Sidley’s investment funds practice has consistently been recognized as the preeminent practice in the United States and Asia, with a strong presence in Europe as well, and our tax practice in that area reflects the firm’s depth and breadth. A substantial component of our tax practice involves the tax issues arising in connection with investment funds, including hedge funds, regulated investment companies, real estate funds and investment trusts, infrastructure funds, and insurance-linked securities funds. We have extensive experience in the tax issues affecting the funds’ managers and advisors and their employees. We assist numerous clients with forming and operating hedge funds, fund-of-funds, commodities pools, venture capital and private equity funds.