Paul Hastings has expanded its investment management practice with the hiring of Tram Nguyen and Yousuf Dhamee as partners in New York and Los Angeles, respectively. Formerly a Branch Chief of the Private Funds Branch within the SEC’s Division of Investment Management, Nguyen advises hedge and private equity funds on structuring, formation, fundraising and regulatory matters. For insight from Nguyen, see “Aligning Employee and Investor Interests Under the Volcker Rule” (Jun. 2, 2014); and “Stroock Seminar Identifies Five Strategies for Mitigating the Risk of Supervisory Liability for Hedge Fund Manager CCOs” (Jan. 16, 2014). Dhamee counsels investment advisers on structuring and distributing hedge funds, private equity funds, registered funds and bespoke products, as well as forming and operating investment adviser businesses. For commentary from Dhamee, see our two-part series on the use of target returns by hedge fund managers: “Common Practices, Benefits and Drawbacks” (Apr. 23, 2015); and “Legal Risks” (Apr. 30, 2015); as well as our two-part series on tiered management fees: “Help Attracting Institutional Investors” (Jun. 25, 2015); and “Practical Considerations” (Jul. 9, 2015).