Tim Silva has more than 25 years' experience providing strategic advice and guidance to firms in the asset management industry, including investment advisers, private fund managers and their principals. He is chair of the firm's Investment Management Practice.

Mr. Silva's practice covers a wide range of matters across the asset management industry, including strategic advice on key business and regulatory matters, structuring and organizing new products, seed capital arrangements, joint ventures, distribution arrangements and compliance matters. In addition, Mr. Silva's practice includes advising clients on mergers and acquisitions in the investment management industry. Mr. Silva also has experience in advising registered investment companies and their boards, and he regularly advises traditional operating companies on investment company status matters.

Recent highlights include the following:

• Ongoing regulatory and compliance counsel to institutional and private fund managers, including long-only, fixed income, long-short equity, quantitative, emerging/frontier markets, credit/distressed credit, venture capital, growth equity and fund-of-funds.
• Counsel to quantitative hedge fund in connection with significant seed capital transaction from family office and launch of fund structure.
• Counsel to credit-oriented hedge fund manager in connection with its bankruptcy, restructuring and regulatory matters relating to its funds and management entities.
• Counsel to newly established venture capital firm in connection with recent successful launch of early and growth-stage funds.
• Counsel to investment firm specializing in sports and entertainment investments in connection with the establishment and launch of special purpose vehicles and pooled investment vehicles.
• Counsel to a biotech/healthcare-focused investment advisory firm in connection with the structuring and launch of funds that focus on late-stage private investments.
• Counsel to the investment banking division of a financial institution in connection with the structuring and formation of an investment adviser and commodity pool operator that utilizes proprietary index-based strategies, including establishment of compliance program and product structuring and formation.
• Lead transactional counsel to a large financial institution on two significant transactions: (1) the sale of its hedge fund-of-funds business to a global investment management firm, and (2) the sale of its private equity fund-of- funds business to a major mutual fund company.
• Regulatory counsel to an institutional quantitative investment adviser on its sale to a global investment management firm.
• Counsel to several investment advisers and hedge fund managers in connection with recent SEC examinations.