Advising fund sponsors and institutional investors across the full spectrum of investment management services.
Norm Law's Investment Funds practice advises fund sponsors and institutional investors across the full spectrum of investment management services. Because we represent clients across the sell side and buy side of the private fund space, we have a practical understanding and real world insight into the market standard, including market trends and developments. That breadth, combined with our agentic workflows, enables us to efficiently give advice that is both legally sound and grounded commercially. Our attorneys bring substantial experience representing established platforms, emerging managers and seasoned institutional investors, with integrated counsel across tax, regulatory, and compliance matters at every stage of the fund lifecycle.
Capabilities
- Private equity, private credit, venture capital, real estate, and infrastructure fund formation
- Investor representation across private equity, hedge, infrastructure, venture capital, real estate and other private fund strategies, including investment in private funds, passive co-investments and continuation vehicles
- Separately managed accounts and co-investment vehicle formation
- Managing and automating LP interest transfers
- Side letter negotiation and related investor relations matters
- Tax, structuring considerations
Practice Leadership
Advising fund sponsors and institutional investors across the full spectrum of investment management services.
Norm Law's Investment Funds practice advises fund sponsors and institutional investors across the full spectrum of investment management services. Because we represent clients across the sell side and buy side of the private fund space, we have a practical understanding and real world insight into the market standard, including market trends and developments. That breadth, combined with our agentic workflows, enables us to efficiently give advice that is both legally sound and grounded commercially. Our attorneys bring substantial experience representing established platforms, emerging managers and seasoned institutional investors, with integrated counsel across tax, regulatory, and compliance matters at every stage of the fund lifecycle.
Capabilities
- Private equity, private credit, venture capital, real estate, and infrastructure fund formation
- Investor representation across private equity, hedge, infrastructure, venture capital, real estate and other private fund strategies, including investment in private funds, passive co-investments and continuation vehicles
- Separately managed accounts and co-investment vehicle formation
- Managing and automating LP interest transfers
- Side letter negotiation and related investor relations matters
- Tax, structuring considerations
Practice Leadership
Guiding investment managers, financial institutions, and market participants through a complex and rapidly shifting regulatory environment.
Norm Law's Investment Adviser Regulation & Compliance practice guides investment managers, financial institutions, and market participants through a complex and rapidly shifting regulatory environment. The practice advises across the Investment Advisers Act, Investment Company Act, Securities Act, and Exchange Act, with particular depth in adviser registration and compliance program development, SEC examinations and enforcement, FINRA matters, and state-level regulatory requirements. Our attorneys bring direct experience with agency interpretations and market practice, and are regularly called upon to counsel clients on both day-to-day compliance and high-stakes regulatory events.
Capabilities
- Investment adviser registration, exemptions, and ongoing compliance programs
- SEC examination preparation, response, and management
- SEC and FINRA enforcement defense and investigations
- Investment Company Act status analysis and registered fund structuring
- Compliance program design, review, and testing
- Marketing rule and advertising compliance
- Form ADV, Form PF, and regulatory filing preparation
- State securities registration and regulatory matters
- Cross-border regulatory matters and non-U.S. manager registration
Practice Leadership
Norm Law's Emerging Companies and Venture Capital practice represents venture capital funds and high-growth companies across the investment lifecycle.
Norm Law acts as both investor counsel and company counsel across seed rounds, priced equity financings, convertible instruments, and growth deals. Every aspect of the practice was built to move at the speed venture moves, with AI agents handling the routine work so a financing advances on the deal's timeline, not the firm's. Norm Law builds relationships that last across deals. For companies, that means one team from incorporation through each round and on to an exit. For funds, it means support across the full investment cycle, from putting capital into new deals to tracking rights across an existing portfolio. Equity financing-specific AI agents makes continuity practical at scale. These agents are embedded throughout the financing, facilitating document generation, revisions, diligence processes and output, and closing checklists, while our lawyers focus on structure, negotiation, risk and problem-solving. A first-time founder raising a SAFE gets the same senior attention and speed as a lead investor pricing a Series C, and in both cases the documents are built with the specific context of the deal and client, so founders can get back to building and investors can spend their time helping the company grow.
Capabilities
- Establishing new companies, founder equity, IP assignments, and the early structure a company needs
- Investor-side and company-side representation in Series Seed through Series E and later rounds
- Convertible note and SAFE financings including pre-round and bridge capital
- Corporate governance, including board and stockholder matters, fiduciary duties, and governance work
- Portfolio company exits and acquisitions
- Venture fund formation, sponsor advice, and supporting ongoing operations
- Creation of investor playbooks and other operational guidance
- Monitoring rights, obligations, board seats, and other entitlements across a portfolio
Practice Leadership
Full-lifecycle representation for private equity sponsors, portfolio companies, and management teams.
Norm Law's private equity team advises leading private equity sponsors, portfolio companies and management teams on some of their most complex and strategically important matters. Our lawyers bring deep experience across industries, geographies and deal structures, with the commercial judgment and execution capabilities that sophisticated private equity clients demand.
Capabilities
- Growth-equity transactions
- Strategic minority investments, including GP stakes
- Co-investments and consortium arrangements
- Portfolio company M&A
- Shareholder and governance arrangements
Practice Leadership
Representing real estate portfolio companies, investment banks, insurance companies and other institutional investors in all aspects of real estate transactions.
The Real Estate practice at Norm Law represents real estate portfolio companies, investment banks, insurance companies and other institutional investors in all aspects of real estate transactions, from the drafting and negotiation of transaction documents to performing a full range of diligence on every type of complex commercial real estate asset. Norm Law’s real estate professionals have a wealth of experience in real estate acquisitions and sales, joint ventures, leasing and real estate financings of every type—permanent mortgage loans (including CMBS) and mezzanine loans, construction loans, bridge loans and preferred equity transactions.
