Scott D. Cheskiewicz
Practice Areas
Experience
- Investment Funds
- Public Pension Plans
“Scott Cheskiewicz is widely respected for his extensive practice advising LPs on alternative asset and private market investment strategies. Clients noted: 'Scott is hard-working and he handles a lot of sophisticated work.' 'He is a very smart lawyer.' 'He does a great job for his clients.'”
— Chambers USA
Biography
Scott is the leader of Jackson Walkerâs institutional investor practice, where he leads a team of lawyers experienced in representing institutional investors around the world with respect to alternative assets investments (e.g., âprivate marketsâ strategies such as private equity funds, real estate funds, infrastructure funds and credit funds as well as âpublic marketsâ strategies such as hedge funds, long-only funds, collective investment trusts, and separately managed accounts). Representative clients include: public and private pension plans, university and research endowments, sovereign wealth funds, insurance companies, corporate investment divisions, funds of funds and family offices.
One of Scottâs key focus areas is in bespoke investment arrangements, which can take the form of separately managed accounts, funds of one, master custody agreements, and strategic partnerships. These arrangements typically involve a high degree of customization, including bespoke investment guidelines and restrictions, changes to the standard of care, non-standard expense reimbursement, and highly customized management and incentive fee models. One of Scottâs favorite things to do is to work with clients to develop new incentive fee structures, including building and testing the fee models, because, in Scottâs words, âone cannot draft a fee schedule if one does not understand the math, and the best way to understand the math is to build the model.â
Education
B.A., magna cum laude, Tulane University
J.D., Georgetown University Law Center
Bar Admissions
Wisconsin
Texas
Court Admissions
United States Eastern District of Wisconsin
Investments in alternative asset classes, including:
- Hedge and long-only funds
- Private equity funds
- Credit funds (both private equity and hedge fund style)
- Venture capital funds
- Commodities funds
- Reinsurance funds
- Custom funds of one
- Separately managed accounts
- Hedge and private equity funds of funds
- Emerging manager platforms
- Emerging markets investments
- Strategic, multi-asset class funds
In addition to Scottâs focus on alternative investments, Scott has assisted clients with mergers & acquisitions, bank regulatory matters, bank finance agreements, software licensing agreements, non-compete agreements, and other general corporate matters.
- Chambers USA: Americaâs Leading Lawyers for Business, Ranked for Investment Funds: Investor Representation (USA â Nationwide), 2022-2024
- Chambers Global Guide, Ranked for Investment Funds: Investor Representation (USA), 2023-2025
Speaking Engagements
- Panelist, “Alignment of Interests: Fine Tuning Fairer Outcomes for All,” Talking Hedge (November 2018)
- Moderator, “Good Governance in Fees and Expenses,” Texas Alternative Investments Association (October 2018)
- Quarterly Round Table Meetings, Alignment of Interest Association
- “Private Equity and Hedge Funds,” Committee on Investment of Employee Benefit Assets (April 2017)
- “LP Terms and Conditions â Being Creative and Providing Win/Win Opportunities,” The Private Investment Fund Operations and Compliance Forum (August 2016)
- “Collective Investment Trusts,” National Association of Public Pension Attorneys (June 2015)
- “Hedge Fund Terms: Alignment of Interests,” American Bar Association Institutional Investor Committee (April 2015)
- “Alignment of Interests Between Managers and Investors,” Texas Hedge Fund Association (March 2015)
- “Building a Better Partnership,” Texas Hedge Fund Conference (February 2014)
Publications
- âIncreasing Manager-Investor Alignment Through the Use of Stock Options or Stock Appreciation Rights in Lieu of Performance Fees,â Alignment of Interest Association, White Paper No. 2 (2016)
- “AOI Hedge Fund Investing Principles” (2014)
- âThe âSiloâ Treatment Problem,â Alignment of Interests Association White Paper No. 1 (2015)
- âThe Role of the CPA in an M&A Transaction: A Lawyerâs Perspective,â The Practicing CPA (2007)
- âPurchase Agreements: How One Common Flaw Can Cost You Big Money!â Journal of Corporate Accounting and Finance (2007)
- âPersonal Goodwill – A Win-Win for Accountants and Their Clients,â CPA Expert (2005)
- âRESPA Investigations on the Rise, Are You In Compliance?â Spotlight – Credit Union Law (2005)
- âClarity Restored, Dragnet Clauses Upheld,â 23 Business Law News 2 (2004)
- Alignment of Interests Association (AOI)
- Texas Hedge Fund Conference, Panelist
- Texas Hedge Fund Association, Events Committee
- National Association of Public Pension Plan Attorneys (NAPPA)
- American Bar Association â Business Law Section, Institutional Investor Subcommittee
- Panelist, 2014
June 6, 2024
Spotlight
Chambers and Partners Releases 2024 USA Guide Featuring 67 Jackson Walker Attorneys and 23 Ranked Departments
Jackson Walker is pleased to announce that Chambers and Partners has selected 67 attorneys and 23 departments for inclusion in the 2024 edition of the Global and USA guides. Attorneys were ranked across 27 departments, with 3 attorneys listed among multiple areas, 8 ranked nationwide in their respective areas, and 15 recognized for the first time.
