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David Selden

David Selden

Partner, Alternative Investment Funds, PwC United Kingdom

David is a corporate lawyer specialising in advising participants in the alternative investment fund space. David’s practice touches on all areas having to do with funds, separate accounts, co-investment programs and related matters, including secondary transactions, mergers / acquisitions and seed and stake transactions and related regulatory considerations.

David’s experience covers multiple asset classes, including hedge funds, private equity funds, commodity funds, credit funds and real estate funds.

David was named as a Leading Individual in the category of “Investment Fund Formation and Management: Hedge Funds” by the 2020 Legal 500 UK and is routinely ranked in the Chambers and Legal 500 guides. David’s experience includes:

  • Advising multiple fund managers on regulatory implications of Brexit
  • Establishment of an evergreen co-investment program for a large US-based hedge fund manager
  • Advising a global financial institution on the formation and offering of its global primary and secondary private equity funds of funds
  • Negotiating investments in private equity funds and hedge funds (including funds of one) on behalf of a large Dutch pension fund manager
  • Advising a major US mutual fund firm on the establishment and offering of a private equity fund of funds platform
  • Advising a global financial institution on secondary and synthetic secondary investments, including investments in continuation funds
  • Advising fund managers, financial institutions and pension plans on minority stake and revenue share investments in alternative asset managers
  • Advising a major US financial institution in connection with the spin-out of a real estate fund management team