Eli Rosenbaum is co-leader of Ropes & Gray’s institutional investor practice. He is a trusted advisor to some of the largest and most prominent institutional limited partners in private funds.
Eli’s practice covers the waterfront of asset classes and investment structures. Clients engage Eli on their highest-priority matters, including complex fund formations, anchor and seed investments, managed accounts, fund restructurings, portfolio secondary sales, GP-led recaps, co-investments, and GP stakes. He also regularly counsels institutional investors on “top of the house” initiatives, advising chief investment officers, investment committee members, and trustees.
Within the firm, Eli is helping spearhead the adoption and implementation of AI tools. He led the construction of a proprietary, AI-enabled database of investment documents, managing a multi-disciplinary team of lawyers, technology leaders, and knowledge management specialists to help enhance the firm’s analysis of market terms and trends.
Through his work for global college and university endowments, Eli is a part of the firm’s higher education practice. He works closely with endowment clients to ensure that their investment strategies, policies, and other initiatives work hand-in-hand with the broader missions of their respective institutions.
Eli is also the co-chair of the steering committee for the Cambridge Forum on Private Funds, an annual conference for in-house counsel and private practice lawyers representing both GPs and LPs.
Experience
- Clients include endowments, foundations, non-U.S. and sovereign investors, global asset managers, insurance companies, pension funds, and family offices.
- Regularly advises on primary investments in private equity, hedge, venture, growth, real assets, and credit funds.
- Guides clients through multi-party secondary transactions, including several of the largest portfolio secondaries recently seen in the market.
- Counsels on anchor investments and GP stakes, including with first-time managers.
- Structures complex and bespoke evergreen and permanent capital vehicles.
- Advises on investment office governance and structuring, regulatory and tax planning, and designing and implementing compliance programs.