Karl Paulson Egbert is the co-chair of the Global Investment Funds steering committee and a member of the firm’s Global Derivatives steering committee. Karl oversees a team of lawyers on a wide range of US regulatory, corporate and derivatives matters. Karl has practiced in New York, London, Hong Kong and Washington, DC, working on fund formation, derivatives matters and capital markets transactions.
He is also an adjunct professor of Law at the Georgetown University Law Center.
Karl oversees Baker McKenzie’s U.S. open-end funds and derivatives practices and combines the expertise of various Baker McKenzie groups into his practice. He has significant experience in advising global investment managers with respect to fund formation and negotiation with strategic investors. He also assists international financial institutions and fund managers on a wide variety of regulatory issues, including SEC adviser registration and exemptions, expansion into China and strategic advice in response to crises and anticipation of regulatory initiatives, such as the US fiscal stimulus package, Stock Connect and OTC derivatives reforms.
Karl has been recognized as a leading investment funds lawyer by Chambers Global, which stated: “sources value him as a one-stop shop for assistance or direction and, further praise his willingness to think outside conventional parameters.” He has also been listed in Chambers Asia, where clients noted that “there are few funds lawyers with his level and depth of knowledge – he has the advice on the tip of his tongue.” He has been recognized by The Legal 500 (US) in the area of alternative/hedge funds and by The Legal 500 Asia Pacific for his regulatory work.
Representative Legal Matters
Karl has handled the following matters:
Assisting asset managers with their response to crisis, including market shocks and the COVID-19 pandemic; including reviews of liquidity strategies, business continuity and structuring for strategic investment opportunities.
Acting as global and US counsel to various US, Asian and European private fund launches, including strategic advice relating to seed arrangements and manager compensation.
Advising global institutions with derivatives matters, including ISDAs and Dodd-Frank compliance.
Guiding virtual currency issuers and investors through the launch process.
Providing advice to Europe and Asia-based advisors on US law and SEC adviser registration.
Guiding Asian and European asset managers through the process of expansion into the United States.
Counseling of asset managers and financial institutions on Stock Connect and other means of accessing mainland Chinese markets and investors.
Professional Associations and Memberships
- American Bar Association – Member
- New York City Bar Association – Member
- New York City Bar Association – Private Investment Funds Committee – Member
- District of Columbia~United States (2006)
- New York~United States (2004)
- University of Michigan (JD) (2001)
- Yale University (BA) (1996)
Co-author, “Navigating China for Global Managers,” The Investment Lawyer, May 2018