Pillsbury Pillsbury Pillsbury
Pillsbury
San Francisco
50 Fremont Street
San Francisco, CA 94105-2228
Tel. +1.415.983.1226
Fax. +1.415.983.1200
Admissions
State of California
District of Columbia
Education
J.D., Catholic University of America, Columbus School of Law, 1983
B.A., University of Washington, 1978
Languages
French

Professionals

Jay B. Gould
Jay B. Gould
Partner

Mr. Gould practices in the Corporate & Securities area and is leader of Pillsbury’s Investment Funds & Investment Management practice team. He counsels clients involved in all aspects of the financial services industry. Mr. Gould represents US registered investment companies, hedge funds, offshore investment companies, investment advisers, retail and institutional broker-dealers, and municipal bond underwriters. Mr. Gould has extensive experience in drafting private placement memoranda, partnership and limited liability company agreements, subscription agreements, registration statements, proxy statements, periodic reports, no-action letters, applications for exemptive relief and other documents for filing with the SEC, the FINRA and other regulatory agencies.

Mr. Gould advises investment companies, investment advisers and broker-dealers on mergers and acquisitions. He also provides counsel on matters involving corporate governance and Sarbanes-Oxley compliance; mortgage securitizations and sales; collateralized debt offers; joint ventures and strategic relations; and retail, institutional and offshore securities distribution strategies and regulatory considerations.

Prior to joining the firm, Mr. Gould served as Chief Counsel for E*TRADE Global Asset Management, Inc., Vice President with TransAmerica Life Companies, Senior Counsel to Bank of America NT&SA, and as an attorney with the Securities and Exchange Commission, White & Case LLP, and two other major international law firms.

Mr. Gould is ranked as a leading lawyer by 2010 Legal 500 US. Recently, on behalf of the firm, Mr. Gould accepted a prestigious client service award from HFM Week at the publication’s 2009 U.S. Service Provider Awards ceremony. Pillsbury was named "Best Onshore Law Firm—Client Service."

Affiliations

2004-2007, Board of Directors, Association for Corporate Growth, San Francisco Chapter; Advisory Board, The Wall Street Lawyer; California State Bar Financial Institutions Committee; Bay Area Hedge Fund Professionals Group; President, Northwest Hedge Fund Society; National Association of Corporate Directors; Managed Funds Association; Board of Advisors, All Asia Licensing

Speaking Engagements

Consequences of Rising Sovereign Debt, Moderator, Institutional Investor's Alpha Hedge 16th Annual Institutional Investment Conference, San Francisco, CA, September 27, 2010

Due Diligence and Fraud – The Reality of Headline Risk, Bay Area Hedge Fund Roundtable, Moderator, San Francisco, CA, July 28, 2010

Alternative Investment Consultants Summit, Speaker, Greenwich, CT,
July 21, 2010

Is Now the Right Time to Start a Hedge Fund?, Moderator, San Francisco, CA, June 23, 2010

Global Hedge Fund Forum 2010, Moderator, Hedge Connection, June 22, 2010

Australia—A Growing Economic and Capital Markets Success Story, Moderator, San Francisco, CA, June 9, 2010

Financial Reform—What it Means to You, Speaker, Southern California Investment Funds Roundtable, Beverly Hills, CA, May 13, 2010

Credit: Mining for Gems Amid the Rubble, Moderator, Institutional Investor’s Alpha Hedge 16th Annual Global Hedge Fund Summit, Southampton, Bermuda, May 4, 2010

Southern California Investment Fund Roundtable, Speaker, Managed Funds Association, Beverly Hills, CA, January 21, 2010

Southern California Investment Fund Roundtable, Speaker, Managed Funds Association, Dana Point, CA, January 20, 2010

Regulatory Change in the Fund Industry: Impact and Implications, Speaker, Tokyo, Japan, October 23, 2009

New SEC Enforcement and Examination Protocols, Moderator, San Francisco, CA, October 8, 2009

SEC Enforcement Protocols, Moderator, San Francisco, CA, September 8, 2009

The Renaissance of Global Macro, Moderator, MFA Forum 2009, Chicago, IL, June 23, 2009

Legal, Accounting and Tax Issues Related to Redemptions: Clawbacks, Side Pockets, Gates & SPV, Speaker, Financial Research Associates, LLC, June 3, 2009

Southern California Investment Fund Roundtable, Moderator, Rothstein Kass, Santa Monica, CA, April 29, 2009

CFO Forum, Speaker, Bridges to Leadership, Rancho Cordova, CA, June 9, 2009

Focus on Capital Raising, Host, Northwest Hedge Fund Society, Seattle, WA, February 19, 2009

Special Briefing on the Future of Securities Regulation and the Implications to Fund Managers, Moderator, San Francisco, CA, February 18, 2009

Advanced Securities Regulation, Guest lecturer, Stanford University School of Law, Palo Alto, CA, February 17, 2009

Investment Section Meeting, Panelist, National Association of Public Pension Attorneys, Washington, DC, February 5, 2009

