Acting as lead counsel during establishment of second PE fund to invest in hedge fund interests.
Brook Bay Capital is a London-based alternative investment manager, established to pursue opportunities in the hedge fund secondary market.
Brook Bay sought to establish a closed-ended fund which targets opportunities in the secondaries market, focusing in particular on illiquid hedge fund interests. This is the second of Brook Bay’s funds with this market focus.
MJ Hudson acted as lead counsel on the establishment of the fund, providing onshore and offshore legal advice to the client. The fund is targeting up to $75 million of commitments. MJ Hudson continues to provide advice to Brook Bay in respect of the ongoing operation of the fund, together with various ancillary matters.
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