Investment Funds and Investment Banking in Washington
2400 NW 80th St #194, Seattle, 98117-4449
Riley PLLC is a boutique law firm that provides specialized legal representation to the investment management community, including both asset managers and institutional investors. We identify legal solutions for our clients so they can focus on what matters most to them: investment performance.
Riley PLLC counsels clients on a wide range of complex and routine investment management matters, including investment manager and fund formation, fund governance and operations, regulatory and compliance issues, risk management, investor communications and relations, and general corporate matters. The firm also advises professional investors on legal due diligence, regulatory and compliance issues and other investment-related legal issues. Our client base includes asset managers from all stages of development - from emerging managers seeking seed capital to established managers with assets under management of $50 billion or more.
Our clients include institutional investors such as endowments and foundations, family offices, funds of funds, pension funds, and others; established and emerging investment managers who manage hedge, private equity, real estate, debt, venture capital and specialty private investment funds; and other financial institutions and corporations. We provide legal expertise to both U.S. and offshore clients on domestic and cross-border financings and other transactions.Show more +
David Riley represents institutional investors and private investment fund managers on a wide variety of matters. Over the years, his clients have raised, invested or managed capital in excess of $100 billion. He works with clients throughout the United States, as well as those based in Europe, Asia and Latin America.
David’s fund management clients come from across the spectrum of asset classes, including closed-ended venture capital, buyout, real estate, debt and distressed asset funds, and open-ended hedge funds with strategies such as equity long-short, arbitrage, fixed income, multi-strategy, convertible arbitrage, real estate opportunity, distressed debt and other distressed assets, commodities and global and regional equity and debt. He advises fund managers regarding all aspects of their operations and life cycles. This includes fund formation; creating and maintaining “upper tier” management entities and management team compensation; regulatory compliance, including the Securities Act, the Exchange Act, the Investment Company Act, the Investment Advisers Act, the Commodity Exchange Act, ERISA and other relevant statutes; brokerage, custodial and other service provider arrangements; credit facilities, including subscription and capital call lines; acquiring, maintaining and disposing of portfolio investments; employee and consultant issues; succession planning; and strategic transactions.
David’s institutional investor clients include endowments, foundations, family offices, funds of funds, pensions and financial institutions. He advises his institutional clients on various matters, including investments in closed-ended and open-ended funds, co-investments and direct private equity investments; anchor and seed investments in fund managers and private investment funds; managed accounts and “funds of one”; reporting and filings under the Exchange Act and other relevant statutes; arrangements with external consultants, discretionary and non-discretionary account managers, brokers, custodians and other service providers; pay-to-play rules, insider trading policies, gifts policies, cybersecurity requirements and other compliance matters; communications with, and obligations to, participants and accountholders; personnel onboarding and termination; and other issues.Show more +