David Selden, a legal expert in private investment vehicles, has recently joined Cooley LLP’s fund formation practice group as a partner in New York, a move that adds significant depth to the firm’s capabilities. The addition of Selden, which was announced last Thursday, follows a trend of global law firms expanding their fund formation teams in an high activity market.
Selden has spent his career advising financial institutions, fund sponsors, institutional investors, and investment advisers on fund offerings. From management company structure to bespoke products and managed accounts, his legal counsels have been essential to numerous key stakeholders in the financial sector.
Prior to joining Cooley, Selden led the alternative investment funds legal practice in the UK for PricewaterhouseCoopers. His expertise in alternative investment funds will likely prove valuable to Cooley’s clients, lending depth to its existing legal offerings.
Cooley’s fund formation group, bolstered by talents like Selden, hopes to navigate challenges and seize opportunities in the fast-changing market dynamics. With a focus on private investment vehicles, this signals Cooley’s dedication to providing comprehensive legal services to investors, fund sponsors, and investment advisers amid the evolving regulatory landscape.
Without a doubt, Selden’s arrival at Cooley illustrates the active reshaping of the legal landscape in New York. It serves as one of the noticeable movements among legal professionals in major law firms, signalling the dynamic nature of the legal field in responding to the changing needs of the investment community.
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