CHICAGO NEW YORK--(BUSINESS WIRE)--Sidley Austin LLP has been ranked among the top legal advisors t...

1. Sidley Austin LLP Named Among Top Law Firms for Hedge
Funds by Alpha Magazine
CHICAGO NEW YORK--(BUSINESS WIRE)--Sidley Austin LLP has been ranked among the top legal
advisors to the
hedge fund industry in the 2008 Alpha Awards(TM)
by Institutional Investor's Alpha Magazine.
In this year's survey, Sidley placed first in
three of the five sub-categories of the survey, including "business
planning corporate finance," "hedge
fund expertise" and "regulatory
and compliance." Sidley also ranked first
among the Hedge Fund 100 Favorites, Alpha's
ranking of the 100 largest single-manager hedge funds measured by assets
under management, and as the number two onshore law firm overall both
for large funds (those with assets of $1 billion or more), as well as
for funds with assets under $1 billion.
"We are honored to once again be recognized
by our clients in this year's Alpha Awards(TM),"
said Thomas A. Cole, chair of the firm's
Executive Committee. "We continue to develop
and expand our global practice, and we are gratified to be acknowledged
for our distinction in this area."
The 2008 Alpha Awards(TM) were tabulated from
the responses of more than 1,000 hedge fund firms, which manage more
than $1.5 trillion. Sidley was ranked as the top onshore law firm in the
2006 and 2007 Alpha Awards(TM).

2. Sidley has a premier, international practice in structuring and advising
investment funds and advisers, comprised of more than 110 lawyers in
Chicago, Hong Kong, London, Los Angeles, New York, San Francisco,
Singapore and Tokyo. The team, led by David Sawyier and Bill Kerr in
Chicago, Mike Schmidtberger and Jock MacKinnon in New York, Gary Cohen
in Los Angeles and Effie Vasilopoulos in Hong Kong, provides a full
range of legal services to hedge fund manager clients, including advice
on legal structure and other formation issues, securities and
derivatives regulatory and compliance matters, capital markets and
corporate finance transactions, "seed capital"
transactions, hedge fund manager mergers and acquisitions, marketing
arrangements, trading documentation, exchange listing, and tax and ERISA
matters. In 2008, Sidley was also named Investment
http://qcn.stanford.edu/sensor/view_profile.php?userid=114718 Funds Team of the
Year for the U.S. by Chambers and Partners.
For more http://www.law.virginia.edu/ information on the Alpha Awards(TM) and Alpha
Magazine, the authoritative publication of the hedge fund industry from
Institutional Investor, please visit www.alphamagazine.com.
Sidley Austin LLP is one of the world's largest full-service law firms,
with more than 1800 lawyers practicing in 16 U.S. and international
cities, including Beijing, Brussels, Frankfurt, Geneva, Hong Kong,
London, Shanghai, Singapore, Sydney and Tokyo. Every year since 2003,
Sidley has been named to Legal Business'
Global Elite, its designation for the 18 firms "that
define the pinnacle of the legal profession."

3. BTI, a Boston-based consulting and research firm, has named Sidley to
their Client Service Hall of Fame as one of only two law firms to rank
in the Client Service Top 10 for seven years in a row, and to the BTI
Power Elite as one of only seven law firms demonstrating the best client
relationships for the fourth consecutive year.
For purposes of the New York State Bar rules, this press release may
be considered Attorney Advertising and the headquarters of the firm are
Sidley Austin LLP 787 Seventh Avenue, New York, NY 10019, 212.839.5300
and Sidley Austin LLP One South Dearborn, Chicago, IL 60603,
312.853.7000. Prior results described herein do not guarantee a similar
outcome.
http://www.businesswire.com/news/home/20081104006316/en/Sidley-Austin-LLP-Named-Top-Law-Fi
rms