Debevoise & Plimpton LLP announces that Vadim Avdeychik has joined its New York office as partner in the Investment Management Group, bolstering the firm’s capabilities in the registered and retail funds space. In his new role, Mr. Avdeychik will advise clients in the investment management space primarily on regulatory and transactional matters related to registered and retail fund offerings.
Mr. Avdeychik brings to the firm substantial experience spanning the formation and operation of registered funds, business development companies and other innovative products designed for high net worth and retail investors. He also has deep experience advising fund sponsors and fund boards of directors on complex fund regulatory issues, investment company status issues, fund governance and complex asset management M&A transactions involving the purchase and sale of advisory businesses, joint ventures and strategic investments. Mr. Avdeychik regularly counsels clients on a variety of investment products including open-end and closed-end funds, exchange-traded funds, tender offer funds and interval funds.
Presiding Partner Peter Furci said, “Vadim’s arrival enhances our investment management service offering and will enable our market leading funds team to continue providing our clients with innovative and sophisticated advice as fund structures evolve at a rapid pace. Vadim is a recognized thought leader in the registered funds space, and we are excited to offer our clients the benefit of his expert counsel.”
Global Chair of the Investment Management Group Rebecca Silberstein added: “As our global funds practice continues to achieve record-breaking growth, our clients’ needs have become increasingly diverse, including an amplified focus on registered fund products and other vehicles formed to access retail markets. We welcome Vadim as we continue to meet increasing client demand and look forward to working together to support the continued evolution of our clients’ capital raising activities and platforms.”
“Debevoise’s preeminent global funds practice, with its deep understanding of the market and its uniquely collaborative bench, provides the perfect platform for my clients given the booming growth in private wealth channels seeking access to private capital solutions. I look forward to expanding the firm’s offering of sophisticated product development and execution in the registered and retail funds space,” Mr. Avdeychik said.
Prior to joining Debevoise, Mr. Avdeychik was a partner in the New York office of another international law firm. He received his J.D. from Hofstra Law School in 2007 and his B.A. from St. John’s University in 2004 and holds an LL.M. in Securities and Financial Regulation from Georgetown University Law Center. Mr. Avdeychik is the current Chair of the New York City Bar Committee on Investment Management.
Debevoise is a recognized leader in the private funds industry, having advised sponsors of, or investors in, more than 3,600 private investment funds with committed capital of well over $5.8 trillion. Guided by a driving commitment to client service, the firm’s Investment Management Group advises a global roster of fund sponsors and institutional investors across all major investment strategies, covering organization and economic arrangements for sponsors, fund formation, downstream transactions, exits, firm and fund restructurings, investor-side work, secondaries and wind downs. The team’s collaborative approach engages the firm’s entire range of talent and capabilities, creating a significant competitive advantage in anticipating and responding to market forces.