Adam Tope provides investment fund sponsors, investors, and principals with creative, commercial, and realistic advice throughout the fund formation life cycle. Adam brings a global perspective to his clients, having represented managers and investors in dozens of jurisdictions.
Adam's sponsor-side clients regularly include prominent private equity and hedge fund managers, middle-market managers, and start-up managers/spin-outs. Adam advises these clients with entity formation, introductions to service providers, discussions with placement agents, drafting of offering memorandums, negotiations with investors, assistance with Investment Advisers Act and Investment Company Act compliance, and ongoing operational fund advice.
Adam's investor-side clients include family offices, fund-of-funds, endowments, sovereign wealth funds, and royal families. Adam has represented these investors in hundreds of transactions in nearly every jurisdiction and in nearly every type of fund. These transactions include investments into private equity funds, hedge funds, venture capital funds, fund of funds, and hybrid funds. This work also includes representing investors in complicated secondary transactions, managed accounts, co-investments, funds of ones, joint ventures, and other bespoke alternatives transactions.
Adam also regularly represents fund principals with respect to the negotiation of their employment arrangements with funds. Adam has a deep understanding of how principal compensation is structured and can guide principals with the negotiation of vesting arrangements, key person/for cause removal rights, and rights to carried interest/promote.
Outside of the investment funds universe, Adam is a former serial entrepreneur, having served as the president and CEO of a technology incubator that was ranked as one of the 500 largest online companies. Adam brings his unique perspective as an entrepreneur to start-up clients and venture-backed organizations.
