Hirschler Fleischer announces the expansion of its Investment Management Practice Group with the addition of partner Edward H. Klees. Klees joins Hirschler Fleischer from the University of Virginia Investment Management Company (UVIMCO), where he served as general counsel. Klees will lead the practice group’s representation of endowments, foundations and outsourced chief investment offices. He also will work with investment advisers, such as venture capital fund managers, on matters relating to biotech and medical commercialization, including licensing, technology transfer, joint ventures and startups, and academic consulting.
“Ed’s experience advising one of the nation’s leading institutional investors makes him an incredibly valuable addition to our growing investment management practice, ” said Brian Farmer, chair of Hirschler Fleischer’s Investment Management Practice Group. “His unique skills and perspective will be beneficial not only to our institutional investor clients, but also to manager clients who regularly interact with institutional investors. He also brings a dynamic skillset relating to biotech ventures and academic matters. We are fortunate to have him join our firm in a leadership role.”
Klees focuses his practice on legal and regulatory issues impacting institutional investor operations and governance, investment custody issues, investment legal reviews and negotiations and fund formation. Ed also has past experience representing technology entrepreneurs and startups.
Klees chairs the American Bar Association’s (ABA) Institutional Investors Committee and is a frequent speaker on institutional investment issues at the ABA and other legal and investment conferences. He also serves as a lecturer at the University of Virginia School of Law where he co-teaches a course on private equity and hedge funds. He is the author of “How Safe Are Institutional Assets in a Custodial Bank’s Insolvency?”, the leading paper on bank custody law, and the co-author, with Nobel Prize winner H. Robert Horvitz, Ph.D., of Connecting with Companies: A Guide to Biomedical Consulting Agreements (2nd ed. 2014).
He earned both his undergraduate and law degrees from Columbia University. Ed may be reached at email@example.com and 804.771.9511.
Hirschler Fleischer’s Investment Management Practice Group counsels both institutional investors and investment management firms on the ever-increasing range of structural, financial, legal and regulatory issues that impact their businesses. The group is fortunate to represent some of the leading endowments, pension plans, outsourced chief investment offices and family offices in the United States.
Kristen M. Chatterton