Mr. McCandless practices in the firm's Investment Management, Hedge Funds and Alternative Investments practice. His core practice focuses on assisting sponsors with structuring and formation, closing, acquisition, sale, regulatory compliance, and ongoing operations of open and closed-end registered investment companies, hedge funds, private equity funds, and exchange traded products. Mr. McCandless has experience counseling investment advisers on investment adviser regulation, as well as sponsors with respect to the structuring and operation of separately managed account platforms. He regularly assists clients on related corporate and regulatory matters, including contract negotiation, compliance with federal securities laws, obtaining SEC no-action and exemptive relief and preparing compliance policies and procedures. He counsels clients on ERISA fiduciary compliance, including analyzing issues under the QPAM exemption.