Capabilities
- Purchase and Sale Agreements and related transaction documents for acquisitions and dispositions
- Mortgage and Mezzanine Loan Agreements, security documents, guarantees and intercreditor agreements
- Joint Venture, partnership and other co-investment agreements
- Every type of commercial lease transaction—office, retail, shopping center, medical office, industrial and data center leases
- Ground Leases and build-to-suit development agreements
- Hotel management and franchise agreements
- Multi-family residential developments and financings, including affordable housing
Practice Leadership
Advising on formation, registration, compliance, and governance of registered investment companies, investment advisers and independent directors.
Norm Law's investment company lawyers bring decades of experience representing registered investment companies, their investment advisers, independent directors and service providers across all aspects of their operations. Norm Law’s work spans traditional open-end funds, closed-end funds, exchange-traded funds, interval funds, money market funds, crypto-related funds and alternative investment funds, among others. We advise them on formation, compliance, governance, reorganizations and proxies and we regularly counsel funds and their advisers on innovative structures and strategies. Our team guides funds through a wide range of regulatory matters, including exemptive applications, no-action letters and examinations.
Capabilities
- Mutual fund and ETF formation and registration
- Closed-end fund and interval fund structuring
- Investment Company Act compliance programs
- Fund board governance and independent director support
- Investment advisory and sub-advisory agreements
- Fund merger, reorganization, and liquidation
- Distribution and shareholder servicing arrangements
- Proxy statement and shareholder communication preparation
- SEC examination preparation and response
Practice Leadership
Advising fund sponsors, marquee investors, and portfolio companies on the full spectrum of transactional tax matters across the asset management lifecycle.
Highly experienced transactional tax counsel for fund sponsors, marquee investors and portfolio companies. Norm Law’s tax team advises clients on the tax structuring of their most significant transactions, throughout the asset management life cycle, from manager and/or fund launches, platform acquisitions, joint ventures, investment and/or portfolio company acquisition, holding and exit. Our lawyers work hand-in-hand with the firm’s corporate, private equity and finance teams, bringing deep technical experience in respect of U.S. federal tax matters, including cross-border aspects of the same, together with the commercial judgment and responsiveness that complex, time-sensitive deals require.
Capabilities
- Fund formation and sponsor-side structuring, including sponsor entity set-up
- Fund investments, including financial products and portfolio companies, inbound and outbound investment structuring
- Marquee LP representation
- Joint ventures, co-investments, and minority investment structuring
- M&A transactions
- Financing, including securitization structures
Practice Leadership
Norm Law's Technology Transactions practice represents technology companies, acquirers, and investors across the full lifecycle of their technology and IP investments and transactions.
Norm Law's Technology Transactions group represents public and private companies across many technology industry verticals in strategic and commercial transactions that help clients build and protect enterprise value. Our attorneys structure, draft, and negotiate a broad range of commercial and technology-focused agreements relating to the development, acquisition, use, sale, or commercialization of products, services, and technology. Our attorneys also represent investors and acquirers in equity investments, mergers and acquisitions, and other strategic corporate transactions involving intellectual property assets, technology, or critical commercial arrangements. We bring deep market and domain experience to every transaction to help clients achieve critical business objectives.
Capabilities
- AI and machine learning agreements, including issues relating to model licensing, training data rights, AI vendor terms, allocation of IP in outputs, indemnity and governance
- API, SDK, and integration related agreements
- Data licensing, data sharing, and privacy-driven terms (e.g., DPAs, cross-border transfer, security addenda)
- Distribution and sales channel agreements (e.g., reseller, referral, value-added reseller, original equipment manufacturer, white-label, sales representative, and affiliate linking agreements)
- IP and technology aspects of M&A, financings, and carve-outs (e.g., due diligence, commercial and IP-related representations, warranties, and covenants, transition services agreements, IP transfer and licensing arrangements, and long-term commercial arrangements ancillary to M&A transactions)
- Manufacture and supply agreements
- Open source software licensing, risk assessments, and compliance
- Professional services and consulting agreements
- SaaS, cloud, and hosted services agreements, including related order forms, support, and service level agreements and terms
- Software license agreements, including source code escrow agreements, enterprise agreements, end user licenses, and inbound software licenses
- Technology development and collaboration agreements
- Among many other agreements typically handled by in-house legal teams
Norm Law advises borrowers and financing sources on the structuring, negotiation and documentation of the market’s most sophisticated and innovative financing solutions.
We represent clients active in a broad spectrum of financing transactions. Having extensive experience advising borrowers, capital providers and arrangers on the structuring, negotiation and documentation of the market’s most sophisticated and innovative financing solutions across capital structures and industries, our integrated team has a deep and practical understanding and real world insight into the market standard, trends and developments. That breadth, combined with our agentic workflows, enables us to efficiently give advice that is both legally sound and grounded commercially. Our attorneys bring substantial experience representing leading financial sponsors, asset managers, banks, credit funds and other capital providers, with integrated counsel across tax, regulatory, and compliance matters idiosyncratic to the parties, the type of transaction and market environment at the relevant time.
Capabilities
- Acquisition and other Event-Driven financing: Advising borrowers, lenders and arrangers on acquisition and event-driven financings, including add-ons, recapitalizations, special situations and secured/unsecured senior and junior credit facilities.
- Structuring, negotiating and documenting fund finance transactions across subscription, NAV, hybrid, GP/ManCo credit facilities and secondary financings for diverse fund structures and asset classes.