Jonathan Ross, Partner, Fund Formation

Jonathan A. Ross

Partner

Areas of Focus

Jonathan Ross, Partner, Fund Formation

Jonathan A. Ross

Partner

jross@akingump.com

Areas of Focus

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Biography
  • Represents real estate and credit fund managers through every stage of the investment lifecycle, including in the structuring, formation, marketing and operation of funds.
  • Represents institutional investors, including sovereign wealth funds, insurance companies, funds of funds and endowments.
  • Counsels fund managers on “upper-tier” arrangements and transactions.

Jonathan works closely with emerging and existing real estate and credit fund managers. He advises on the formation, launch and operation of funds across investment structures, including closed-end, open-end and hybrid/evergreen strategies.

Jonathan has extensive experience bringing to market customized investment funds that are carefully tailored to the nature and liquidity profile of his clients, which include prominent credit fund managers and institutional investors. Jonathan routinely provides counsel to credit-focused asset managers and advises on issues specific to credit products.

Leveraging his deep understanding of the investment funds landscape, Jonathan delivers bespoke legal counsel to an esteemed roster of clients. He represents leading real estate and credit fund managers, fund sponsors, general partners (GPs) and limited partners (LPs), private equity funds and institutional investors, such as sovereign wealth funds, insurance companies, funds-of-funds and endowments, assisting them with their fund investments.

In recognition of his significant contributions and legal acumen, Jonathan was among only five attorneys in fund formation to be included on Law360’s 2023 list of Rising Stars, an honor bestowed upon those “whose legal accomplishments belie their age.”

Developing a deep familiarity with all aspects of his clients’ businesses through years of relationship building, Jonathan skillfully guides complex documents and questions through a client’s internal processes, marking him as an invaluable partner to sophisticated fund sponsors. He plays a crucial role in aiding the drafting of key documents and conducting negotiations with investors. Beyond his work in fund formation, Jonathan also applies his understanding of the regulatory landscape, providing clients with strategic advice to anticipate and navigate the changing legal environment.

Representative Work
  • Represented Invictus Capital Partners LP in the structuring and formation of Invictus Opportunity Fund III LP, a $1+ billion closed-end private equity fund focused on residential mortgage loans and mortgage loan-backed securitizations.
  • Represented Crayhill Capital Management in the $820 million closing of Crayhill Principal Strategies Fund II. Principal Strategies Fund II closed at its hard cap with support from a diversified base of existing and new institutional investors, including public and corporate pension plans, insurance companies, foundations and endowments.
  • Represented the Public Investment Fund of the Kingdom of Saudi Arabia in its $20 billion anchor commitment towards the creation of Blackstone’s new investment platform dedicated to U.S. infrastructure.
  • Represented TPG Angelo Gordon in the $2.75 billion formation of AG Realty Fund X. AG Realty Fund X seeks to identify off-market investment opportunities with a focus on sub-performing or distressed office, multifamily, retail, residential, hotel, for-sale housing, senior housing, self-storage and student housing assets.
  • Advised a newly launched UAE-based alternative investment firm, with billions in assets under management, in its launch. The firm targets private equity and public equities, among other markets.
  • Represented TPG Angelo Gordon in the fundraising of AG Asset Based Credit Fund LP with more than $1 billion of equity commitments. The fund received significant support from existing Angelo Gordon clients, as well as new institutional investors attracted to the firm’s demonstrated ability to generate value through private credit strategies globally.

Education
  • J.D., Harvard Law School, 2009

  • B.A., Duke University, magna cum laude, 2006

Bar Admissions
  • District of Columbia

  • New York

Recognitions
  • Law360, Fund Formation Rising Star, 2023.
  • The Legal 500, Recognized Lawyer, Private Equity Funds, 2018; Alternative/hedge funds, 2024; Private equity funds (including venture capital), 2024.

Insights and Achievements

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