Ropes & Gray’s Asset Management Practice Commences 2020 with Addition of Two Experienced Counsel
Global law firm Ropes & Gray today announced that Egan M. Cammack and Laura M. Hirst have joined the firm’s asset management practice as counsel in Boston. Ropes & Gray’s bench of 300 asset management attorneys is described by clients in Chambers & Partners as a “deep bench of fund lawyers that have done and seen just about everything in the industry.” Law360 recently named the practice a 2019 “Fund Formation Group of the Year.”
Laura, who has practiced in the United States, London and Hong Kong, is an experienced adviser to asset managers. She represents global asset management firms on the establishment and management of private investment vehicles, including hedge funds, credit funds, collective investment funds and other private funds, as well as regulatory compliance matters. She has comprehensive asset management experience, having advised clients on open- and closed-end funds and transactional matters. Laura also guides clients in regulatory matters under the Advisers Act, the Securities Act of 1933, the Securities Exchange Act of 1934, the Commodity Exchange Act and FINRA rules, among others.
Laura joins Ropes & Gray today from another leading law firm. She also has extensive in-house experience at two prestigious asset managers, most recently serving as counsel at Wellington Management Company. She also previously served as a senior business lawyer at Columbia Threadneedle Investments in London.
Egan has extensive experience in derivatives matters, as well as general fund and advisory legal and regulatory matters. As part of her practice, Egan regularly negotiates derivatives documentation, including ISDA Master Agreements and Master Repurchase Agreements, as well as futures, options and clearing agreements. She also has deep knowledge of credit issues arising in connection with derivatives trading, as well as derivatives regulatory matters under the Dodd-Frank Act, the Commodity Exchange Act, the Advisers Act, the Securities Act of 1933 and the Securities Exchange Act of 1934.
Egan rejoined Ropes & Gray in January, having spent over a decade at Convexity Capital Management as associate legal counsel. Before Convexity, Egan spent five years as an associate at Ropes & Gray, where she began her legal career.
“Our asset management practice had a very strong year in 2019,” said Bryan Chegwidden, partner and global head of Ropes & Gray’s asset management practice. “Laura and Egan will add senior-level depth in two of our fastest-growing areas: private funds and derivatives.”
“Laura is a highly skilled and nimble funds practitioner, with flexibility between fund formation, regulatory issues and transactional matters,” said Leigh Fraser, Ropes & Gray asset management partner and private funds specialty group co-head. “She has played leading roles in engagements on behalf of some of the industry’s most sophisticated players, pairing this with in-house knowledge. We are pleased to welcome her to the practice.”
“2020 is a significant year for players in the derivatives and commodities space, with new regulatory requirements continuing to be implemented under the Dodd-Frank Act,” said Deborah Monson, asset management partner and derivatives and commodities specialty group head. “In one of the most complex fields of asset management law, Egan is a rare top-talent attorney who is well known and highly regarded in this niche market. We are delighted that she has rejoined the firm.