Barry Breen has joined the London office of international law firm Sidley Austin from competitor Tannenbaum Helpern Syracuse & Hirschtritt as counsel in the investment funds, advisers and derivatives practice, focusing on hedge funds.
Breen will advise clients on the establishment of offshore and onshore hedge funds, including master/feeder, fund of funds and side by side investment structures, commodity pools, registered funds of funds and mutual funds, exchange-traded funds, and the registration, regulation and governance of investment management companies.
He was previously in the financial services, hedge funds and capital markets practice at Tannenbaum Helpern, operating out of the firm's New York and London offices.
Breen has been involved in transactions including the structuring and drafting of documents related to the creation and listing on the American Stock Exchange of an ETF commodity pool, the creation and structuring of two private equity vehicles investing in infrastructure and green projects in India and Brazil, and the creation of a private 130/30 investment vehicle with a large institutional seed investor and distributor.
He joins recent hires Bruce Gardner and David Hinds in Sidley's London funds practice. Gardner joined as a partner in April in Sidley's investment funds, advisers and derivatives practice, advising on the structure and operation of hedge funds and other alternative investment products.
Hinds joined as a partner in February in the tax practice, focusing on investment fund work.
He advises on tax matters relating to fund formation and fund related transactions, as well as on matters relating to corporate transactions.
'Barry is a talented and experienced hedge fund lawyer and we are pleased to have him join us to enhance our growing fund capabilities in Europe,' says Gardner, head of the hedge fund practice in London.
The investment funds, advisers and derivatives practice group consists of more than 100 lawyers in Chicago, Hong Kong, London, Los Angeles, New York, San Francisco, Singapore and Tokyo. Sidley Austin has a total of more than 1,800 lawyers practising in 16 US and international cities, also including Beijing, Brussels, Frankfurt, Geneva, Hong Kong, Shanghai and Sydney.