Press Release November 29, 2016

Alston & Bird Grows Investment Management Practice with New Partner in New York

Alston & Bird has expanded its investment management capabilities with the addition of Michael Saarinen as partner in the firm’s Financial Services & Products GroupInvestment Management, Trading & Markets Practice. He joins from Goodwin Procter LLP and will be based in New York.

“Mike is a talented lawyer and a rising star, and we are delighted to welcome him to our team,” said Tim Selby, Alston & Bird partner and head of the firm’s Investment Management, Trading & Markets Practice. “He adds significant depth to our practice and has broad experience advising clients as they look to a future of both growth and significant structural change brought about by the increasing maturity of the industry’s infrastructure, regulatory environment and investor relationships.”

Saarinen represents a wide range of private fund sponsors – from small, closely held start-up asset management businesses to global financial institutions. He advises on the domestic and international aspects of fund development, formation, marketing and operations across many types of funds, including private equity funds, hedge funds, venture capital funds, growth equity funds and other innovative investment products. He also counsels clients on regulatory and compliance issues, compensation arrangements, strategic transactions and governance.

“Adding a lawyer of Mike’s caliber in New York has been a strategic priority for us,” said Jamie Hutchinson, partner-in-charge of Alston & Bird’s New York office. “His knowledge of the industry’s intricacies and complexities and his strong standing in the funds community make him an excellent fit as we continue to grow our reputation in the investment management space.”

In 2015, Saarinen was honored by Private Funds Management as one of the world’s top 30 private funds lawyers under the age of 40 and highlighted as “a fund formation lawyer to watch in the coming years.” He also has been recognized by The Legal 500 United States.

A frequent writer and speaker on industry developments, Saarinen has been quoted extensively in industry news outlets such as Private Funds Management, Private Equity International and Hedge Fund Legal & Compliance Digest. He also contributed a chapter on private equity co-investing to The International Comparative Guide to Alternative Investment Funds 2016. In addition, Saarinen is a member of the Managed Funds Association Outside Counsel Forum, New York Hedge Fund Roundtable and New York State Bar Association Private Investment Funds Subcommittee.

Earlier in his career, Saarinen was an attorney at Skadden, Arps, Slate, Meagher & Flom LLP and served as general counsel and chief compliance officer of SECOR Asset Management, LP.
Media Contact
Nicholas Clarke
Senior Communications Manager
Phone: 212.210.1222

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