Sidley Austin LLP Expands Los Angeles Office

Los Angeles (November 4, 2013) —Sidley Austin LLP announced today that Timothy A. Spangler has joined the firm in Los Angeles as a partner and member of Sidley’s global Investment Funds, Advisers and Derivatives practice. Mr. Spangler brings extensive experience in advising clients on an array of investment vehicles and related securities and regulatory issues.

Mr. Spangler served as chair of the investment funds group at his prior firm. He has worked on a wide range of funds, including hedge funds, private equity funds, venture capital funds and funds of funds. He also has experience with funds investing in particular countries or sectors across numerous jurisdictions including the U.S., UK, Cayman Islands, Channel Islands, the Isle of Man, Bermuda, Mauritius, the Netherlands, Germany and Ireland. His clients have included the full range of parties associated with funds, among them promoters, managers, advisers and investors. He regularly advises sponsors on the formation, negotiation and structuring of investment vehicles, and on the full spectrum of securities and regulatory issues associated with these transactions. Mr. Spangler also advises on the ongoing compliance obligations of investment management firms under the U.S. Investment Advisers Act of 1940 and the Financial Services and Markets Act 2000. While based in primarily Sidley’s Los Angeles office, he will continue to work with clients in the New York and London markets as well.

“Timothy is a talented lawyer whose deep knowledge and broad experience in multiple markets will be a tremendous asset to our clients,” said Mike Kelley, managing partner of Sidley’s Los Angeles office and member of the firm’s Executive Committee. “His arrival further strengthens our capabilities in structuring and advising our investment fund and adviser clients. We welcome him to our team.”

Mr. Spangler is mentioned in the 2014 edition of The International Who’s Who of Private Funds Lawyers and has been listed by Legal Media Group’s Expert Guides as one of the world’s leading lawyers for investment funds and private equity. He is also mentioned in the 2014 edition of the IFLR1000 as a leading practitioner in Investment Funds in the U.S. Additionally, he was recognized in 2013 by Chambers Global as an expert based abroad for Corporate/M&A in the UK, and as a foreign expert for Investment Funds: Hedge Funds in the U.S. Mr. Spangler is a long-standing member of the Private Investment Fund Committee of the Association of the Bar of the City of New York.

“We are delighted to welcome Timothy to Sidley,” said Michael Schmidtberger, a member of the firm’s Management Committee and a global coordinator of the Investment Funds, Advisers and Derivatives Group. “His broad skills and experience make him an excellent addition to our nationally ranked team of very strong, dedicated lawyers focused on advising clients in the formation and operation of all types of regulated and alternative investment vehicles.”

“I was attracted to Sidley in large part due to its exceptional reputation and leading global investment funds practice,” said Mr. Spangler. “The firm’s strong international platform and continued growth and expansion makes it the ideal place to continue to grow my practice, and I look forward to working with my new colleagues to provide the highest level of service to our clients.”

Mr. Spangler’s arrival follows on the heels of a leading group of investment funds lawyers joining the firm in Singapore, and that of a partner joining in London, marking the continued expansion of Sidley’s global Investment Funds practice.

With approximately 1,700 lawyers in 19 offices worldwide, Sidley has built a reputation as a premier legal adviser for global businesses and financial institutions. For the fourth consecutive year, and every year since the survey’s inception, Sidley received the most first-tier national rankings of any U.S. law firm in the 2014 U.S. News – Best Lawyers® “Best Law Firms” survey including “Law Firm of the Year” recognition in the Private Funds/Hedge Funds category. On Law360’s list of Global 20 Firms, Sidley was ranked among the top law firms “with the greatest global reach and expertise.”