Co-Managing Partner, Cole-Frieman & Mallon LLP
Director of Technology Advisory Services, Cohen & Company
Co-Managing Partner, Cole-Frieman & Mallon LLP
Lewis is a partner in Harneys’ Investment Funds Department. He advises on a variety of Cayman Islands and British Virgin Islands funds matters, including advising United States, European and emerging markets managers on the establishment of new funds and the restructure of existing funds as well as advising managers and funds subject to, or affected by, litigation.
He spends most of his time in North America and is based in Vancouver, British Columbia. He is admitted to practice Cayman Islands and British Virgin Islands law and has also been issued a practitioner of foreign law permit by the Law Society of British Columbia in Canada. Lewis is the only person practising Cayman Islands and British Virgin Islands law in the Pacific time zone.
Lewis is also a senior editor of The Offshore Funds Blog, a Harneys blog dedicated to explaining how offshore funds work and why investment managers use them. Lewis is recommended by IFLR 1000 and Legal 500.
Prior to co-founding Cole-Frieman & Mallon LLP, Karl Cole-Frieman was General Counsel and Chief Compliance Officer of Standard Pacific Capital, LLC ("Standard Pacific"), an SEC registered hedge fund manager in San Francisco with offices in New York, Hong Kong, and a sub-advisor in Tokyo. In addition to managing the Legal and Compliance Departments at Standard Pacific, Karl was also responsible for Human Resources, IT, General Administration, as well as certain operations and strategic matters for Standard Pacific's credit strategy. Before joining Standard Pacific, Karl was Associate General Counsel of Sagamore Hill Capital Management, L.P., a multi-strategy hedge fund in Greenwich, Connecticut, with an office in London. Prior to that, he was Vice President and Associate General Counsel at JPMorgan Chase & Co. ("JP Morgan"), where he was lead counsel for Loan Trading and Distressed Debt, and actively involved in the Loan Syndications and Trading Association. During his tenure at JPMorgan and predecessor firm, Hambrecht & Quist, Karl also supported the M&A, Corporate Finance and Private Equity Groups. He began his career in 1997 as an Associate in the Litigation Department of Shearman & Sterling.
Karl lives with his wife, Wanda, and twins, Isaac and Taylor, in Oakland, CA, where he enjoys running and biking, and is a Crossfit Level 1 Trainer.
Will specializes in providing coordination and oversight of audit plans, as well as training for audit managers, staff and seniors involved with cryptocurrency funds. Will’s diverse client base includes hedge funds, fund of funds, offshore funds and private equity funds.
With a career spanning more than 20 years, Will serves as a technology consultant to clients on issues ranging from information technology security and controls, to big data and artificial intelligence, to cryptocurrency funds. He leads the team that designs customized systems for clients, including producing investment portfolio statements, creating Schedule K-1 packages and checking transactions for conflicts of interest to support Section 206(3) of the Investment Advisers Act of 1940.
In the cryptocurrency space, Will has been instrumental in helping the firm design and implement programs to audit and support these specific funds. He also works with cryptocurrency managers and their service providers to help ensure their operations are set up properly from a technology and controls perspective. Will’s experience and insight on cryptocurrencies has allowed him to become a regular presenter to advisers, institutional investors and family offices on topics that include operational issues for cryptocurrency funds, bid data, artificial intelligence and data privacy.
Mr. Mallon is a Co-Managing Partner and co-founder of Cole-Frieman & Mallon LLP, a boutique law firm focused on the investment management industry. The firm provides comprehensive legal support to investment managers and the practice supports both emerging and well established managers. Mr. Mallon’s practice is focused on the legal, regulatory and compliance aspects of launching pooled investment vehicles domestically and offshore. He also works with established managers on all aspects of their business including counterparty documentation, investor matters, employment and routine business matters. Many firm clients are focused on non-traditional strategies including investment in the cannabis sector, use of AI in a trading strategy and investment into cryptocurrency and other digital assets.
In addition to regular speaking engagements, Mr. Mallon also created and maintains the prominent industry legal blog – Hedge Fund Law Blog. Mr. Mallon has a BA from the University of Washington and a JD from Emory University School of Law and lives in San Francisco.