Image of Paul Schreiber

Paul Schreiber

Of Counsel

Email

pschreiber@aoshearman.com

Phone

+1 212 848 8920

Offices

New York

V-CARD

Paul, who founded the Investment Funds practice over 30 years ago, currently serves as a senior member of the Investment Funds practice.

He has over 40 years of experience representing both U.S. and foreign public and private investment companies, their sponsors, advisors, directors, underwriters and administrators in all their registered fund formations as well as regulatory aspects of fund and investment advisory operations, including new product development. Paul particularly prides himself on playing a key role in some of the most innovative and transformative investment products, including several currently in various stages of development. Paul serves as counsel and a trusted advisor to senior executives and founders of substantial business enterprises. He recently completed his term as Vice-Chairman of National Philanthropic Trust and continues as a Trustee.

Paul regularly represents fund management organizations, independent fund boards and family offices.

Expertise

Industries

Experience

Representative matters

  • SkyBridge Capital as its dedicated fund counsel since its inception in 2002, including advising on the launch of the SkyBridge Multi-Adviser Hedge Fund Portfolios LLC, one of the first and now the largest registered fund of hedge funds. This Fund effectively pioneered the 'SEC registered funds of hedge funds' as an asset class. Providing ongoing investment, regulatory, registration and compliance advice, including assisting in its periodic billion dollar share registrations.
  • Torchlight Investors LLC and its funds, including Torchlight Debt Opportunity Funds I, II, III, IV and V, Torchlight CMBS Value Fund, Inc. and Torchlight Value Fund Master, LLC.
  • Miller/Howard Funds in the organization and IPO of its closed-end fund, and the organization and launch of its open-end funds as well as the continued representation of the funds and their boards on all legal, regulatory and compliance matters.
  • First Eagle Funds as their dedicated fund counsel, including in connection with their shareholder vote process (which included a regulated proxy campaign) in connection with the sale of their investment adviser to a Blackstone-led private equity consortium. This was the largest asset management industry deal in 2015, measured by deal value.
  • Various domestic and offshore "private equity" funds including LBO, infrastructure and venture capital funds as well as multiple real estate-oriented private equity funds, including Shorenstein Investment Partners V, VI, VII, VIII, IX, X and XI, among others.
  • Perella Weinberg in its expansion into the US mutual fund space, including the launch of its American Century joint venture with a group of multi-manager "liquid alts" products.
  • General Electric Co. in connection with its $485 million sale of GE Asset Management to State Street Global Advisor, the world's third largest asset manager.
  • Major investment banks and both non-U.S. and U.S. issuers in analyzing and structuring their ability to obtain exceptions and exemptions under the U.S. Investment Company Act of 1940 for purposes of facilitating securities issuances within the United States.

Pro bono

  • Represents The ImPact which was launched in 2016 by a group of visionary families committed to aligning their assets with their values. Their purpose is to improve the probability and pace of solving social and environmental problems by increasing the flow of capital to investments that generate measurable impact.

Speaking Engagements

  • Lectured and written extensively on the Investment Company Act of 1940, ERISA, securities and other financial issues

Leadership Positions And Professional Affiliations

  • Member, American Bar Association and its Committee on Commodities Regulation, Corporation and Banking and Business Law Section since 1978

  • Member, New York State Bar Association and the International Bar Association

  • Member, Federal Bar Association

  • Member, Board of Trustees, National Philanthropic Trust

     

Recognition

“Provides all the technical expertise and diligence necessary to get each job done efficiently”
The Legal 500, 2016

Awards

  • Recognized in “Investment Fund Management” for “Alternative/Hedge Funds” and “Mutual/Registered/Exchange-Traded Funds”, The Legal500 U.S.
  • Repeatedly named in Best Lawyers in America, Who’s Who in American Law, Who’s Who in America and Who’s Who in the World
  • Endorsed by Practical Law Company Which Lawyer and named in U.S. Legal 500 (2016)

Qualifications

Admissions

Attorney-at-Law, New York

Academic

B.S., CUNY, City College, 1963

J.D., Law, New York University, 1966

LL.M., New York University, 1967

Languages

Polish, French
Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.