Henry Bregstein is the global co-chair of Katten Muchin Rosenman LLP’s Financial Services practice and a member of the firm’s Board of Directors. Henry is frequently mentioned in the media and lauded by clients and colleagues alike for his work representing fund clients. He has been recognized by a number of hedge fund and investment industry rankings and publications, including Chambers Global and Chambers USA, where clients commented that he is “commercially driven and technically strong,” has “a wealth of experience in hedge fund matters,” and is “one of the smartest lawyers in the business.” Henry also was recognized by The Legal 500 as a Leading Individual for Investment Funds. Additionally, he was named the “Distinguished Business Law Practitioner in Residence” at Widener University Commonwealth Law School and serves on the advisory board of Mercury iFunds™.
Largely considered an innovator in his field, Henry holds two patents and has one patent application pending. He was granted a patent for a multi-level leverage account structure, allowing multiple classes of investors with differing leverage objectives to establish an investment structure that takes advantage of both the master-feeder structure and the reverse master feeder structure. Henry’s pending patent application involves a taxdeferred fund (TDF) in which variable annuities and life insurance policies can be sold as hedge funds (or private equity funds) with income tax deferment or elimination. Private Placement Insurance and Variable Annuities Related to his private placement insurance and annuities practice, Henry advises US and non-US hedge and private equity funds and their advisers and principals, life insurance companies, banks, broker-dealers, insurance-dedicated fund platforms, high net worth individuals, other law firms, registered investment advisers (RIAs), wealth advisory firms and family offices on regulatory, securities, insurance, tax, finance, licensing, corporate and other legal matters. Henry provides guidance on fund formation and regulatory compliance and advice related to domestic and offshore insurance-dedicated hedge funds and funds of funds (IDFs), IDF platforms and TDF platforms—including those related to bank-owned (BOLI), corporate-owned (COLI) and insurance company-owned (iCOLI) life insurance products. In this capacity, he counsels clients on the structure and documentation of IDFs (including on diversification under section 817(h) of the US internal Revenue Code, the “investor control doctrine” issues and other tax matters), privately placed variable life insurance (PPLI) and annuities (PPVA), insurance-dedicated swaps (IDSs) and on other
Henry Bregstein continued
Who’s Who Legal, Private Funds – Regulatory, 2016
Education JD, Benjamin N. Cardozo School of Law, magna cum laude BA, University of Pennsylvania
Bar Admissions New York
insurance-related products, as well as on regulatory matters such as compliance with state and Financial Industry Regulatory Authority (FINRA) rules concerning the offer and sale of PPLI/PPVA.