Prior to joining the firm, Ashley served as an associate at another global law firm where she advised private fund managers on all aspects of U.S. and offshore private fund formation and ongoing operation. In that role, she structured and launched master-feeder, mini-master, side-by-side, and standalone fund structures; drafted offering memoranda and partnership/operating agreements disclosing and providing for complex allocation, fee, liquidity, and other business arrangements; and represented fund managers in the negotiation of side letters, seed agreements, and other agreements. She also assisted clients with compliance and regulatory questions and inquiries, particularly with respect to the Investment Advisers Act of 1940.
Ashley was previously an investment adviser/investment company securities compliance examiner within the U.S. Securities and Exchange Commission’s Office of Compliance Inspections and Examinations. Based in Boston during her tenure with the Commission, Ashley examined the compliance programs and operations of investment advisers and private and registered funds throughout the New England region.
Prior to law school, Ashley managed the operations of a boutique law firm and fund administrator whose clients were solely start-up private funds and their managers.