Jay B Gould, a leading lawyer representing financial services industry clients, is to join Pillsbury Winthrop Shaw Pittman LLP as a partner.
Gould, who will be based in the firm's San Francisco office, will be joined by associate Michael G Wu.
In joining Pillsbury, Gould reunites his practice with Michael J Halloran, the former general counsel of Bank of America and now a senior partner at Pillsbury.
From 1994 to 1999, Gould was the chief legal counsel of global asset management for Bank of America's mutual fund investment group, the largest in banking at the time.
'I hired Jay at BofA to head up that department,' Halloran said. 'It's terrific to be able to work with him again. He is very experienced in the area of public and private investment funds.'
Gould, who was most recently with White & Case, says he is excited to work with Pillsbury's national and international financial services team to serve both existing and new clients.
'Clients are always looking for innovative investment structures and innovative investment methodologies -- and we can create those for them,' he says. 'We expect to see clients pay even greater attention to those investments in the future, as the level of interest in pooling money in unregistered structures, like hedge funds and private equity funds, continues to rise.'
Already boasting a full-service financial services group, Pillsbury looked to Gould, who has worked with registered investment companies, hedge funds, offshore investment companies, investment advisers, retail and institutional broker-dealers, and municipal bond underwriters, to round out its private investment practice. During his career, Gould has been chief counsel to E*Trade Global Asset Management, Inc, vice president of TransAmerica Life Companies, senior counsel to Bank of America, and an attorney with the Securities and Exchange Commission from 1984 to 1987.
Gould earned his law degree from Catholic University of America, Columbus School of Law, in 1983 and a bachelor's degree from the University of Washington in 1978. He is active in the Bay Area Hedge Fund Professionals, and is a member of the Northwest Hedge Fund Society. He also serves on the Board of Directors of the San Francisco Chapter of the Association for Corporate Growth, and belongs to the Financial Institutions Committee of the California State Bar. He is on the advisory board of the financial services publication, Wall Street Lawyer, and is a frequent speaker at conferences and industry events.
Wu, who has advised US and foreign clients on the organization and offering of private investment funds, also joins the firm's Corporate and Securities Practice. He earned his JD from the University of Minnesota Law School in 2001, and a bachelor's degree from UC Santa Barbara in 1998.
Background notes: Pillsbury Winthrop Shaw Pittman LLP is an international law firm with approximately 900 attorneys in 16 offices, including San Francisco, New York, Washington, DC, Los Angeles and London. In business for more than 135 years, Pillsbury's practice focuses on capital markets and financial services, energy, global sourcing, litigation, real estate, technology, life sciences and communications.
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