Sarah R. Davidoff is a partner in the firm’s asset management practice and a co-head of Ropes & Gray’s Client Program. The world’s largest and best-known hedge funds turn to Sarah Davidoff for proactive and strategic counseling on issues relating to the formation, structure and operation of their funds. Sarah is also at the forefront of advising clients on novel hybrid funds that investment firms are increasingly launching that invest in both liquid and illiquid assets.
She has carved out a niche developing first-of-their-kind funds for clients focused on investing in cryptocurrencies. She designs and implements these bespoke investment vehicles, while also navigating the complex, evolving, and often competing regulatory and compliance environment.
Additionally, she has experience with spinouts, reorganizations, asset management M&A transactions, seed arrangements, high net worth access products, structuring internal compensation programs, designing bespoke and hybrid investment vehicles, and launching innovative fund products. Sarah regularly advises clients at the forefront of the constantly evolving regulatory and compliance landscape, is a frequent speaker at conferences, forums and other seminars in the private funds industry, and has contributed to a number of well-known legal publications.
Sarah has received numerous awards and recognition throughout her career for her work on hedge fund and other private investment funds, including being ranked as a leading practitioner in Chambers USA, Chambers Global, Legal 500, Who’s Who Legal and The Best Lawyers in American, among many others. She regularly receives feedback from clients and industry commentators, such as Chambers USA noting that "she delivers nuanced, commercially relevant guidance."
Sarah represents some of the world’s most prominent alternative asset managers. Sarah’s recent significant matters include:
- Advising Dragoneer Investment Group on ongoing issues related to its hybrid hedge fund, private equity funds, investment and co-investment activities, and various tax and compliance matters.
- Representing a $9 billion asset management firm in a wide range of matters including: guiding its regulatory initiatives, seed investments, asset management M&A transactions, and completing a large secondary sales process, among others.
- Representing one of the world’s largest asset managers in connection with the full range of hedge fund and private investment fund matters in various jurisdictions worldwide, both in relation to new and existing investments.
- Representing the seed investors of one of the first hedge funds to invest in a digital currency on all aspects of the fund’s formation and launch, including structuring the fund to address a range of complex and unique tax, regulatory, licensing and other legal issues.