December 9, 2022

Volume XII, Number 343

Mark P. Goshko

Mr. Goshko is a partner in K&L Gates' Boston office.  He focuses his practice on investment management law, including the representation of registered open- and closed-end investment companies, investment company directors, unregistered hedge funds and other private investment vehicles, investment advisers, broker-dealers and banks.  He deals regularly with the SEC, the FINRA, the Commodity Futures Trading Commission, the National Futures Association, the New York Stock Exchange and other regulatory agencies and organizations. 

In the registered investment company area, Mr. Goshko serves as the lead partner in representing several mutual fund complexes of varying size.  He assists these fund complexes in creating a wide variety of investment company products, including many innovative products such as registered funds of hedge funds and funds targeted to investors with certain expected retirement dates.  He regularly obtains SEC exemptive orders and no-action letters on behalf of investment company clients.  Over the past several years, he served as lead partner in over 50 closed-end fund offerings of common and preferred stock that raised over $30 billion in new assets under management for the sponsoring advisers.  Mr. Goshko has extensively assisted investment companies in implementing new compliance programs and other regulatory requirements.  As counsel to independent directors, Mr. Goshko advises several investment company boards, concerning a wide range of ongoing developments in fund governance and oversight, including those imposed by the Sarbanes-Oxley Act and several new SEC rules.

Mr. Goshko counsels hedge funds and their advisers on a broad range of issues, including structuring options, offering requirements, drafting of organizational and offering documents, tax optimization strategies and compliance with regulatory requirements, including those under the Investment Company Act, the Investment Advisers Act, the Commodity Exchange and ERISA.  Mr. Goshko has extensive experience working with both onshore and offshore hedge funds, as well as a variety of master-feeder funds and funds of funds.  His hedge fund manager clients range from major national and international financial services organizations to entrepreneurial start-up companies.  Mr. Goshko is also experienced in setting up new operating companies for groups of individuals entering the hedge fund business, hedge fund joint ventures between different firms and arrangements in which hedge fund managers receive an equity stake in hedge fund operations sponsored by their employers.

Mr. Goshko works with registered investment advisers in negotiating management contracts with their institutional clients, and in setting up "wrap," "SMA" and other investment advisory programs.  Mr. Goshko counsels investment advisers, concerning performance advertising, "soft dollars," directed brokerage, trade allocation, solicitation arrangements, and other compliance issues.  Mr. Goshko conducts general and topic focused compliance reviews for adviser clients and represents them in connection with SEC exams and enforcement proceedings.  Mr. Goshko regularly counsels buyers and sellers of investment adviser operations, regarding corporate structuring, regulatory and tax issues.

Articles in the National Law Review database by Mark P. Goshko