Iain Morpeth recently joined the London office of Ropes & Gray as a partner in its private equity practice group. For a discussion of one of the many ways in which the hedge fund and real estate industries overlap, see “For Hedge Funds, Ownership of Commercial Mortgage-Backed Securities Servicers Offers a Growing, Uncorrelated Stream of Fee Income and Advantageous Access to Distressed Mortgages, But Not Without Legal and Business Risk,” Hedge Fund Law Report, Vol. 2, No. 38 (Sep. 24, 2009).