Investment Funds

Comprehensive legal and regulatory advice for fund managers, portfolio managers, and investors

The business of establishing and running investment funds has become increasingly complex. Our experienced investment funds lawyers and law clerks can advise you in connection with starting or acquiring an asset management business, conducting due diligence on investment managers or opportunities, and selecting, structuring and implementing public or private investment vehicles.

 

Our clients manage and invest through various pooled vehicles including prospectus-exempt pooled funds, mutual funds including alternative mutual funds, segregated accounts, private equity and venture capital funds, closed-end funds, real estate investment trusts (REITs), mortgage investment corporations (MICs), mortgage investment funds, and syndicated mortgage investments.

We can also prepare offering documents (such as term sheets, offering memoranda and prospectuses), subscription agreements, and investment management agreements, as well as prepare and submit filings to regulators.

AUM Law also provides practical and flexible ongoing legal and regulatory counsel to portfolio managers and investors on the issues that arise during the course of their business, including:

  • Assisting clients in conducting due diligence and responding to due diligence inquiries
  • Material changes to investment funds
  • Independent review committee setup and support
  • Exemptive relief applications
  • Acquisitions of other businesses
  • Restructurings and mergers
  • Updates and amendments to offering documents
  • Review of service provider agreements

Our Approach

AUM Law offers practical, cost-effective legal and regulatory compliance advice from a team that prioritizes your business and understands your industry. We focus on the Canadian asset management sector, and we have deep expertise in the legal and regulatory issues relevant to firms operating in Canada’s exempt and public capital markets.

Our team-based approach, fixed-fee compliance support plans, extensive experience engaging with securities regulators, and connections with other service providers in this industry will help you navigate the evolving securities regulatory environment with confidence so that you can focus on what you do best.

Investment Funds Group Insights

No Interference – IIROC Sets Priorities for 2023

As we reported in our May 2022 Bulletin, the Canadian Securities Administrators (CSA) are consulting on the application to consolidate the Investment Industry Regulatory Organization of Canada (IIROC) with the Mutual Fund Dealers Association of Canada (MFDA) by the...

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Got Game? Independent Evaluation of OBSI Released

On June 13, 2022, the Independent Evaluation of the Ombudsman for Banking Services and Investments (OBSI) [investments mandate] was released. In accordance with its Terms of Reference and a Memorandum of Understanding between the Canadian Securities Administrators...

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