Florio Leahy

What Florio Leahy does

Florio Leahy LLP is a New York-based boutique investment management law firm founded in 2010 by Gregory L. Florio, a former Chief Compliance Officer of Marathon Asset Management, LP. The firm provides full-service legal and regulatory counsel to over 100 alternative asset managers and institutional investors in the U.S. and abroad, organized across five practice areas: Fund Formation and Structuring, Examinations and Enforcement Defense, Ongoing Legal Counsel and Transactions, Business and Operational Support, and Investor Representation and Due Diligence. The firm specializes in SEC, CFTC, and NFA regulatory matters, Investment Advisers Act compliance, and the legal needs of hedge funds, private equity, private credit, venture capital, real estate, and fund-of-funds managers.

The firm has developed proprietary compliance technology and regulatory filing tools designed to augment client compliance and conflicts monitoring capabilities, overseen by Gregory Florio and built under CTO Michael Makovoz, whose background includes high-performance data processing, cloud, blockchain, and AI expertise. The technology platform is positioned to integrate with client compliance operations rather than serve as a standalone product. The firm operates as a limited liability partnership with no external institutional ownership, co-managed by Florio and James Leahy (former CFO of Marathon Asset Management), and is structurally integrated with Orical LLC and Real World Compliance LLC.

The business model is professional services delivery through outside counsel relationships, generating revenue via retainer arrangements for ongoing counsel and transactional fees for specific matters such as fund formation, regulatory examinations, and enforcement defense. The go-to-market is enterprise field sales through direct relationship development with institutional alternative asset managers; marketing is limited to a professional LinkedIn presence and the firm website. Distribution is entirely direct, with no intermediaries, and pricing is quote-based and negotiated per engagement. The firm serves clients from a single New York headquarters at 641 Lexington Avenue.

Name

Florio Leahy

Legal name

Florio Leahy LLP

Website

https://florioleahy.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Florio Leahy LLP is a New York-based boutique investment management law firm founded in 2010, providing full-service legal and regulatory counsel to over 100 alternative asset managers and institutional investors across fund formation, regulatory examinations, enforcement defense, and ongoing compliance matters.

Ownership category

akta.pro rank

Product category

Investment Management Legal Services

NAICS

Professional, Scientific, and Technical Services (54), Management Consulting Services (54161)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Financial Crime, AML/CFT & Sanctions Compliance (BPAHAFAE)

akta.pro secondary industries

Fraud Risk & Financial Crime Controls Advisory (BPAKADAL), Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)

Keywords

• Investment management law
• Fund formation services
• Regulatory defense counsel
• Alternative asset advisory
• Compliance program support

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Legal Services - Retainer and Transaction Fees: The firm provides ongoing legal counsel and transactional services to alternative asset managers, likely through a combination of retainer arrangements for ongoing counsel and fees for specific matters such as fund formation, regulatory examinations, and enforcement defense.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Florio Leahy LLP is a full-service investment management law firm providing legal and regulatory counsel to alternative asset managers and institutional investors. Core offerings span fund formation and structuring, SEC/CFTC/NFA examinations and enforcement defense, ongoing outside counsel and transactional support, business and operational support (including compliance programs and data-privacy/cybersecurity frameworks), and investor representation and operational due diligence. The firm augments its legal services with proprietary compliance technology and regulatory filing tools designed to enhance client compliance and conflicts monitoring.

Product overview

Florio Leahy is a full-service investment management law firm offering a unified portfolio of legal services. The firm provides five integrated practice areas: Fund Formation & Structuring, Examinations & Enforcement Defense, Ongoing Legal Counsel & Transactions, Business & Operational Support, and Investor Representation & Due Diligence. These services are designed to work together to provide comprehensive support to alternative asset managers, from fund formation through ongoing operations and regulatory matters.

Differentiator

Problem solved

Functional benefit

Products and services

• Fund Formation & Structuring Legal services for private-fund formation across asset classes including hedge, private equity, private credit, venture capital, real estate, and fund-of-funds. Covers structuring of GP/management entities, co-investments, SPVs, and feeder funds for alternative asset managers.
• Examinations & Enforcement Defense
• Ongoing Legal Counsel & Transactions
• Business & Operational Support
• Investor Representation & Due Diligence

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Orical LLCcoreStrategic or Co-development PartnerGregory Florio is a Founding Member and James Leahy is a Member of Orical LLC. The firms appear to operate in an integrated manner, with shared team members and complementary legal and compliance technology services. The firm's technology and modernization strategy, as well as compliance operations, are connected to Orical LLC.
• Real World Compliance LLCminorOthersListed as a partner on the careers page alongside Orical LLC. Real World Compliance LLC appears to be a complementary compliance consulting firm.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Ropes & Gray LLP: Global law firm with a leading private investment funds practice advising hedge funds, private equity, and other alternative asset managers on formation, regulation, and transactions. Comparable in serving institutional alternative managers.
• Schulte Roth & Zabel LLP: NYC-based law firm widely regarded as a leading adviser to hedge funds, private equity funds and other alternative asset managers on formation, regulation, and investigations. Closely comparable boutique-to-mid-market alternative investment management counsel.
• Seward & Kissel LLP: NYC-based law firm with a leading investment management practice advising hedge funds, private funds and investment advisers on formation, regulation, and enforcement. Founder Gregory Florio previously worked in its Investment Management division, making it a direct peer and heritage comparison.
• Willkie Farr & Gallagher LLP: NYC-headquartered law firm with a prominent investment management and hedge fund practice advising on fund formation, regulatory examinations, and securities enforcement. Comparable as a top-tier alternative asset manager counsel.
• Dechert LLP: Global law firm with one of the largest dedicated alternative asset management practices, advising hedge funds, private equity and private credit managers on formation, regulatory matters, and fund transactions. Directly comparable in regulatory and fund formation work.
• Akin Gump Strauss Hauer & Feld LLP: Global law firm with a substantial investment management practice serving hedge funds, private equity sponsors, and other alternative asset managers across formation, compliance, and enforcement defense. Comparable in client base and practice mix.
• Sidley Austin LLP: Global law firm with a prominent Investment Funds group advising advisers and private funds on formation, registration, and compliance. Founder Gregory Florio practiced in its Investment Funds Group, positioning it as a direct peer and benchmark for technical sophistication.
• Cadwalader, Wickersham & Taft LLP: Historic NYC-based law firm with a longstanding investment management practice advising hedge funds, private funds, and advisers on formation, regulatory, and trading matters. Closely comparable in serving institutional alt managers.
• Stroock & Stroock & Lavan LLP: NYC-based law firm with a substantial investment management and financial services regulatory practice serving hedge funds, private funds, and investment advisers. Comparable as a mid-market alternative investment management counsel.

Broad incumbents

• Eversheds Sutherland: Global law firm with a broad investment management and financial services regulatory practice advising advisers, broker-dealers, and fund managers. Comparable as a broader incumbent offering overlapping alt-manager regulatory and fund formation services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/florio-leahy-llp

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Florio Leahy