Michael Hong has joined Davis Polk as a partner in the firm’s investment management division in New York. Hong advises fund managers on fund formation, investments and joint ventures, and he has particular expertise in the private equity realm. For commentary from other Davis Polk attorneys, see our two-part series on steps advisers can take to minimize the risk that a routine SEC examination ends with a referral to enforcement: “Five Key Priorities for OCIE” (Jan. 4, 2018); and “Examination Process, Interview Preparation and Remediation Considerations” (Jan. 18, 2018); as well as “U.S. Tax Court Ruling May Lead to Increased After-Tax Returns for Foreign Investors That Invest in U.S. Partnerships” (Aug. 3, 2017).