Laurel FitzPatrick

Practice Areas

Laurel FitzPatrick is a partner in the asset management group and serves as leader of the firm’s hedge funds and credit funds teams. Laurel has extensive experience structuring and advising a wide range of credit, hedge and other private funds, including domestic and offshore vehicles. Recent credit fund formations include direct lending funds employing a variety of evergreen, treaty and rated notes structures, as well as traditional closed end credit funds, funds focused on tradeable or distressed credit and CLO equity funds compliant with EU risk retention rules. On the hedge fund side, recent fund formations include funds employing alternative multi-year incentive fee arrangements and innovative hybrid vehicles as well as more traditional hedge fund structures. In addition to fund formation, Laurel assists clients in creating profit-sharing and other compensation structures which provide appropriate incentives and succession strategies.

A former partner at Tiger Management, LLC, a registered adviser and hedge fund group, Laurel brings practical in-house experience to bear in her work with clients. Laurel works with clients on a wide range of issues including trade structuring and compliance, meeting with regulators on behalf of clients, assisting with regulatory audits, obtaining exemptive and no-action relief from the SEC and helping develop compliance and internal control procedures. She also assists clients in restructuring their funds when necessary and helps them develop legal and risk management policies with respect to prime brokers and other counterparties.

Laurel’s leadership and expertise in her field have been recognized not only by her clients but through her inclusion in Chambers Band 1, Chambers Global, Legal 500, IFLR and Crain's New York, among others.