Derek N. Steingarten

Transactional

• Represented a multinational private and alternative assets investor in the sale of two asset management units to a subsidiary of a financial holding company.
• Represented a global wealth manager in a negotiated acquisition of a diversified asset management and fund advisory business.
• Represented a tech-enabled wealth management firm that specializes in custom direct indexing solutions for financial advisers in its sale to a global asset manager.
• Represented a leading independent wealth manager in the U.S. aspects of its negotiated sale agreement to a Canadian multinational investment bank and financial services company.
• Represented a private company that invests in independent wealth management firms in its acquisition of the cross-border wealth advisory business of a Canadian-U.S. wealth management company.
• Represented a multibillion-dollar private equity sponsor in its structuring and initial registered investment advisor (RIA) acquisition transaction.
• Represented one of Canada's leading investment research and consulting firms in its acquisition of a financial advisory firm.
• Represented an American financial planning and investment advisory firm in its acquisition and integration of various businesses with multibillion-dollar AUM businesses with complex client account, fund, and ETF relationships.

Funds

• Represented many leading sponsors over multiple years in forming open-end and closed-end funds that pursue illiquid strategies, including onshore and offshore structures that invest globally in traditional securities and non-traditional assets.
• Represented significant institutional investors in negotiating fund investments, SMAs and funds of one, seed deals, co-investment vehicles, and other strategic relationships for U.S. and offshore private and registered funds.

Derek Steingarten brings 25 years of experience advising registered and private fund sponsors and institutional money managers across a wide range of investment products and business models. His practice spans the formation, capital raising, marketing, and ongoing regulatory compliance of investment advisers and funds, including hedge, private equity and private credit funds, SMAs, funds of funds, sub-advised funds, bank collective funds, mutual funds, ETFs, and other registered vehicles, such as interval funds and BDCs. He advises clients at all stages of the fund and business lifecycle, tailoring his counsel to evolving regulatory and commercial needs.

Derek regularly advises U.S. and non-U.S. clients on the cross-border impact of U.S. federal securities laws. He is a trusted resource on regulatory, governance, and transactional matters under the Investment Advisers Act of 1940 and Investment Company Act of 1940, including counseling on SEC fund and adviser registration, examinations, investigations, enforcement matters, and related disputes. Asset managers engage Derek as a hands-on partner in wealth management and asset management transactions, including acquisitions, lift outs, strategic combinations, and restructurings.

Derek is recognized in Chambers’ recent legal ranking guides including Chambers Global 2026 and Chambers USA 2025 - Nationwide, with clients noting that he “offers quality business-oriented counsel and unfailing responsiveness” and that he is “thoughtful and clear in his advice.”

Bar Admissions

• Massachusetts
• New York

Education

• University of Ottawa (LL.B.)
• McGill University (B.A.)