Biography
Peter J. Shea is a partner in the Investment Management Group at Seward & Kissel.
Peter advises a wide range of financial services clients, including exchange-traded funds, exchange-traded commodity pools, exchange-traded physically-backed commodity products (e.g., precious metal exchange-traded products), closed-end funds (exchange traded and privately offered), mutual funds, interval funds, periodic tender offer funds, fund of funds, fund of hedge funds, insurance-dedicated funds, alternative strategy and asset products, business development companies and hedge funds.
Peter also represents investment advisers, commodity trading advisers, commodity pool operators, broker-dealers and independent fund directors. Peter’s practice involves the structuring, design, formation and on-going representation of ETFs, investment companies, commodity pools and private funds, including registration and exemption from registration of fund share offerings.
Peter has extensive experience obtaining exemptive orders and no-action relief from the SEC and the CFTC on behalf of funds, advisers and other industry participants, including exemptive orders and no-action relief for ETFs, affiliate transactions and manager of mangers orders, for the successful operation of various fund products and their advisers. His experience also extends to structuring fund products to avoid investment company status, including hedge funds, private equity funds, venture capital funds, REITs and asset-backed securitizations.
Peter also represents buyers and sellers of investment management businesses, including the acquisition and sale of ETF and mutual fund sponsors, which often involve fund shareholder proxy solicitations for, among other things, approval of changes in control of a fund’s adviser, changes in investment strategies and the election of new directors.
Peter also represents clients during regulatory inspections and examinations and assists them in developing regulatory compliance regimes, including conducting mock compliance reviews. Before entering private practice, Peter served as a staff attorney in the Division of Enforcement of the Securities and Exchange Commission.
Peter serves as a member of the American Bar Association’s Business Law Section Committee on Federal Regulation of Securities as well as the Association of the Bar of the City of New York. He is a member of the Association of Securities and Exchange Commission Alumni. He speaks and writes frequently on a range of topics including asset management, investment funds, derivatives, ETFs, and SEC reporting and compliance.
Capabilities
Areas of Focus
Credentials
Education
The University of Pennsylvania Carey Law School
- J.D., 1988
The College of William and Mary
- B.A., 1982
Bar Admissions
- New York
Areas of Focus
Credentials
Education
The University of Pennsylvania Carey Law School
- J.D., 1988
The College of William and Mary
- B.A., 1982
Bar Admissions
- New York