As head of the firm’s private funds practice, Cheri Hoff focuses on providing advice to private investment funds, investors and advisers. She forms and represents private funds, including hedge funds, private equity funds, funds of funds and hybrid funds, with diverse strategies and structures, handling a variety of regulatory and transactional matters, as well as providing operational, restructuring and related advice. She advises registered investment advisers regarding compliance with the Dodd-Frank Act and the Investment Advisers Act and on SEC and state registration and exemptions.
Cheri also creates, implements and audits compliance policies and procedures. She is active in asset management mergers and acquisitions and has provided advice on a variety of transactions, including acquisitions, divestitures, majority and minority stake investments and lift-out of management teams. Cheri provides regulatory advice to clients during regulatory investigations and supports Bracewell’s white collar and enforcement practice on SEC related matters. She routinely speaks to fund principals and employees on topics such as insider trading and cybersecurity.
Recent Notable Matters
Sponsor — in the formation of private equity funds that acquire and develop investment opportunities in the North American and European power and energy infrastructure markets
Sponsor — in the formation of a hedge fund that pursues a strategy focused on identifying and investing in global opportunities primarily within fixed income securities and credit instruments
Sponsor — in the formation of a hedge fund that pursues a strategy focused primarily on the equity, debt and related derivative securities of companies in the energy and natural resources sectors
Sponsor — in formation of a hedge fund that invests in global opportunities in fixed income securities and credit instruments
Sponsor — in the formation of a real estate development fund that develops real estate opportunities in the Dallas, Texas area
Sponsor — in the formation of a hedge fund that pursues a strategy of investing in bank and financial institution securities
Sponsor — in forming funds in a master-feeder hedge fund structure that maintain a portfolio consisting of securities of companies based in Latin America
Sponsor — in forming a commodity pool that participates in various financial markets regulated by the Federal Energy Commission in the Public Utility Commission of Texas
Investor — in a private equity fund that invests in liquidations, litigation finance and special situations
Sponsor — in the formation of a hedge fund that invests in equity-linked securities
Sponsor — in the formation of a private equity fund focused on pharmaceutical product development
Sponsor — in the formation of a private fund focused on investments in limited partnership units of MLPs and other securities
Sponsor — in the formation of funds in a master-feeder hedge fund structure that employs a quantitative macro strategy that allocates capital exclusively to equities within the S&P 500 13
Private equity advisor — on compliance issues related to advising power and infrastructure funds
Asset manager — in connection with its portfolio of real property development assets in compliance-related matters
SEC registered advisors — managing private equity and hedge funds focused on distressed and special situations tied to the municipal market in compliance-related matters
Asset manager — that advises private funds investing in middle-market distressed, catalyst-driven and capital structure arbitrage strategies in compliance-related matters
Asset manager — that manages more than $5.5 billion in assets under management in private equity funds in upstream oil and gas business investments in compliance-related matters
Investment advisors — managing more than $700 million in assets in alternative investments in compliance-related matters
Asset manager — that manages investments in various strategies including U.S. equities, international equities, balanced equities and master limited partnerships in compliance-related matters
Investment advisor — that manages hedge funds and separately managed accounts that generally employ a credit-related investment strategy and exceed $2 billion in assets under management in compliance-related matters
Management team — in a spin out from a significant asset management firm
Investor — in connection with its potential investment as a minority limited partner in a partnership formed for developing, leasing, operating and ultimately disposing of residential projects throughout the U.S.
Asset manager — in the acquisition of a large SEC-registered investment advisor focused on sourcing and managing real estate and related equity, debt and hybrid investments
Alternative capital provider — to real estate developments, middle-market companies and high net worth families in compliance-related matters
Publications and Speeches
“OCIE Releases Cybersecurity Risk Alert,” Corporate Compliance Insights, October 2,2017
Cybersecurity Roundtable, New York, New York, April 20, 2017
“SEC Releases 2017 Examination Priorities,” Corporate Compliance Insights, February 1, 2017
“Inside The SEC’s New Rule On Form ADV Disclosures,” Law360, October 7, 2016.
“New York DFS Announces New Proposed Cybersecurity Regulations,” Corporate Compliance, September 30, 2016.
“New Biz Continuity Obligations For Investment Advisers,” Law360, August 17, 2016.
“Women in Finance,” Texas Wall Street Women, Houston, Texas, July 17, 2014.
“A New SEC – And New Direction?” Dallas, Texas, May 29, 2013.
“The Importance of International Insolvency Laws in Living Wills Under Dodd-Frank,” Thomson Reuters, February 22, 2012.