On May 30, 2013, Reed Smith LLP announced the addition of James A. Mercadante as a partner in its firmwide Corporate & Securities Group in the firm’s New York office. Among other representations, Mercadante has structured “Dutch auctions” and other specialized transactions for secondary market transfers of hedge fund interests. See “Report Dissects Private Equity Secondaries Market: Buyer and Seller Motivations, Industry Players, Fundraising Trends and 2013 Predictions,” Hedge Fund Law Report, Vol. 6, No. 20 (May 16, 2013).