Theodore D. Edwards

Theodore advises private and registered funds and their sponsors on formation, transactions, and regulatory compliance. He has experience with open-end and closed-end funds, and funds pursuing a variety of strategies, including private equity, real estate, private credit, and hedge funds. Theodore counsels investment advisers as to formation, registration, compliance, and disclosure matters. His sponsor work also includes design and implementation of carried interest programs and upper tier structuring, and he has advised investment advisers in connection with regulatory exams. Theodore regularly addresses status issues under the Investment Company Act of 1940 and the Investment Advisers Act of 1940.

• Counsel to a $550 million private equity buyout fund focused on the consumer health and wellness space.
• Counsel to a hedge fund in purchases of more than $250 million of private placement securities.
• Fund and adviser counsel to a new thematic private equity platform, and their initial fund.
• Fund and adviser counsel to an established private equity firm in connection with the formation of a subsequent fund, including international offerings in Asia-pacific.
• Counsel to a HWN investor making a minority investment in an NFL franchise.
• Adviser to endowments in the arts and higher ed in connection with investments in various private funds.
• Advised a private credit fund in the design, structuring, and implementation of a private REIT.
• Advised a sponsor in the formation of a hedge fund with U.S. and offshore feeders pursuing a strategy in esoteric securities.
• Advised a sponsor in connection with multiple follow-on facilities as to existing funds.
• Advised multiple closed-end registered funds in connection with the negotiation and implementation of credit facilities.

• Best Lawyers in America®: Ones to Watch: Financial Services Regulation Law (2026)