Michael L. Sherman’s practice focuses on counseling investment advisers (including advisers to hedge funds), investment companies, business development companies and other financial institutions in regulatory, corporate and compliance matters.
Much of his work involves helping clients with issues related to investment adviser registration, compliance policies and procedures, marketing and advertising (including Global Investment Performance Standards), investment company status questions, and regulatory issues and examinations.
Mr. Sherman has assisted advisers specializing in non-standard asset classes such as CLOs (collateralized loan obligations), real estate and tax credit with applying the Investment Advisers Act and the Investment Company Act to their unique businesses and vehicles – recently he has advised on matters arising in connection with the new risk retention rules for CLO sponsors.
A frequent speaker at industry conferences on subjects related to Investment Advisers Act compliance, regulation and examinations, Mr. Sherman was “highly recommended” in the 2014 edition of The Legal 500 (US) in the area of mutual/registered funds.
American University, B.A., 1998, cum laude
Vanderbilt University Law School, J.D., 2001, Associate Authorities Editor of the Vanderbilt Journal of Transnational Law