Comprehensive Hedge Fund Formation
Fund Structure & Formation
We help emerging fund managers establish hedge funds across a variety of investment strategies—from plain vanilla long-short equity funds to complex structures incorporating side pockets for illiquid assets, or funds investing in CFTC-regulated derivatives requiring CPO registration. We draft all core fund documents (PPM, LPA, subscription agreements), handle regulatory filings (Form D, Form ADV), and provide ongoing compliance support.
Regulatory & Compliance Expertise
We handle Form D filings for the fund and Form ADV for ERA registration if your state requires it. We provide ongoing compliance support including annual updates, material change filings, and guidance on state-specific requirements for New York, California, and other jurisdictions.
Key Features & Benefits
Flexible Structures
- Delaware onshore structures
- Master-feeder arrangements
- Side pocket structures
Regulatory Compliance
- Form D and Form ADV filings
- State-specific requirements
- Ongoing compliance support
Investment Strategies
- Long-short equity funds
- Derivatives and CFTC registration
- Illiquid asset side pockets
Scope of Work
Fund Documents
- Private Placement Memorandum
- Subscription Agreement
- Limited Partnership Agreement
- Investment Management Agreement
- Operating Agreement for GP
Entity Formation
- Fund Entity (DE)
- General Partner Entity
- Investment Manager Entity (if applicable)
- Delaware Registered Agent
- EINs
Regulatory Filings
- Form D
- Form ADV (if applicable)
- Offshore (Cayman / BVI) (if applicable)
Form and register the Cayman or BVI master or feeder, secure registered office/agent, prepare core constitutional documents, and coordinate with offshore counsel on all local filings, approvals, and government fees.
Fund Structure Options
Depending on your investors' domicile, we can set up a master-feeder structure with BVI, Cayman, or Luxembourg feeders for non-U.S. investors.
Timeline
Delaware Only Fund
Formation to first closing generally takes about four weeks, assuming you and your investors stay on task.
Offshore Feeder Required
Where a Cayman or BVI feeder is required, the process typically extends to six to eight weeks.
Pricing
Our Fees
for Delaware hedge fund formation
Big Law Firms
for comparable services
Ready to Start Your Hedge Fund?
Our experienced team is ready to help you structure and launch your hedge fund with comprehensive legal support.