Fri, 04/03/2016 - 16:08
Stradley Ronon has opened an office in Chicago with the hiring of former K&L Gates Partners David P Glatz and Alan P Goldberg, both of whom join the firm as partners in the investment management group.
In addition to the Chicago-based partners, Eric S Purple and Nicole Trudeau, both previously partners at K&L Gates, have joined Stradley Ronon’s Washington DC office as partners in the investment management group.
With these additions, Stradley Ronon’s investment management practice now has 60 dedicated professionals representing registered investment companies, including open-end funds, closed-end funds, interval funds, exchange-traded funds (ETFs) and unit investment trusts (UITs). The group is one of the premier investment management practices in the United States, representing investment company clients with more than 1,000 separate funds and assets under management approaching $2 trillion, including several of the top 10 investment company complexes in the country by assets under management.
“David, Alan, Eric and Nicole’s practices are a tremendous complement to our investment management group and enhance our subject matter expertise in critical areas such as exchange-traded funds and closed-end funds,” says Bruce G Leto (pictured), Chair of Stradley Ronon’s Investment Management Practice. “Our new colleagues are highly regarded in the investment management industry and their addition will help perpetuate the firm’s 80-year history of innovation in this area.”
“We have long admired and respected Stradley Ronon, particularly its highly regarded investment management group and its collegial culture, and are thrilled to join such a well-respected and talented group of attorneys,” says Goldberg, Partner-in-Charge of the Chicago office. “Stradley provides us with a tremendous platform to support our practices, and we know this move will be beneficial to our clients who value sophisticated legal advice from pragmatic, industry-savvy attorneys.”
The Chicago office opening marks Stradley Ronon’s first location outside the mid-Atlantic region and its eighth office overall. The location is close to several large firm clients, allowing the firm to provide on-the-ground service in the Midwest in the investment management industry and other areas.
“Given the success and leadership that Bruce’s team has established in the industry, it was an easy decision to open in Chicago. Our Managing Partner Jeff Lutsky and Executive Director Gillian Facher put forth an incredible effort to complete the transaction in record time,” says Stradley Ronon Chairman William R Sasso. “Our new geographic footprint deepens our existing capabilities by adding to the strength of our robust investment management group and allowing us to expand other practices such as commercial litigation, corporate and securities, financial services, insurance, intellectual property, and securities enforcement and litigation into the Midwest.”
“Our expansion into Chicago is an integral part of our strategic plan to grow in regions and practice areas that complement our existing services and strengths, but more importantly, to add value to our clients,” says Stradley Ronon Managing Partner Jeffrey A Lutsky.
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