The Changing Landscape, Speaker, Northwest Hedge Fund Society, Seattle, WA, November 20, 2008

Legal Panel, Speaker, BNP Paribas 7th Annual West Coast CFO/COO Summit, San Francisco, CA, November 19, 2008

Creative Capital Raising Techniques for Fund Managers During Challenging Market Conditions, Moderator, San Francisco, CA, September 25, 2008

Sound Practices for Hedge Fund-Managers, Moderator, Northwest Hedge Fund Society, Seattle, WA, September 11, 2008

Investment Roundtable, Moderator, The 5th Annual Hedge Fund Incubation and Seeding Conference, New York, NY, July 28, 2008

Getting the Most out of Prime Broker Capital Introductions, Moderator, Marketing & Client Servicing for Hedge Funds Conference, New York, NY, July 16, 2008

Launching a Hedge Fund: Investment, Legal and Technology Considerations, Panelist, Eze Castle Integration Webinar, May 20, 2008

Sound Practices Highlights, Moderator, Sound Practices for Hedge Fund Managers, San Francisco, CA, May 8, 2008

Special Briefing on U.S. Hedge Fund Regulatory Issues, Speaker, Singapore, April 24, 2008

Special Briefing on Hedge Fund Advertising, Moderator, San Francisco, CA, April 17, 2008

HedgeCo Investor Summit 2008, Master of Ceremonies, New York, NY, March 20, 2008

Beyond Returns: What Allocators Want to Know, Moderator, Managed Funds Association Network 2008, Biscayne, FL, February 12, 2008

The 4th Annual Hedge Fund Incubation and Seeding Conference, Chair/Moderator, New York, NY, January 30-31, 2008

Seeking the Globally Cooperative Solution: Establishing the Highest Standards from within the Industry, Moderator, Tokyo Hedge Fund Symposium, Tokyo, Japan, November 13, 2007

Valuation: Complexities in the Valuation of Hedge Fund Portfolios, Moderator, Managed Funds Association Risk Management and Valuation Seminar, New York, NY, September 18, 2007

Introduction to Carbon Trading and Finance Seminar, How to Create a Carbon Hedge Fund, Speaker and Sponsor, San Francisco, CA, July 17, 2007

Legal/Regulatory Panel, Speaker, Banc of America Securities Prime Brokerage, 6th Annual Northeast CFO/COO Summit, New York, NY, July 10, 2007

Evaluating The True Impact Of Basel 2 On The Hedge Funds Industry: Will It Just Impact Banks Or Will It Dampen The Wider Investor Landscape?, Moderator, IQPC Hedge Fund Investments Japan IQ 2007, Tokyo, Japan, June 12, 2007

Hedge Funds, VCs and Climate Change Converge, Moderator, San Francisco, CA, May 10, 2007

New SEC and CA Regulatory Proposals Affecting Hedge Fund Advisers, Distributors and Investors, Moderator, San Francisco, CA, January 18, 2007

Legal & Regulatory Update, Speaker, 5th Annual West Coast CFO/COO Summit, Managing a Growing Hedge Fund Business, San Francisco, CA, November 18, 2006

13F Filing & Trading Strategies, Trade Secrets or Fair Game?, Speaker, IncreMental Advantage conference call, October 25, 2006

Hedge Fund Activism – Offensive and Defensive, Moderator, San Francisco, CA, October 18, 2006

Hot Topics in the Hedge Fund Industry, Speaker, NICSA Alternative Investment Conference, Los Angeles, CA, October 5, 2006

How 'ACT II' of the SEC's Regulation of Hedge Funds Will Potentially Impact the Industry?, Speaker, GAIM USA Fund of Funds, New York, NY, September 20, 2006

Lessons Learned from Enforcement Cases and Deficiency Letter, Speaker, Marketing & Advertising Compliance Forum for Investment Advisors, New York, NY, September 14, 2006

How Do You Raise Capital?, Speaker, Hedge Fund Incubation and Seedling Conference, New York, NY, September 12, 2006

Asian Hedge Funds: Legal, Operational and Cultural Considerations of Hedge Fund Organization and Investment in Japan and Elsewhere, speaker, San Francisco, CA, April 19, 2006

Registration Lite, Speaker, Hedge Fund Symposium 2006; Hong Kong, January 2006

U.S. securities laws and the obligation of certain hedge fund managers under the new U.S. hedge fund adviser registration rule and the liability provisions of the U.S. securities laws, presented to Nordea Bank Legal Department, Stockholm, Sweden, December 2005

Markets in Financial Institutions Directive (MiFID) Conference, Speaker, Luxembourg, December 2005

Application of U.S. securities laws to certain Japanese sales and marketing activities, Speaker, Alternative Investment Management Association (AIMA), Tokyo, Japan, September 2005

Obligations under the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940 and the Investment Advisers Act of 1940 regarding certain Nordea Bank activities in the U.S., presentation to senior Nordea Bank executives, Copenhagen, Denmark, May 2005

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