Client Work

Jon’s representative transactions include:

• Advised family offices with respect to the formation of real estate fund and secondary fund.
• Representation of a mezzanine fund in the formation of its third fund, which raised $558 million from investors that included domestic and international pension funds, insurance companies, endowments, foundations, consultants, and family offices.
• Continuing representation of a Chicago-based investment manager with respect to the formation of private equity funds of funds, including negotiations with a wide variety of public pension funds, and the ongoing operation of those funds of funds.
• Representation of investment manager in sale of stakes in related general partner and management company.
• Representation of institutional investors in connection with removal of a general partner of a private equity fund.
• Representation of institutional investors in secondary transactions.
• Representation of institutional investors in co-investment transactions.
• Representation of investment professionals in the formation of a long-short equity hedge fund.
• Representation of prominent institutional investors as limited partners in numerous domestic and international private equity, venture capital, real estate, and hedge fund investments.
• Representation of an investment manager in connection with registering with the SEC as an investment adviser.
• Representation of an investment adviser during an SEC compliance inspection and examination.
• Representation of a Washington, D.C.-based investment manager in the formation of a hedge fund.
• Representation of a public company in the distribution industry with respect to a series of acquisitions of competitors throughout the United States.
• Representation of a privately wine distributor in an acquisition of a beer distributor in Oregon from a publicly held company.
• Representation of a subsidiary of a publicly traded company in the gaming industry in a $200 million acquisition of energy project assets.

Publications, Presentations & Recognitions

Publications

• “Significant New Private Fund Rules Adopted by SEC,” ArentFox Schiff Alert (Sep. 11, 2023)
• “2023 Priorities for SEC Division of Examinations,” ArentFox Schiff Alert (Feb. 15, 2023)
• “SEC Adopts New Marketing Rule for Investment Advisors,” ArentFox Schiff Alert (Nov. 7, 2022)
• “SEC Proposes New Oversight Requirements for Certain Services Outsourced by Investment Advisors,” ArentFox Schiff Alert (Nov. 3, 2022)
• “SEC - CFTC Joint Proposed Amendments Introduce Enhanced Private Fund Reporting Requirements,” ArentFox Schiff Alert (Aug. 19, 2022)
• “First-of-a-Kind Crypto Insider Trading Prosecution: SEC-v-Wahi et al Action May Have Broad Implications Across the Digital Asset Space,” ArentFox Schiff Alert (Aug. 9, 2022)
• “Scrapped Paper: SEC Adopts New Electronic Filing Requirements for Investment Advisers,” ArentFox Schiff Alert (Jul. 6, 2022)
• “SEC Charges Private Equity Adviser for Undisclosed Disproportionate Allocation of Transaction Expenses to Advised Fund,” ArentFox Schiff Alert (Jun. 22, 2022)
• “SEC Proposes Rule Updates Intended to Prevent Misleading or Deceptive Fund Names,” ArentFox Schiff Alert (Jun. 16, 2022)
• “SEC Proposes New Disclosure and Reporting Requirements Concerning ESG for Advisors and Registered Investment Funds,” ArentFox Schiff Alert (Jun. 7, 2022)

Presentations

• "16th Annual Emerging Manager & MWBE Conference," Office of the New York State Comptroller, Albany, NY (Feb. 17, 2023)
• “Nordics Navigating New Norms & Numbers,” Nordic Consulates in Chicago, Webinar (Mar. 19, 2021)
• “Entering the U.S. Market: A Legal Overview for Swedish Companies,” Schiff Hardin, Webinar (Sep. 28-29, 2020)
• “Getting off to a Great Start: Commonly Negotiated PE Fund Terms,” Chicago Private Equity Forum, Chicago, IL (May 4, 2016)
• “Commonly Negotiated Private Equity Fund Terms,” (presenter), Muller & Monroe Asset Management’s Back Office Exchange, Chicago, IL (Oct. 11, 2014)
• “Institutional Limited Partners Association Private Equity Principles: A Guide for Improving GP/LP Relations,” (co-presenter) Muller & Monroe Asset Management’s Back Office Exchange, Chicago, IL (Oct. 14, 2011)
• “Dodd-Frank’s Impact on Investment Adviser Registration: What Does It Mean for You?,” (co-presenter), Schiff Hardin LLP Webinar (Apr. 13, 2011)
• “Dodd-Frank’s Impact on Private Equity Funds and Other Recent Legal Developments,” Muller & Monroe Asset Management’s Back Office Exchange, Chicago, IL (Nov. 2, 2010)
• “Placement Agents Panel Discussion,” (panelist) Muller & Monroe Asset Management's Back Office Exchange, Chicago, IL (Oct. 2, 2009)
• “Alternative Investments in the Aftermath of the Credit Crisis,” American College of Investment Counsel, 2009 Annual Spring Investment Forum, Chicago, IL (Apr. 23, 2009)

Recognitions

• Illinois Leading Lawyer, Law Bulletin’s Illinois Leading Lawyers Network (2017-2021)

Boards, Memberships & Certifications

• American Bar Association, Institutional Investors Committee
• Finland’s Honorary Consul in Chicago
• Midwest Chapter of the Finnish American Chamber of Commerce, Board of Directors
• Foundation Board of Lutheran Child and Family Services of Illinois, Board of Directors

Professional Activities

Jon has devoted hundreds of hours to pro bono advocacy. He recently represented Horizon Hospice & Palliative Care, Inc. in its merger with JourneyCare, Inc. and Midwest Palliative & Hospice CareCenter. He earlier represented Lake Forest Symphony Association, Inc. in a transaction with Music Institute of Chicago.