As head of Davis Polk's Investment Management Group, Nora Jordan advises clients on collective investment vehicles, including hedge funds, mutual funds, closed-end funds and private equity funds. She acts as counsel to the adviser, the fund or the independent directors, depending on the client. Many of her matters involve advising clients concerning compliance with the Investment Company Act and Investment Advisers Act.
Ms. Jordan also provides exemptive advice concerning the Investment Company Act for industrial holding companies and non-U.S. trading companies, banks, insurance companies and other financial institutions. She has worked on a number of internal investigations involving asset managers and has also worked on a number of acquisitions, reorganizations and structurings of asset managers.
Ms. Jordan frequently provides advice to financial institutions that have affiliated asset managers and broker-dealers. Principal and agency transactions between asset manager clients and broker-dealers are highly regulated, and she provides advice on these regulations as well as other regulations affecting private funds, advisers and mutual funds.
WORK HIGHLIGHTS
Representations
- SPDR and other ETF Trusts sponsored by NYSE Euronext
- The Nomura Partners Funds, a mutual fund complex
- The boards of directors of a complex of registered funds (almost $2 billion) that invest in hedge funds
- Compliance and regulatory advice to some of the largest hedge funds in the United States
- Morgan Stanley in its sale of its retail investment management business
- Citi in the creation of a new joint venture with Morgan Stanley, Morgan Stanley Smith Barney
- Putnam in its acquisition by Great-West Lifeco
- ABN AMRO asset management business in its sale to Fortis Investments
- Morgan Stanley in its investments in various hedge fund managers (Avenue Capital Group, Lansdowne Partners, FrontPoint Partners), as well as its merger with Dean Witter
- J.P. Morgan's investment in American Century, as well as its merger with Chase Manhattan Bank
RECOGNITION
Listed as a leading fund lawyer in several legal industry publications, including:
- Chambers Global: The World's Leading Lawyers for Business
- Chambers USA: America's Leading Lawyers for Business
- Legalease's The Legal 500 (United States)
- IFLR1000: The Guide to the World's Leading Financial Law Firms
- Legal Media Group's Expert Guide to the World's Leading Private Equity Lawyers
- Euromoney's Guide to the World's Leading Women in Business Law
- American Lawyer's "45 under 45" Rising Stars of the Corporate Bar (2003)