The United States Corporate Transparency Act (the “CTA”) was passed by the United States Congress in early 2023 to improve financial transparency and increase the effectiveness of anti-money laundering efforts. However, the CTA will also impose several obligations on millions of entities (each, a “Reporting Company”), including private fund advisers and the private funds they advise (subject to certain exceptions as outlined below) to continuously report certain “beneficial ownership information” (such information, “BOI”, and the reports containing the BOI, the “Reports”) with the United State ..read more

Riveles Wahab, a leading New York-based boutique law firm for investment management and  private funds has been recognised in several categories in alternative investment industry data and analytics provider Preqin’s Service Providers in Alternatives 2023 Report. The report is a comprehensive review of the alternative investment fund industry’s service provider community, covering fund administrators, placement agents, auditors, custodians and law firms. Riveles Wahab features in the top five law firms in the following categories: Prominent law firms in fund formation servicin ..read more

On August 23, 2023, the U.S. Securities and Exchange Commission (“SEC”) implemented heavily anticipated private fund reforms (the “Private Funds Rules” or the “Rules”) promulgated under the Investment Advisers Act of 1940, as amended (the “Advisers Act”). Although the Rules are far less “mandate-driven” than those originally proposed in February 2022, the Rules nevertheless impose significant disclosure (and in some cases, operational) requirements that all private fund advisers (“Fund Managers” or “Managers”) should consider when forming new funds or similar pools of assets (each, a “Fund” an ..read more

Introduction In the past 18 months the NFT phenomenon has fully entered the public consciousness.  And like any new blockchain phenomenon, the immediate questions range from is this “legal” to how do we raise money with it?  As a securities firm, our focus is often on the use of blockchain for fundraising activities and when, why, and how those activities may be governed by extant legal frameworks such as the Securities Act of 1933.  As a reminder, a security has significant regulatory and other compliance requirements that can affect fundraising activities across the abord and ..read more

On August 26, 2020, the Securities and Exchange Commission (the SEC) adopted amendments to the definition of an “accredited investor” under Rule 501(a) of Regulation D under the Securities Act of 1933 (the “Amendments”). The Amendments become effective 60 days after they are published in the Federal Register and expand the pool of individuals and entities that qualify as accredited investors to include the following: Qualifying Security Industry Credentials Individuals with certain professional certifications, designations or other credentials that are in good standing will now also qualify as ac ..read more

When you’re beginning to form a venture capital fund, you will want the expertise of Riveles Law Group in New York by your side. We have experience in providing comprehensive legal counsel to those seeking to form venture capital funds. We represent venture funds focuses on start-up technology in 3D printing, mobile apps, digital marketing, robotics, health tech, and even artificial intelligence, to name a few industries. At Riveles Law Group, our team is skilled in assisting funds across these industries when they’re forming, structuring or just doing overall ongoing operations. Our attorney ..read more

When it comes to investments, we at the Riveles Law Group can offer expert legal counsel to those interested in learning more about how to start a real estate fund. These real estate funds are used to diversify one’s long-term investment portfolio in New York. A real estate fund is a type of mutual fund that focuses on investing directly in securities that are offered by public real estate companies. Most of these real estate funds are invested in either corporate or commercial properties, while some may be with apartment complexes, raw land or agriculture space. This type of fund invests in p ..read more

At the Riveles Law Group, we have experience in forming private equity funds with various investment strategies in New York. Whether start-up technology, renewable energy, real estate, oil and gas, or debt financing; our private equity fund law firm can work with managerial staff to develop these structures. During the development stage, we take into account various things such as securities laws, cross-border investment issues, tax issues, and investment objectives. Our legal experience includes knowing how to negotiate all parts of fund formation and professional legal advice in the long ter ..read more

As a hedge fund attorney group, Riveles Law Group has years of experience counseling managerial staff in all parts of fund formation or structuring as well as compliance requirements. Our attorneys are committed to helping our clients to launch their businesses as well as to navigate the ever-changing landscape. We represent a large range of hedge funds with assets from 1 million and beyond while using strategies that include Forex, futures, long or short equity, complex option spreads, long-term value investing, fund of fund, tax liens, and much more. How We Can Help You To avoid the high cos ..read more

While hedge funds have been a popular choice for those not looking for much risk in terms of investing, the newest investment option is known as a crypto hedge fund. A hedge fund is a way for a person to invest a large group of securities which is managed by expert investors. At this time, there are two different types of cryptocurrency hedge funds: those that manage portfolios with just cryptocurrency and those that have added this cryptocurrency to their mix. Riveles Law Group can help give expert legal advice to clients on how to start a crypto hedge fund in New York. Benefits of Crypto Hed ..read more