Kristine M. Koren

An authority in her field, Kristine co-authors the leading treatise on private funds, Private Equity Funds: Business Structure and Operations. Her practice focuses on the formation of domestic and offshore funds such as leveraged buyout, credit, infrastructure, real estate, mezzanine, special opportunities, venture and hedge funds, as well as customized, hybrid structures that combine features of traditional private equity and hedge funds. Kristine also advises on the acquisition and sale of asset management businesses and the organization, capitalization and restructuring of domestic and global investment management platforms. Her work in this area encompasses established private equity firms that need to be restructured to address succession, governance or ownership issues, as well as first-generation investment management firms being launched by individuals, traditional financial institutions or family offices. She also counsels individual asset managers in negotiating and documenting their compensation arrangements.

In addition to her work in the investment management sectors, Kristine regularly counsels multinational services firms regarding structural and operational enhancements to mitigate business enterprise risk. A native speaker of both Spanish and English, Kristine applies her comparative law background on a variety of international cross-border merger, acquisition and joint venture transactions. She has worked closely with fund, banking, accounting and valuation firms to design and launch global legal entity structures. In conjunction with local counsel, she has structured investment joint ventures throughout Europe, Asia and Latin America.

Kristine served for three consecutive terms as co-chair of the NY State Bar’s private funds group and has been recognized for her commitment to pro bono work.

Experience*

• Advised on the formation of a $12 billion hedge fund with structured side pockets for various real estate strategies
• Advised on the recapitalization of a $25 billion hybrid private equity and hedge platform
• Advised on the formation of a $5 billion leveraged buyout fund managed by a joint venture
• Advised on the concerted deployment of $35 billion across a global managed account program
• Advised on the formation of various $100 million to $500 million strategy-specific or regional funds
• Advised on the formation of a $700 million managed account with a co-investment strategy
• Advised on the formation of various “funds of one” and managed accounts, including a $1.5 billion managed account with a hybrid hedge and private equity strategy
• Advised on the formation of a $6.25 billion hybrid hedge and private equity fund featuring classes of hedge interests with market liquidity and classes of private equity interests with a 10-year commitment period, each with rolling admissions
• Advised on the formation of a $100 million corporate venture capital fund
• Advised on the formation of a $350 million infrastructure fund with an option to convert to a listed company
• Advised on compliance with various aspects of the Dodd-Frank Act, the JOBS Act, the US Investment Advisers Act, the US Investment Company Act and the rules and regulations of FINRA.
• Advised on the recapitalization of a global services firm operating in the U.S., Europe, Asia and Latin America, including the restructuring of its global incentive compensation program
• Advised on the acquisition of a$100 billion investment management firm

Prior to joining Weil, Kristine was a partner at another international law firm.

Kristine received her J.D.-LL.M., cum laude, from Cornell Law School and her A.B., magna cum laude, from Harvard University.

*Matters noted above include those handled prior to joining Weil.