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
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
Don’t Stay Away too Long – Revised Guidance Published for Issuers Relying on the Offering Memorandum Prospectus Exemption
On March 8, 2023, staff of the Canadian Securities Administrators (other than Ontario), published revised Multilateral CSA Staff Notice 45-309 (the Notice), first published in 2012, which provides guidance for preparing and filing an offering memorandum (an OM) under...
Eat, Beach, Sleep, Repeat – New SRO Compliance Priorities Report Repeats Importance of Conflict Documentation
On March 20, 2023, the New Self-Regulatory Organization of Canada (New SRO) published its New SRO Compliance Priorities Report for 2022/2023: Helping Firms with Compliance. The report highlights what the New SRO believes are issues and challenges faced by the...
Title Protection Frameworks Ramp Up – No Time for a Breather
As summarized way back in our August, 2021 bulletin, the Financial and Consumer Services Commission of New Brunswick (FCNB) has previously consulted on a framework for the protection of titles used by financial professionals in that province. That consultation ended...