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Shearman & Sterling LLP

599 LEXINGTON AVENUE, NEW YORK, NY 10022-6069, USA
Tel:
Work +1 212 848 4000
Fax:
Fax +1 212 848 7179
Email:
Web:
www.shearman.com

Andrew (Buddy) Donohue

Tel:
Work +1 212 848 7012
Email:
Shearman & Sterling LLP

Work Department

Investment Funds

Position

Of Counsel

Career

Andrew J. Donohue, widely known as Buddy Donohue, has more than 40 years of experience in both senior government and private sector roles, having most recently served as SEC Chief of Staff to Chair Mary Jo White (2015-2017). He is best known for his service as Director of the SEC’s Division of Investment Management (2006-2010) (where he was effectively the most senior regulator for the U.S. funds industry), Global General Counsel at Merrill Lynch Investment Managers (2003-2006), Executive Vice President and General Counsel at OppenheimerFunds Inc. (1991 – 2001) and Investment Company General Counsel at Goldman Sachs (2012-2015).

Buddy has been an officer, director and counsel for numerous investment advisers, broker-dealers, commodity trading advisers, transfer agents and insurance companies, and has served on the boards of business development companies, registered open-end funds, closed-end funds, exchange traded funds, Cayman funds and Dublin- and Luxembourg-based UCITS. He has also served as Chairman of the ABA Investment Companies and Investment Advisers Subcommittee, and as an Editor of the ABA Guide for Fund Directors.

Buddy is an acknowledged and highly respected thought leader within the industry, having published, lectured and delivered talks on a variety of investment fund topics. He currently is also an Adjunct Professor teaching investment management law at Brooklyn Law School.

Member

  • Adjunct Professor, Brooklyn Law School
  • Independent Director, Oppenheimer Funds (Denver Board)
  • Member, American Bar Association, Investment Companies and Investment Advisers Subcommittee
  • Member, American Bar Association, Hedge Fund Subcommittee
  • Member, Federal Bar Association, Executive Council
  • Member, New York State Bar Association, New Jersey State Bar Association, New York County Lawyers Association and Association of the Bar of the City of New York
  • Member, Association of Securities & Exchange Commission Alumni (ASECA)
  • Member, Board of the Mutual Fund Directors Forum

Education

New York University School of Law, J.D.
Hofstra University, B.A., cum laude with "high honors" in Economics


United States: Investment fund formation and management

Alternative/hedge funds

Within: Alternative/hedge funds

Shearman & Sterling LLP's 'highly professional' team is noted for its 'deep understanding of the business issues at hand'. Practice head Sean Finley ('intelligent, measured and thoughtful') advises start-up fund manager BlockTower Capital Advisors on formation and regulatory issues regarding investment in cryptocurrency assets. Of counsel Paul Schreiber continues to advise Shenkman Capital Management on regulatory matters. Other key names include Nathan Greene and of counsel Buddy Donohue. Additional clients for the New York-based group include Maverick Capital Management and TRG Management.

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Mutual/registered/ exchange-traded funds

Within: Mutual/registered/ exchange-traded funds

At Shearman & Sterling LLP, the team is noted for its strength in assisting independent boards and managers with the gamut of mutual funds matters. Jay Baris and Nathan Greene ('true stand-outs on mutual fund board matters', according to clients) advise Victory Funds and its trustees on registered funds and ETF matters, including the acquisition of Harvest Volatility Management and USAA Asset Management in two separate transactions. Greene provides ongoing advice to First Eagle Funds, which manages $111bn. Other key lawyers include of counsel Paul Schreiber and of counsel Buddy Donohue. Other clients include SkyBridge Capital, Aberdeen Investment Funds and the independent trustees of Blackstone.

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