Drew G.L. Chapman is the chair of the Alternative Asset Management practice group of DLA Piper LLP (US).

Mr. Chapman focuses his practice on the alternative investment industry, representing some of the world's largest and best-known hedge funds, private equity funds, broker-dealers, asset management firms, and service providers to the hedge fund market in their corporate needs. In particular, Mr. Chapman has extensive experience in complex fund formation and structures, regulatory and compliance matters, and in assisting asset management firms, particularly those with transaction-oriented strategies such as multi-strategy, activist, emerging market and distressed debt in executing their investment strategies. He also has significant experience with fund structures in the international and cross-border context, as well as representing funds with an international investment strategy focus.

Given the unique structural and regulatory environment applicable to the alternative asset management industry, the combination of Mr. Chapman's transactional background with his deep knowledge of structural, regulatory and compliance issues enables him to provide holistic advice to alternative asset managers on their transactional and other investment needs. He has significant experience representing hedge funds in transactional activities, including the disposition of illiquid assets when a fund becomes distressed (and faces investor lawsuits), advising funds through work-outs with investors in the face of liquidity issues, the investment by financial institutions in the management entities of hedge fund groups, the restructuring of fund groups, and private equity transactions.

Mr. Chapman also represents companies in a variety of industries in financial and strategic transactions, including debt and equity offerings, mergers and acquisitions, joint ventures, and other general commercial matters, many of which have an international or cross-border component.

In 2007, Investment Dealers' Digest named Mr. Chapman to its 40 Under 40 list, which highlights deal makers who, "in a relatively short amount of time...have become stars, or rising stars, in the capital markets and related sectors" and are "among the brightest, hardest-working people in the financial arena."

He is a seasoned presenter at industry conferences and seminars, speaking on a broad range of topics, most notably on hedge funds, and his commentary has been published in leading news publications.

Admissions

• New York

Publications

• “Goldstein: A Hero or a Fool,” HedgeWorld News (November 6, 2006)
• “The Pension Protection Act – A Boon for Hedge Funds,” Private Investment Forum, Fourth Quarter (2006)
• “Wooing Pension Funds? Beware the Pitfalls of ERISA,” Private Investment Forum, Fourth Quarter (2004)
• “The Side-by-Side vs. Master-Feeder Structure,” Private Investment Forum, Fourth Quarter (2003)
• “Fairness Opinions – Can They be Made Useful?” in full and condensed versions in Andrews Merger & Acquisitions Litigation Reporter, Vol. 13, Issue 12 (July 2003), BNA Securities Regulation and Law Report, Vol. 35, No. 46 (November 24, 2003), and BNA Corporate Counsel Weekly, Vol. 18, No. 45 (November 11, 2003)
• "Proposed New Custody Rules for Registered Investment Advisers," Private Investment Forum, Third Quarter (2002)

Prior Experience

• Sonnenschein Nath & Rosenthal LLP, Chairman, Fund Services Group