in San Francisco and Palo Alto.”
Michael Schmidtberger, a global coordinator of Sidley’s investment funds, advisers and derivatives practice and a member of Sidley’s Management Committee, added, “Mark and David are highly respected and experienced lawyers who will provide a great addition to the hedge and other investment fund services we offer clients throughout the world.”
Whatley concentrates his practice on securities regulation and transactional and business counseling matters, with a particular focus on investment management and broker-dealer regulation. His practice emphasizes organizing and advising managers and sponsors of various pooled investment funds such as hedge funds, offshore investment companies and private equity funds. It also includes counseling on internal and regulatory investigations, reorganizations and a broad range of transactions.
Tang focuses his practice on securities regulation, private investment fund formation, mergers and acquisitions and public and private debt and equity offerings. Tang regularly advises clients on securities law compliance matters arising in connection with fund formation and fund investment activities, as well as on structural and economic considerations arising in connection with fund and fund management company formation. He also represents clients in negotiated transactions, including portfolio company investments, fund investor side letters and “seed” investments, investment management agreements, acquisitions and dispositions and other strategic transactions.
“Sidley has a premier investment funds practice and its global platform, resources and strength across the full spectrum of investment funds are very attractive qualities for us,” Whatley said. “David and I are looking forward to helping Sidley further expand its prominent investment fund practice.”
