Lowenstein Sandler has announced that Max Karpel has joined the firm as partner in the Investment Management group. His practice will focus on the structuring and restructuring of investment management businesses and on advising family offices and private foundations.

Karpel represents managers of both established and startup hedge funds in launching new funds and in private equity investments, lending, mergers and acquisitions, investor activism, and joint ventures; he also represents issuers and underwriters in debt and equity offerings. He negotiates seed deals, agreements with anchor investors, side letters with institutional investors, and employment and consulting agreements, and he provides advice on securities law and trading. In addition, Karpel represents leading hedge fund managers in establishing Insurance Dedicated Funds.

Before joining the firm, Karpel served as Chief Operating Officer and in-house counsel to a family office and foundation.

“Max’s combination of experience as both in-house counsel to a family office and foundation and as outside counsel to a wide range of fund managers gives him an insight and perspective that will prove invaluable to our clients,” said Robert G. Minion, partner and Chair of the firm’s Investment Management group.

Peter D. Greene, partner and Vice Chair of the firm’s Investment Management group, said, “The addition of Max to our team is an exciting time for our group and the entire firm, as it further strengthens our already formidable reputation in the private funds and asset management industries.”

“I am thrilled to join the Lowenstein Investment Management team,” said Karpel. “I admire Lowenstein’s innovative approach to helping fund managers and family offices achieve their business goals. It’s an honor to become part of a firm whose commitment to client service is unmatched.”

Karpel was formerly a partner at a boutique law firm focused on the representation of investment managers, as well as real estate developers, family offices, and high-net worth individuals. Fluent in Hebrew, he has represented international clients making investments in Israel and has worked with Israeli investment managers on structuring and launching funds that are open to U.S. and international investors. He is the co-founder of Israel’s first industry association for hedge funds.

Karpel holds a J.D. from the New York University School of Law and a B.A. from Yale University.