Kevin Bettsteller

Partner

Kevin Bettsteller is a partner in Gibson, Dunn & Crutcher’s Investment Funds Practice Group. His practice focuses on the regulation of investment advisers, particularly the sponsors of private equity funds, real estate funds, funds of funds, infrastructure funds, venture capital funds, credit funds, hedge funds and other private funds. Throughout his 17-year career, he has represented a wide range of clients, from first-time fund sponsors to some of the largest global asset management firms and other financial services companies, including broker-dealers, REITs, registered investment companies, business development companies, SPACs and family offices.

Kevin regularly advises clients regarding complex issues arising under the Investment Advisers Act, Investment Company Act, Securities Act, Securities Exchange Act, state law and related rules and regulations, including in connection with:

  • U.S. and non-U.S. investment adviser registration and exempt reporting adviser matters, including the preparation of Form ADV and compliance policies and procedures
  • The structuring, formation, marketing and offering of private funds
  • Preparing for and responding to SEC examinations
  • Identifying and managing conflicts of interest, including in connection with affiliated service providers and portfolio company activities
  • GP-led fund restructurings and recapitalizations, continuation fund formations, secondaries and similar transactions
  • Purchases and sales of asset management businesses, including control acquisitions, “GP stakes” transactions and other minority investments
  • Fund manager seed investments, joint venture arrangements and spin-outs
  • Status issues under the Investment Company Act and related exemptions
  • The establishment and operation of separately managed accounts and single investor vehicles
  • Agreements with placement agents, administrators and other service providers

Kevin is a frequent speaker at industry conferences and has authored and contributed to numerous publications on investment management topics. In addition, he has also been recognized by IFLR1000  as a Notable Practitioner – Investment Funds.

Capabilities

Credentials

Education:
  • University of Michigan - 2006 Juris Doctor
  • University of Michigan - 2002 Bachelor of Arts
Admissions:
  • California Bar
  • Illinois Bar