Munger, Tolles & Olson LLP announced on May 9, 2018 that David S. Hong has joined the corporate group as of counsel, bolstering its private fund formation capabilities. Mr. Hong will focus on advising private equity and hedge fund sponsors in connection with, among other matters, fund formations, fund investment matters, seed capital arrangements, complex restructurings, the structure of their investment management businesses and regulatory, compliance and operational issues.
Mr. Hong joins the firm after practicing in the private funds space for 10 years at, among other firms, Akin Gump Strauss Hauer & Feld LLP and Schulte Roth & Zabel LLP in New York. On the sponsor side, he has provided emerging and institutional private equity and hedge fund sponsors with comprehensive representation covering entity formations, the fundraising process and ongoing operational advice. On the investor side, he has represented a wide range of institutional investors, including sovereign wealth funds, public and private pension plans, family offices and endowments, in connection with their investments in, and co-investments alongside, various private equity, hedge and hybrid funds.
Mr. Hong joins Munger, Tolles & Olson’s thriving private investment fund practice. Led by veteran corporate partner C. David Lee, the group has represented Angeles Equity Partners, BDT Capital, Himalaya Capital, Oaktree Capital Management and the Yucaipa Companies, among many others, in a wide range of transactions.
“We are delighted to welcome David to our corporate group and the firm,” Mr. Lee said. “His extensive investment management and fund experience deepens our capacity in an important area of growth for the firm.”
“Munger, Tolles & Olson is a legal powerhouse with a booming private funds practice,” Mr. Hong said. “I look forward to helping grow the firm’s already significant private funds practice by advising clients in their most significant and complex transactions.”
Mr. Hong earned a J.D. and LL.M., Banking and Financial Law, from Boston University School of Law. He received a B.A. in communications from University of California, Davis.