Sidley Austin has expanded its investment funds, advisers and derivatives practice in Boston with the hiring of Elizabeth Shea Fries. Fries advises investment funds, investment managers, broker-dealers and banks on alternative investments, financial services, mergers and acquisitions, fiduciary matters and regulatory compliance. For insight from Fries, see our three-part series on managing the conflicts of interest associated with the simultaneous management of hedge funds and private equity funds: Part One (May 7, 2015); Part Two (May 14, 2015); and Part Three (May 21, 2015). For coverage of another recent addition to Sidley Austin’s funds practice, see “Sidley Austin Adds Investment Funds Partner in Boston” (Apr. 7, 2016). For commentary from other Sidley Austin partners, see “Recommended Actions for Hedge Fund Managers in Light of SEC Enforcement Trends” (Oct. 2, 2015); “Sidley Austin, Ivaldi Capital and Advise Technologies Share Lessons for U.K. Hedge Fund Managers From the January 2015 AIFMD Annex IV Filing” (Mar. 27, 2015); and “Sidley Partners Discuss Evolving Hedge Fund Fee Structures, Seed Deal Terms, Single Investor Hedge Funds, Risk Aggregators, Expense Allocations, Co-Investments and Fund Liquidity (Part One of Two)” (Sep. 25, 2014).