Corporate partner in the Private Investment Funds practice group of Paul Hastings and is based in the firm’s New York office.
Josh Sternoff is a Corporate partner in the Private Investment Funds practice group of Paul Hastings and is based in the firm’s New York office. His practice includes representation of private fund sponsors and investors in all aspects of the structuring, documentation, offering, negotiation, and operation of private investment funds, including real estate and private equity funds making investments, conducting operations, and raising capital on a global basis.
Mr. Sternoff also has extensive experience assisting investment managers and institutional investors with separate account arrangements, “fund-of-one” structures, investment management agreements, club arrangements, and co-investment programs. He also represents institutional fund sponsors in connection with joint ventures and mergers and acquisitions involving private funds and fund management teams and other corporate transactions in the investment management industry, as well as newly formed fund sponsors in connection with all elements of the establishment of their investment funds’ platform.
Mr. Sternoff’s fund sponsor clients include large financial institutions as well as entrepreneurial participants in the private funds industry, and he regularly counsels such clients on carried interest and co-investment arrangements in connection with the establishment of private investment funds.