Mark A. Quade

Mark Quade represents mutual funds, ETFs and closed-end funds, along with their investment advisers and boards of directors, on regulatory, governance, operational and transactional matters under U.S. securities laws. 

Mark counsels registered funds and their investment advisers on fund formation and registration, ongoing and evolving regulatory compliance matters, service provider and operational matters, board of director engagement, and fund reorganizations and other transactional matters. He advises them on fund formation and transactional matters from the planning phase through structuring of the fund or transaction, investment strategy, risk and other disclosure matters, SEC filings and responding to SEC comments, and negotiating service provider agreements. He also advises clients with respect to compliance matters, including ongoing and evolving regulatory requirements and amending compliance practices and policies to address changes in regulations and clients’ business practices. He counsels fund and adviser clients on their engagements with fund boards.  

Mark also counsels fund boards and independent directors on governance matters and their fiduciary duties under state and federal law. He advises boards and independent directors regarding oversight of funds’ investment advisers and other service providers, fund performance and risk management oversight, and consideration of fund transactions, product proposals and the annual review of investment advisory and other agreements.  

Focused on understanding clients' business objectives and constraints, Mark delivers practical solutions by identifying material issues and collaborating with clients, service providers, and other stakeholders. Mark's advice is based on his nearly 20 years of experience in the investment management industry, including prior in-house roles with a registered investment adviser and a fund service provider. 

Experience

• Co-led a team on the formation of a turnkey platform for closed-end interval funds managed by unaffiliated investment advisers. Identified, interviewed and recommended independent trustee candidates to serve on the fund platform’s board, helping form a board with diverse skills and experience. Advised the board and management regarding fund governance structuring, implementation of policies and procedures, and operational matters in order to maximize operational efficiencies across the platform.