Akin is pleased to announce that Max Karpel has joined the firm as a partner in its market-leading investment management practice in the New York office. Previously, Karpel was chair of Lowenstein Sandler’s emerging managers practice and co-chair of its family office practice.
Karpel’s advice is sought by emerging and established investment managers for guidance in the formation and structuring of hedge funds and the full range of private investment fund vehicles. With 20 years of experience advising hedge fund managers, his practice extends across asset classes and internationally. Having previously served as a COO and in-house counsel at a family office, Max also advises prominent family offices on a wide range of matters – ranging from reviewing their investments in private funds to structuring philanthropic initiatives and negotiating major charitable gifts. A significant part of his practice involves negotiating seed deals and side letters. In addition, Karpel has an extensive track record of advising Israeli private funds and is a co-founder of Israel’s industry association for hedge fund managers.
This move not only bolsters the firm’s investment management practice, it aligns with Akin’s strategy of deepening its focus on representing emerging hedge fund managers.
As stated by Akin chairperson Kim Koopersmith, “We see a significant opportunity in growing our hedge fund practice. Max has guided his clients through numerous market cycles and is a terrific addition to our top-tier investment management practice. It’s a pleasure to have him on board.”
“Max has developed a top-of-market hedge fund practice representing emerging and established hedge fund managers in launching new funds,” said Barbara Niederkofler, co-leader of Akin’s investment management practice.
“The integration of Max into our New York team bolsters the capabilities of our global practice, reinforcing our presence in key markets and regions, including New York, Dallas, London, Abu Dhabi, Singapore and Washington, D.C.,” said Daniel Quinn, co-leader of Akin’s investment management practice.
Speaking of his move to the firm, Karpel said, “Akin’s global reach, along with its first-rate investment management practice, make this the ideal firm from which to serve hedge fund clients and represent the next generation of emerging fund managers on all aspects of launching their investment management businesses.”
Source: www.akingump.com