Four partners in the Investment Management Group at Davis Polk have authored a treatise on private funds entitled Advising Private Funds: A Comprehensive Guide to Representing Hedge Funds, Private Equity Funds and Their Advisers. Published by West, the book, which is now in its second edition, provides a straightforward discussion of all the major legal, compliance, regulatory and tax issues faced by funds and their advisers. It was written by partners Nora Jordan, Yukako Kawata, Leor Landa and Danforth Townley.

Advising Private Funds provides clear and concise explanations of statutory requirements and practical guidance on compliance when interpretation is required. It covers the full spectrum of issues faced by investment management professionals, including structuring, compliance, taxation, manager compensation and exit strategies.