Utilizing a ‘very deep bench with extremely talented, knowledgeable and experienced attorneys’, Stradley Ronon Stevens & Young, LLP represents asset managers and fund boards in the exchange-traded funds market. The firm is adept at supporting industry trade groups in initiatives before the SEC to shape new investment fund rules. It regularly acts for clients in enforcement actions, fund launches and merger deals. Matthew DiClemente, who is located in Philadelphia, focuses on product development, regulation and compliance matters for open- and closed-end funds. DiClemente leads the team alongside Washington DC-based Sara Crovitz and David Grim, who are both well-versed in SEC regulations. In the Philadelphia office, Bruce Leto acts for investment advisors, independent directors and broker-dealers across the spectrum of funds matters. Located in DC, Alison Fuller specializes in securities law matters, particularly around open-end funds and ETFs. Stuart Coleman is an expert in SEC and private litigation.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Stradley has a very deep bench with extremely talented, knowledgeable and experienced attorneys. They are able to address new and innovative issues while at the same time being very responsive.’
‘The individual attorneys that I work with at Stradley are veterans in the industry. I get to interface directly with the firm’s partners on all the issues I work on.'
'Stuart Coleman and David Stephens are 1940 Act experts.’
‘They are always extremely well prepared on specific issues as well as industry matters. Their extensive knowledge and industry experience are invaluable to our Board’s functioning effectively.’
‘Stuart Coleman and David Stephens are exceptional attorneys. They are always well prepared on the subject matters and always knowledgeable on developments in the industry.’
‘The team that Stradley Ronon provides is superb. Stuart Coleman and David Stephens lead the team, and they provide knowledgeable and experienced advice.’
Key clients
- Apollo S3 Private Markets Fund
- The Bank of New York family of mutual funds and their board members
- BlackRock Fixed Income Funds
- Blue Owl Technology Finance Corp. II
- Capital Group
- Commerce Funds
- Dimensional Funds
- Franklin Templeton
- Global X Funds
- Grayscale Investments
- GuideStone Capital Management
- Invesco
Work highlights
Successfully represented two independent mutual fund trustees in a case where the SEC dismissed all charges with prejudice in its first enforcement action under the Liquidity Rule (Rule 22e-4) of the Investment Company Act of 1940.
Led industry-wide efforts seeking exemptive relief from the SEC to permit investment companies to offer both mutual fund and ETF share classes.
Advised on a landmark merger deal involving Blue Owl Technology Finance Corp. II that created the largest software-focused business development company by total assets with over $12 billion of total assets as of December 31, 2024.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Matthew DiClemente; Sara Crovitz; David Grim
Other key lawyers
Bruco Leto; Alison Fuller; Joel Corriero; Michael Mundt; Alan Goldberg; Stuart Coleman; David Stephens