Vadim Avdeychik is of counsel in the Investment Management practice of Paul Hastings and is based in the firm's New York office. Mr. Avdeychik counsels mutual funds, closed-end funds, exchange-traded funds (ETFs), business development companies (BDCs), hedge funds, and their investment advisers. He routinely advises on the formation and operation of registered investment companies (including those implementing alternative investment strategies), alternative fund structures (including registered and unregistered master/feeder and fund-of-funds structures and BDCs), fund governance, regulatory issues involving public and private funds, and investment company status issues. Mr. Avdeychik has extensive experience assisting pre-IPO and public operating companies, specialty finance companies, investment banks, financial product sponsors, and other entities in determining their investment company status or the status of the products they sponsor, including the ability to qualify for exemptions from the Investment Company Act, in connection with securities offerings, financial product launches and other transactions. He also has transactional experience concerning funds and their advisers, including merger and acquisition transactions.
Mr. Avdeychik regularly advises clients with respect to environmental, social and governance (ESG) investing, including launching new investment products, advising board of directors on ESG matters and setting up compliance programs with a focus on ESG investing. He has authored several articles on the topic and is a frequent speaker on regulatory issues dealing with ESG investing.
Mr. Avdeychik also has significant ERISA experience, with particular focus on fiduciary issues and prohibited transaction exemption questions under Title I of ERISA. He has authored several articles dealing with the intersection of ERISA and the investment management industry.
Prior to joining Paul Hastings, Mr. Avdeychik was the Vice President and Counsel at PIMCO and Assistant Secretary to the PIMCO-Managed Closed-End Funds. Formerly, he was an associate at an international law firm and prior to that, ERISA Enforcement Advisor, Employee Benefits Security Administration.
Accolades and Recognitions
The Legal 500,Next Gen Partnerfor Investment Fund Formation & Management-Mutual/Registered/Exchange-Traded Funds (2021)
Chambers USA, Top Lawyer (2021)
Fund Intelligence,Mutual Fund Rising Star(2020)
Georgetown University Law Center, LL.M. in Securities and Financial Regulation, 2010
Hofstra Law School, J.D., 2007
St. John's University, B.A., 2004
"Responsible Investing: Legal and Compliance Considerations for Asset Managers" The Review of Securities and Commodities Regulation (RSCR Publications) (2019, author)
"Is the Market Ready to Embrace Performance Fee Mutual Funds?" The Investment Lawyer (2018, author)
"In re Beacon Litigation: The Five Factor-Test Under ERISA," Journal of Pension Benefits (Aspen Publishers) (2013, author)
"Pensions and Derivatives: The Post-2007 Financial Crisis and Its Regulatory Impact on Pensions' Utilization of Derivatives," Journal of Pension Benefits (Aspen Publishers) (2010, author)
"Understanding Financial Products 2021" Webcast,Practicing Law Institute(January 19, 2021)
New York City Bar Association
District of Columbia Bar Association