Carla G. Teodoro

CARLA TEODORO is a partner in the Investment Funds practice in the New York office, with extensive knowledge of the registration and exemptive provisions of the Investment Company Act of 1940. She frequently consults on Investment Company Act status questions for global holding companies, U.S. and non-U.S. banking entities, and other types of enterprises, particularly in connection with various types of securities offerings, bank financings, and regulatory restructurings. She has also worked on a variety of transactions — as fund, investor, or underwriters’ counsel — involving mutual funds, closed-end investment companies, and private funds, including initial public offerings, debt offerings, secondary transfers, asset acquisitions, and mergers.

Carla has extensive experience advising on all aspects of fund operations. Her practice includes representation of U.S. and foreign investment companies, and trustees; SEC registration, exemptions, and examinations for funds; board and governance matters; and corporate transactions involving asset management businesses. She also serves as independent counsel to independent trustees of U.S. registered investment companies.

Carla’s experience includes representing:

• Juventus Football Club S.p.A. on the successful private placement of its €150 million bond issuance.
• Major financial institutions, hedge fund, private equity funds, and other issuers on Investment Company Act status question for purposes of facilitating securities issuances within the U.S.
• U.S. registered investment companies, including mutual funds and closed-end funds, in connection with their organization and registration under U.S. securities laws
• Puerto Rico-domiciled registered investment companies, including mutual funds and closed-end funds, in connection with their migration from prior exemption from U.S. securities law requirements, to registration under U.S. securities laws
• Independent trustees of U.S. registered investment companies while serving as independent counsel
• Major asset managers in acquisitions of investment management business and/or registered fund complexes of other large financial institutions
• SEC-registered funds of hedge funds, including fund formation and negotiating distribution agreements with major underwriting firms
• A large financial services company in connection with a proposed asset acquisition of the investment management division of a major U.S. banking entity

Carla is a member of the American Bar Association.