New York, April 29, 2013 - Kramer Levin Naftalis & Frankel LLP today launched www.PublicAlternativeFunds.com, a new microsite that will provide a broad range of news and legal analysis regarding public alternative funds. The free site will offer, among other things, recent public alternative fund filings with links to those filings, compilations of recent media coverage, regulatory guidelines, sample mutual fund launch timelines and legal analysis of relevant issues. “We believe this will be a valuable resource to anybody participating in or monitoring the alternative funds market,” said George Silfen, a Financial Services Group partner at Kramer Levin and one of the nation’s leading advisors for public alternative funds. “As we see rapid growth and evolution in alternative funds, the time is right for a one-stop information source.” Citing industry research firms, the new site provides predictions for the growth of the industry, stating that public alternative funds, which comprise about 3 percent of the mutual fund market now, could jump to more than 15 percent of the market in 10 years. Driving the growth is an increased demand from investors for access to alternative products.
Joining Silfen in the creation and maintenance of the site are Ronald Feiman, a partner in Kramer Levin’s Financial Services Group, and Kramer Levin associates Jacqueline Edwards, Mark Parise and Patrick Sheridan. Kramer Levin’s Financial Services Group is highly regarded for its ability to address the complex issues that face mutual funds, closed-end funds, business development companies, fund advisers, and independent directors of funds. The group ranks in the top tier for mutual funds law both in New York and nationally according to the 2012-2013 U.S. News & World Report and Best Lawyers' Best Law Firms survey.
Kramer Levin Naftalis & Frankel LLP is a premier, full-service law firm with offices in New York, Silicon Valley and Paris. Firm lawyers are leading practitioners in their respective fields. The firm represents Global 1000 and emerging growth companies, institutions and individuals, across a broad range of industries. For more information, please visit www.kramerlevin.com.