Partner
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Scott Cheskiewicz is the leader of Jackson Walker’s institutional investor practice, where he leads a team of lawyers experienced in representing institutional investors around the world with respect to alternative assets investments (e.g., “private markets” strategies such as private equity funds, real estate funds, infrastructure funds and credit funds as well as “public markets” strategies such as hedge funds, long-only funds, collective investment trusts, and separately managed accounts). Representative clients include: public and private pension plans, university and research endowments, sovereign wealth funds, insurance companies, corporate investment divisions, funds of funds and family offices. One of Scott’s key focus areas is in bespoke investment arrangements, which can take the form of separately managed accounts, funds of one, master custody agreements, and strategic partnerships. These arrangements typically involve a high degree of customization, including bespoke investment guidelines and restrictions, changes to the standard of care, non-standard expense reimbursement, and highly customized management and incentive fee models. One of Scott’s favorite things to do is to work with clients to develop new incentive fee structures, including building and testing the fee models, because, in Scott’s words, “one cannot draft a fee schedule if one does not understand the math, and the best way to understand the math is to build the model.”