June 1, 2023
Spotlight
Chambers and Partners Recognizes Jackson Walker Attorneys and Practices in 2023 USA and Global Guides
Jackson Walker is pleased to announce that Chambers and Partners has selected 51 attorneys and 17 departments for inclusion in the 2023 edition of the Global and USA guides. Attorneys recognized in the guides were ranked in 19 practice areas, with 4 attorneys listed among multiple areas and 6 named among the top attorneys nationwide in their respective areas.
June 1, 2022
Spotlight
Chambers and Partners Recognizes Jackson Walker Attorneys and Practices in 2022 USA and Global Guides
Jackson Walker is pleased to announce that Chambers and Partners has selected 48 attorneys and 16 departments for inclusion in the 2022 edition of the Global and USA guides.
December 4, 2014
Attorney News
Non-profit Investor Group Releases Best Practices Guide for Hedge Fund Investing
On December 2, 2014, the Alignment of Interests Association (AOI) released its Hedge Fund Investing Principles, a guide to suggested best practices for the hedge fund industry, designed to better align the interests of managers and investors.
March 11, 2014
Attorney News
Scott Cheskiewicz Speaks at the 2014 Texas Hedge Fund Conference
Jackson Walker partner Scott Cheskiewicz will serve as a panelist at the 2014 Texas Hedge Fund Conference on Feb. 26, 2014, in Austin, Texas.
Scott recently assisted a public pension plan set up two separate $1 billion credit-focused, strategic partnership funds with highly customized fee structures. This work followed Scottâs prior work setting up a pair of $3 billion multi-asset class, strategic partnerships for this same investor with two of the worldâs largest private equity fund managers.
Practice Experience
Investments in alternative asset classes, including:
- Hedge and long-only funds
- Private equity funds
- Credit funds (both private equity and hedge fund style)
- Venture capital funds
- Commodities funds
- Reinsurance funds
- Custom funds of one
- Separately managed accounts
- Hedge and private equity funds of funds
- Emerging manager platforms
- Emerging markets investments
- Strategic, multi-asset class funds
In addition to Scottâs focus on alternative investments, Scott has assisted clients with mergers & acquisitions, bank regulatory matters, bank finance agreements, software licensing agreements, non-compete agreements, and other general corporate matters.
Recognition & Accolades
- Chambers USA: Americaâs Leading Lawyers for Business, Ranked for Investment Funds: Investor Representation (USA â Nationwide), 2022-2024
- Chambers Global Guide, Ranked for Investment Funds: Investor Representation (USA), 2023-2025
Publications & Speeches
Speaking Engagements
- Panelist, “Alignment of Interests: Fine Tuning Fairer Outcomes for All,” Talking Hedge (November 2018)
- Moderator, “Good Governance in Fees and Expenses,” Texas Alternative Investments Association (October 2018)
- Quarterly Round Table Meetings, Alignment of Interest Association
- “Private Equity and Hedge Funds,” Committee on Investment of Employee Benefit Assets (April 2017)
- “LP Terms and Conditions â Being Creative and Providing Win/Win Opportunities,” The Private Investment Fund Operations and Compliance Forum (August 2016)
- “Collective Investment Trusts,” National Association of Public Pension Attorneys (June 2015)
- “Hedge Fund Terms: Alignment of Interests,” American Bar Association Institutional Investor Committee (April 2015)
- “Alignment of Interests Between Managers and Investors,” Texas Hedge Fund Association (March 2015)
- “Building a Better Partnership,” Texas Hedge Fund Conference (February 2014)
Publications
- âIncreasing Manager-Investor Alignment Through the Use of Stock Options or Stock Appreciation Rights in Lieu of Performance Fees,â Alignment of Interest Association, White Paper No. 2 (2016)
- “AOI Hedge Fund Investing Principles” (2014)
- âThe âSiloâ Treatment Problem,â Alignment of Interests Association White Paper No. 1 (2015)
- âThe Role of the CPA in an M&A Transaction: A Lawyerâs Perspective,â The Practicing CPA (2007)
- âPurchase Agreements: How One Common Flaw Can Cost You Big Money!â Journal of Corporate Accounting and Finance (2007)
- âPersonal Goodwill – A Win-Win for Accountants and Their Clients,â CPA Expert (2005)
- âRESPA Investigations on the Rise, Are You In Compliance?â Spotlight – Credit Union Law (2005)
- âClarity Restored, Dragnet Clauses Upheld,â 23 Business Law News 2 (2004)
Community Involvement
- Alignment of Interests Association (AOI)
- Texas Hedge Fund Conference, Panelist
- Texas Hedge Fund Association, Events Committee
- National Association of Public Pension Plan Attorneys (NAPPA)
- American Bar Association â Business Law Section, Institutional Investor Subcommittee
- Panelist, 2014
Career Highlights
Scott recently assisted a public pension plan set up two separate $1 billion credit-focused, strategic partnership funds with highly customized fee structures. This work followed Scottâs prior work setting up a pair of $3 billion multi-asset class, strategic partnerships for this same investor with two of the worldâs largest private equity fund managers.