Bingham

Bingham

Richard A. Goldman

Partner

Rich Goldman represents U.S. and international hedge funds and funds of funds, advising them on a broad range of issues, including formation and structure, strategic and seed capital arrangements, succession planning, marketing and solicitation arrangements, separately managed accounts, and all types of trading and operational issues. Rich also represents private equity managers in the formation of their funds and related matters.

He regularly advises clients on registration as investment advisers with the SEC, regulatory reporting and compliance matters, equity swaps and other derivatives, and private placements of securities. Rich also advises endowments and other institutional investors in connection with structuring and negotiating their investments in private funds.

Rich is the founder of the Boston Hedge Fund Group, an organization for chief financial officers, chief operating officers, general counsel and other senior legal, accounting and compliance professionals involved with hedge funds in the greater Boston area. He is ranked by Chambers USA, the leading publisher of business law guides as a leading attorney in the hedge funds industry on the State (Massachusetts), national and global basis. Rich is also a lecturer at Boston University’s Morin Center for Banking and Financial Law, teaching a course on hedge funds in the LL.M. program.

Before joining Bingham from another law firm in Boston, Rich was general counsel and chief operating officer at Kobrick Capital Management LP and Kobrick Funds LLC, hedge and mutual fund firms, respectively.

Experience

  • Established numerous master-feeder and side-by-side structures in various jurisdictions focused on investing in a wide range of strategies, including long-short equity, fixed income, high-yield, distressed securities, arbitrage, loan origination, global macro, emerging market and micro-finance
  • Structured and negotiated numerous seed capital investments, including for a significant institutional investor
  • Established private equity funds focused on investing in private companies and in RMBS, as well as to co-invest with hedge funds
  • Established a managed account platform for an international firm
  • Sold pre-eminent investment management company to a financial institution
  • Launched several insurance-dedicated funds of funds, including a bank eligible fund
  • Negotiated complex agreements with prime brokers and trading counterparties
  • Launched funds for a Dubai based investment manager focused on investing in the MENA (Middle East and North Africa) Region

Events

  • How Endowments View Alternatives, 100 Women in Hedge Funds, Moderator, Boston (2013)
  • Goldman Sachs’ Prime Brokerage Form PF Workshop, Boston (2012)
  • Update on Select CFTC and SEC Topics, Financial Executive Alliance, Boston Hedge Fund Networking Group, Boston (2012)
  • Deloitte Hedge Fund Symposium: The Show Must Go On: Succession Planning, Boston (2012)
  • KPMG Alternative Investment Share Forum: Alternative Investments Legal Issues and Trends, Boston (2012)
  • Brighton House Associates Emerging Managers Conference: SEC’s Proposed Rules on Advertising, Boston (2012)
  • Boston Hedge Fund Group Symposium, Boston (2012)
  • Common Sense Investment Management Forum: Legal & Regulatory Panel, Portland, Ore. (2009–2012)
  • Regulatory Roundtable — Expert Networks, Boston (2011)
  • Prime Brokerage Agreements in the New Regulatory Environment, Moderator, Boston (2011)
  • New Regulatory Reforms: The Impact on Your Business, Seminar co-sponsored by Boston Hedge Fund Group, Managed Funds Association (MFA) and State Street, Boston (2011)
  • How Will Dodd-Frank Legislation Impact Alternative Investing?, CAIA Association (2010)
  • Global Hedge Fund Symposium: A New Regulatory Regime — Implications for Funds and Advisers, Ernst & Young, Boston (2010)
  • Expansion of Investment Adviser Regulation: Implications for Private Fund Managers, Massachusetts Society of CPAs, Moderator, Boston (2010)
  • Goldman Sachs: Annual Hedge Fund CFO Conference, Boston (2007–2010)
  • What’s Ahead for Alternative Investment Firms?, Seminar sponsored by Eze Castle, Ernst & Young and Bingham, Boston (2009)
  • Leveraging Technology for Changing Regulatory and Reporting Environment, 100 Women in Hedge Funds Seminar, Boston (2009)
  • Ernst and Young Global Hedge Fund Symposium — Current Issues, Valuation and Risk Management, Boston (2008)
  • Investment Management Basics, Boston University, Boston (2008, 2010)
  • Sound Practices for Hedge Fund Managers, Managed Funds Association (MFA), Boston (2008)
  • Hedge Fund Taxation and Compliance Forum — Employee Compensation Planning, Institute for International Research, New York (2008)
  • Risk Management and Succession Planning, Hawkamah Conference, Dubai (2007)
  • Insider Trading and Hedge Funds — What’s All the Fuss?, Boston (2007)
  • Succession Planning: Building a Sustainable Hedge Fund Business, MARHedge World Wealth Summit, Bermuda (2006)
  • Current Trends and Issues Impacting Alternative Investments, Massachusetts CPA Society (2006)
  • Investing in Today’s Hedge Funds: Distinguishing Gold Mines from Land Mines, The Boston Security Analysts Society, Boston (2006)
  • Registration Under the Advisers Act: Beyond the Rules, Boston (2005)
  • Regulatory and Enforcement Developments Affecting the Hedge Fund Industry: Registration and Beyond, Boston, Mass. and New York, N.Y. (2005)
  • U.S. Hedge Funds and Private Equity Funds, Beijing Financial Services Sector Leadership Program, Kennedy School of Government at Harvard, Cambridge, Mass. (2009)
  • Navigating the Changing Regulatory Environment: What Can Private Fund Advisers and Sponsors Expect?, Moderator, Bingham Navigant Joint Seminar, Boston (2009)
  • Changing Hedge Fund Landscape: Regulatory and Structural Considerations, Deutsche Bank Panel Discussion, Boston (2009)
  • Regulatory and Legal Challenges Facing the Hedge Fund Operations Community, Hedge Fund Administration Forum, Co-sponsored by Opalesque and Fortis Prime Solutions, New York (2009)

Memberships

  • Boston Bar Association

Awards & Honors

  • Chambers Global — Investment Funds: Hedge Funds (2012)
  • Chambers USA — Massachusetts Hedge and Mutual Funds (2008–2011, Band 1 - 2012) and National Investment Funds: Hedge Funds (2011, 2013)
  • The Legal 500 US (2012)
  • Editor-in-chief, Virginia Tax Review

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