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Alternative Market Briefing

Simmons & Simmons launches legal platform for emerging hedge fund managers

Thursday, June 18, 2015

Benedicte Gravrand, Opalesque Geneva for New Managers:

International law firm Simmons & Simmons has launched a dedicated online resource for start-up hedge fund managers, called LaunchPlus.

LaunchPlus is hosted on the firm’s online services platform elexica and includes:

• Online resources to use during the manager’s start-up phase (including quick guides on critical start-up issues such as seeding and prime brokerage); • Tools to plan the start-up process; • Access to industry contacts such as offshore directors, compliance consultants and administrators.

The brainchild of asset management and investment funds partner Devarshi Saksena, LaunchPlus is set to go live after 18 months of development, reports Legal Business. The legal guide is split into four sections: get started, launch, operate and grow. The "get started" phase will be available for free, helping hedge fund start-ups avoid a barrage of legal fees before they've even opened for business. The other sections will only be avail......................

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