As part of its Advanced Issues in Private Funds 2022 program, the Practising Law Institute gathered a panel of three of the most senior general counsel (GC) in the alternative asset management industry for an in-depth discussion about how their legal departments are organized; changes and challenges faced in recent years; tips for how GCs can stay at the top of their game; and ways outside counsel can improve. The panel was moderated by Paul Weiss partner Udi Grofman and featured Susanne V. Clark, senior managing director and GC at Centerbridge Partners, LP; Noah C. Goldberg, managing director and senior deputy GC at Citadel; and Tracey Brady Yurko, chief legal officer and corporate secretary at Bridgewater Associates, LP. This article outlines relevant takeaways from the discussion. See “Paul Weiss Partner Udi Grofman Discusses How and Why Hedge Fund Managers Are Capitalizing on Co-Investment Opportunities” (Dec. 11, 2014).