K&L Gates Strengthens Asset Management and Investment Funds Practice with Addition of SEC Senior Counsel

15 Februari 2022

New York – Global law firm K&L Gates LLP has added Keri E. Riemer as of counsel in the asset management and investment funds practice. She joins K&L Gates’ New York office from the U.S. Securities and Exchange Commission (SEC), where she served as senior counsel in the division of investment management’s chief counsel’s office.

In her role as senior counsel, Riemer advised various divisions and offices of the SEC, as well as funds, advisers, and operating companies, on matters relating to the Investment Company Act of 1940 and Investment Advisers Act of 1940; reviewed applications for exemptive relief; assessed various legal and policy matters associated with investment adviser reorganizations and advisory agreement assignments; advised on various provisions of the new marketing rule and other newly adopted rules; and worked on drafting proposed and final rules and their related releases. She also analyzed matters relating to special purpose acquisition companies and investment company status issues, provided guidance to senior officers of the SEC in connection with investment adviser fiduciary matters and proxy voting, and was responsible for overseeing notices submitted to the Committee on Foreign Investment in the United States.

Prior to joining the SEC, Riemer served as executive director and assistant general counsel for JPMorgan Chase & Co., where she advised on all matters pertaining to SEC registered funds and provided guidance on investment, trading, compliance and disclosure requirements. Previously, she spent more than a decade in private practice counseling on a variety of investment management matters.

Michael Caccese, K&L Gates Chairman and co-leader of the firm’s asset management and investment funds practice area, commented: “We are thrilled to have Keri join the asset management and investment funds practice group. Her years of industry exposure and on-the-ground SEC experience, having worked on recent SEC rulemaking, will bring invaluable insight and assistance to our creative and sophisticated asset management clients.”

Riemer’s arrival follows the earlier additions of asset management and investment funds partners Jacqueline Duval in New York and Daniel Greenaway in London last year, as well as New York partners Amanda Albert (benefits) and Josh Berick (corporate). They are among more than 110 new partners and of counsel who have joined the firm globally since the beginning of 2020.

The asset management and investment funds practice has more than 50 years of experience in the financial services industry and comprises more than 150 lawyers in Asia, Australia, Europe, the Middle East, North America, and South America. These lawyers provide advice to investment companies and advisers, broker-dealers, emerging managers, and institutional investors across a range of areas, including on investment, hedge, private equity, and real estate funds, regulated funds and exchange-traded products, capital markets and derivatives, ERISA, ESG, and global regulation and distribution, among others.