David Hearth is a partner in the Corporate practice at Paul Hastings and is based in the firm's San Francisco office. Mr. Hearth has an investment management, corporate and securities practice. He represents investment companies and partnerships, investment advisers, broker-dealers and independent board members of registered investment companies. He also has broad investment management industry experience in general business matters, including merger and acquisition transactions. Mr. Hearth actively represents investment management organizations in all phases of their activities, including launching new fund groups and innovative new products and services, handling special compliance and regulatory matters, obtaining exemptive and no-action relief from the SEC, working on acquisitions, and providing fiduciary counseling.
Accolades and Recognitions
The Legal 500, Investment Fund Formation & Management - Mutual/Registered/Exchange-Traded Funds (2021)
Chambers USA, Nationwide, Investment Funds: Registered Funds
The Legal 500, Mutual/Registered Funds
Harvard Law School, J.D., 1987
Lewis & Clark College, B.A., 1984
Speaks frequently at industry conferences and seminars on investment management topics for events sponsored by IDC, NSCP, NICSA, and others.
Quoted in industry press dozens of times over the past several years.
Kayne Anderson's NYSE-traded closed-end investment companies in their IPOs and numerous follow-on public and private offerings of common and preferred stock and senior notes totaling several billion dollars
TCW Funds, Metropolitan West Funds and their investment advisers, in mutual fund matters related to the Carlyle Group's purchase of a controlling interest in TCW Group from Société Générale
Matthews Asia Funds in the acquisition and reorganization of The Japan Fund (Nomura Partners Funds) into the Matthews Japan Fund
Forward Management and Getty ownership interests in the acquisition of Forward by Salient Partners
First-ever registered exchange offering of public for private Rule 144A notes by a closed-end investment company
GE Asset Management in the sale of its retail mutual fund group
First-ever conversion of a mutual fund into a publicly traded business development company
GE Capital Corporation's investment adviser subsidiary with respect to various investment advisory arrangements
Metropolitan West Funds and Metropolitan West Asset Management in mutual fund matters related to the acquisition by TCW Group
Independent board members of various mutual fund groups with respect to a wide range of ongoing fiduciary responsibilities