06/10/2021 | Press release | Distributed by Public on 06/10/2021 15:45
Akin Gump investment management partner Brian Daly, who joined the firm in April (learn more here), was interviewed by Hedge Fund Law Report on his move to Akin Gump, his practice and his views on the hedge funds market in the U.S. and globally.
Discussing his practice at the firm, Daly said that it will 'continue to be focused on delivering what's now global regulatory solutions to large, high-profile clients across the world. That global element of the practice is something that is becoming essential - certainly for larger managers but even for smaller ones. He noted that some clients have told him that they can no longer think of regulatory problems in terms of a single regulator, but, instead, need to think globally and need their counsel to act globally. He added, 'Obviously, Akin Gump has resources across the globe in the funds and regulatory spaces.'
Daly, who has academic and professional experience in Asia, said, regarding funds in the region, 'It's not accurate to say that the private funds space in Asia is maturing anymore - it has matured. There are a number of large managers over there and launches coming out of Asia that quickly ramp up to the $1 billion mark. You have managers in Asia that are attracting capital from the traditional U.S. allocators, as well as allocators in Asia that are allocating to Asian managers and, of course, to U.S.- and European-based managers.' He added that it is an exciting time to be working with clients in Asia.
Among other interview highlights:
To read the full interview, click here.