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

Bulletin | Winter is Here Edition | November 2021

In this bulletin: Ontario’s New Draft Capital Markets Act – Topics of Interest to Registrants Déjà vu – Titles, Titles and More Titles – Proposed Amendments to Draft FSRA Guidance In Brief: FSRA Consults on Consumer Advisory Panel ▪ Independent Evaluation of OBSI ▪...

Ontario’s New Draft Capital Markets Act – Topics of Interest to Registrants

In the previous issue of our bulletin, we provided a high level report on the new draft Capital Markets Act (Act) released by the Ontario Ministry of Finance (Finance) on October 12, 2021. In this issue, we highlight some of the provisions of the Act, together with...

Independent Evaluation of OBSI

Professor Poonam Puri has been appointed by the board of The Ombudsman for Banking Services and Investments (OBSI) to undertake an independent evaluation of OBSI’s operations. As the evaluation includes input from stakeholders, two requests for comment have been...