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Derek N. Steingarten

Fax +1.212.813.8829

Derek Steingarten is a corporate and investment management partner in the firm’s New York office. He maintains an active transactional and regulatory practice representing asset managers, including hedge funds, mutual funds, private equity funds and sponsors of other traditional and ‘alternative’ assets.

Work for Clients
Derek Steingarten’s industry knowledge and regulatory expertise covers the spectrum of fund formation, securities, corporate and transactional issues that asset managers and fund sponsors navigate. His clients include seasoned and startup institutional asset managers, private equity and hedge funds, funds-of-funds, open and closed-end SEC-registered funds, and fund boards of directors. He works regularly with the firm’s specialty practices in tax, ERISA and litigation to provide high touch service to asset management firms with offices and operations in the United States and other jurisdictions.

Mr. Steingarten has consistently been ranked among leading investment lawyers by prominent independent legal directories such as Chambers USA andThe Legal 500. In particular, Mr. Steingarten has been recognized in each of the Chambers USALeading Lawyers For Business guides published annually from 2008 through 2016.

Representative Engagements
Mr. Steingarten’s recent experience includes the representation of:

  • Multi-billion dollar asset management firms in connection with a wide range of corporate and securities matters focused on institutional money management, sub-adviser relationships, private equity and hedge fund launches and seeding transactions
  • Established middle-market asset managers and private equity funds in transactions to acquire or sell RIA firms or fund product franchises, establish (or restructure) joint ventures; negotiate and implement management team lift-outs, and develop new lines of business in a regulated environment (e.g. ETFs)
  • Boards of Directors of mutual funds and closed end funds pursuing specialized investment strategies, including ‘alternative’ mutual funds and innovative fund structures
  • Non-U.S. fund managers required to maintain cross-border compliance with U.S. securities and regulatory issues that impact funds and U.S. institutional and retail investors.
  • Pension and endowment consulting firms building their capacity to provide fully discretionary management and outsourced CIO services
  • FinTech startups (including robo-advisors) building investment advisory, trading and indexing businesses that involve regulatory issues under the Investment Advisers Act
  • Successful portfolio managers seeking to establish and market their own independent hedge funds, or building a franchise within an established firm 

Additional Background
Mr. Steingarten was a partner in the corporate department of a prominent national law firm based in Boston, where he worked for 15 years prior to joining K&L Gates in 2015. As a university and law student he worked for the Government of Canada, within both the Department of Foreign Affairs and the Department of Justice. 

Bar Memberships
Mr. Steingarten maintains memberships in the Massachusetts Bar Association (since 2001) and the New York Bar Association (since 2015).

Speaking Engagements
Mr. Steingarten speaks regularly about investment management and hedge fund regulatory and compliance issues, including recently as a panelist at the following industry events: “Brexit Q&A: Is Your Business Prepared” (webinar, January 2017); K&L Gates “Investment Management Conference” (Chicago, January 2017); FRA “Sub-Advised Funds Forum” (NYC, September 2016); NRS “Investment Adviser Compliance Symposium” (Chicago, July 2016); K&L Gates “New Manager Forum” (NYC, April 2016); “Compliance Reporter Breakfast Briefing” (NYC, November 2015).