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Margaret A. Niles

Margaret Niles has a domestic and international business transactions practice centering on alternative investments and joint ventures for investors. She focuses on representing public pension funds, university endowments, sovereign wealth funds and other institutional investors in private equity funds, hedge funds, and other commingled funds of all kinds. Margaret also works with bespoke investment vehicles for her clients, such as funds-of-one and separately managed accounts. With her clients, she focuses on all aspects of fiduciary duties in the investment context. Her experience includes significant work on public disclosure requirements and other regulatory matters applicable to institutional investors.

Margaret is nationally ranked since 2019 in the Chambers USA publication for her work in the “Nationwide Investment Funds: Investor Representation” category, and she is recognized in the Best Lawyers in America® publication for her work in private funds.

  • Trustee, Church Pension Fund (multibillion-dollar fund for employees of the Episcopal Church), 2009-2022
    •  Chair, Finance Committee, 2015-2022
    • Member, Investment Committee, 2009-2022
  • Board Member, Endowment for Equal Justice (fund supporting civil legal aid in the State of Washington), 2017-present
    • Treasurer and Chair, Operations and Investment Committee, 2022-present
  • Law Clerk, Hon. Eugene A. Wright, US Court of Appeals for the Ninth Circuit, 1983-84
  • Recognized by Chambers Global for Investment Funds: Investor Representation in the USA, 2024
  • Recognized by Chambers USA for Investment Funds: Investor Representation nationally, 2019-2024
  • Best Lawyers in America®, Private Funds/Hedge Funds Law, 2010-2022
  • Seattle Business Magazine, Best Lawyers in the Business, Private Funds/Hedge Funds Law, 2016
  • “Secondaries and Continuation Vehicles,” Institutional Limited Partners Association (ILPA) 2024 Private Equity Legal Conference, Panelist 
  • “ESG Considerations for Investors; Anti-ESG Law Case Study,” National Conference on Public Employee Retirement Systems (NCPERS) 2024 Annual Conference, Panelist 
  • “The Future of Private Equity Regulation,” Inaugural Private Funds Roundtable, Yale Law School, Duke Law, BYU Law, 2023, Participant
  • “ESG Developments for Managers”, K&L Gates Asset Management and Investment Funds Conference 2023, Panelist
  • “Fund of One; Limited Partnership Agreement,” National Association of Public Pension Attorneys (NAPPA) Winter Seminar 2021, Panelist
  • “ILPA Industry Intelligence: ILPA's 2021 Private Fund Terms Survey,” Institutional Limited Partners Association (ILPA) Summit 2021, Panelist
  • Private Equity Research Workshop, Brigham Young University Law School, September 2021, Participant
  • “Evaluating Fund Economics: Variations in Waterfalls,” Institutional Limited Partners Association (ILPA) Webcast 2020, Presenter
  • “Overview of the ILPA Model Limited Partnership Agreement,” National Association of Public Pension Attorneys (NAPPA) 2020, Panelist
  • “Investor Landmines in a Workout World”, K&L Gates Webinar 2020, Panelist
  • “Don't Go Chasing Waterfalls: Trends in Fund Economic Terms,” Institutional Limited Partners Association (ILPA) 2019 Private Equity Legal Conference, Panelist
  • “Custodian Agreements for Institutional Investors,” National Association of Public Pension Attorneys (NAPPA) 2014, Presenter
  • “Building Bridges” Conferences, Fletcher School of Tufts University and K&L Gates, 2012-2019, 2022, Co-Organizer, Moderator and Panelist


 

Additional Thought Leadership Pages
Additional News & Event Pages
  • "Private-Equity Investors Face Rising Costs and Fees --- Industry's approach to pricing is attracting greater scrutiny from buyers and regulators," The Wall Street Journal, 21 December 2021
  • "Investors warn of diluted protection clauses amid growth of PE funds," FinancialNews.com and TodayUKNews.com, 15 December 2021
  • "Briefing: PE fees under scrutiny," IPE.com (Investments & Pensions Europe), December 2021
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