Michael P. Malloy counsels a wide range of national and multinational financial institutions. He has significant experience in a diverse practice in investment company and investment adviser matters, corporate law, securities and finance and day-to-day business matters of corporations, partnerships and business trusts, including public and private securities offerings. Mike is a partner in the nationally ranked Investment Management Practice Group.
Mike has been consistently selected as a leading mutual fund lawyer by Chambers USA and The Legal 500. He is described by clients as an attorney who "understands the boardroom and the industry very well." He "can always be counted on to provide responsive, practical, reasonable and well-thought-out advice." He has established an "excellent level of professional chemistry" with his clients, and "demonstrates outstanding business judgement." Mike is well-versed in both regulatory and practical issues, and is able to "explain complicated issues in a simple, understandable manner." His guidance "is always on the mark" and "his ethics are beyond reproach." Sources describe Mike as "a calming influence," and report that "his philosophy is that there shouldn't be any surprises in the boardroom." He "is a great lawyer" who is "extremely knowledgeable" and "is well known in the industry."
Mike has extensive experience in organizing, counseling and reorganizing open- and closed-end investment companies. He has experience with proprietary and private label funds, multimanager funds, single and multi-series funds, single and multiclass funds, master-feeder funds, registered funds of hedge funds, exchange traded funds, and business development companies. Mike serves as independent counsel to independent directors, advising them on a broad range of issues and matters. He has also worked closely with regulators.
Mike’s practice also focuses on advising domestic and offshore private funds and private equity funds in planning, funding and structuring strategies (including the associated documentation and agreements) and in their day-to-day operations.
Mike has experience with the organization, day-to-day operations and mergers of investment advisers. He counsels them on a wide range of matters, including investment, regulatory and compliance issues such as SEC investigations and inspections, compliance policies and procedures, contract reviews, advertising, soft dollars, trade allocation and valuation of securities.
Chambers USA, Nationwide, Investment Funds: Registered Funds (2012–2019)
Leading Lawyer, Legal 500 (2017-2018)
Best Lawyers®, Mutual Funds Law (2020)
Awards Methodology (www.drinkerbiddle.com/content/awards)
Michael Malloy is highlighted for his work with the independent directors [of] funds, in particular those listed on exchanges. Clients appreciate that he is ‘very knowledgeable of the ’40 Act, always on top of the hot issues and all legal requirements and great to work with.’Chambers USA (2019)
Michael Malloy is valued for his experience advising a diverse array of open and closed-end investment companies. He also advises the independent trustees of funds on matters such as new fund launches.Chambers USA (2018)
- Boston College Law School, J.D., 1984, cum laude, Boston College Law Review – Editor
- Boston College, B.A., 1981, summa cum laude
- American Bar Association, Business Section
- Philadelphia Bar Association (Past co-chair Investment Companies Committee)
- Mutual Fund Directors Forum, Advisory Board