Press Release 12.07.22
[Ildiko is] a trusted adviser who has undoubtedly played a critical role in the growth of our firm,” and her approach was “in tune with our … goals, culture and business structure.
Ildiko Duckor, leader of Pillsbury’s award-winning Investment Funds practice, oversees the Emerging Hedge Fund Manager Program that provides packaged launch solutions to hedge fund startups.
Ildiko, whose former experience includes other major law firms in New York and San Francisco and in-house counsel at Barclays Global Investors N.A. (Blackrock), advises private fund managers, institutional investment advisers, family offices, commodity pool operators and commodity trading advisors, and broker-dealers. She provides strategic advice regarding hedge fund, private equity fund and venture capital fund formation, structuring, operational matters, and U.S. and offshore private fund activities. Ildiko advises asset managers using machine learning and artificial intelligence (AI) in their systematic/quantitative asset management strategies.
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She prepares and negotiates managed account, funds-of-one and subadvisory agreements; side letters with institutional and sovereign investors; spin-out transactions and seed capital arrangements. Ildiko also handles securities, commodities, broker-dealer and bank regulatory compliance matters, including state and federal registrations and filings, advises on trading practices and internal controls and compliance, and prepares complex investment company status analyses.
Representative Experience
- Represents quantitative equity long-short managers in a variety of fund formations and structuring, managed account, institutional investor, operational and compliance matters; cryptoasset fund managers (hedge and venture) on structuring, documentation and regulatory matters; systematic multi-substrategy fund with equity, fixed-income and insurance-linked investments.
- Counseled automated (robo) advisers and Fintech space participants on business structuring, online presence and compliance with Investment Advisers Act, Investment Company Act, Securities Act, Securities Exchange Act, ERISA, broker-dealer matters and other regulatory requirements; and hedge fund manager on the sale of its business to a registered investment company complex.
- Represents broker-dealers regarding cross-border affiliate and regulatory compliance matters; broker-dealer subsidiary of non-profit organization regarding governance, regulatory compliance and general business legal matters.
Professional Highlights
- Active sponsor of and speaker at 100 Women in Finance events; moderated Artificial Intelligence (AI) in Finance and Beyond: Applications, Opportunities and Ethics, 6/7/2018 and Institutional Investor's "Rising Hedge Funds Stars: Building for the Future" presentation on July 14, 2016.
- Recognized by The Legal 500 U.S. for Alternative/Hedge Funds and won HFMWeek’s US Hedge Fund Services Award for “Best Onshore Law Firm – Hedge Fund Startups” in 2016 and “Best Onshore Law Firm – Client Service” in 2015.
- Co-Author, “The CCO – The SEC’s Target or Ally in Enforcement and Examinations?” published in The Review of Securities & Commodities Regulation in 2016.
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- Served as chair of the California Hedge Fund Association Policy Committee and as a member of the Association of Women in Alternative Investing Steering Committee.
- Served as in-house counsel at Barclays Global Investors N.A., now BlackRock, San Francisco, and was an associate with Schulte Roth & Zabel LLP, New York, prior to joining Pillsbury.
- Honors & Awards
- The Legal 500 U.S., Alternative/Hedge Funds (2010)
- Speaking Engagements
- Panelist, BACCO Investment Compliance Professionals Webinar, The Impact of the Coronavirus and Sheltering in Place, 4/22/2020
- Sponsor, Angels and Founders Roundtable for Swedish Delegation, Asynjor Invest, 1/27/2020
- Panelist, Emerging Manager Forum San Francisco: Fund Structuring, Regulation & Taxation, San Francisco, 11/5/2019
- Round Table Panelist, Marketing in the US & Expanding Overseas: A global guide to compliance, HFM West Coast Operational Leaders’ Summit 2017, San Francisco 11/1/2017
- Speaker, Tackling Key Regulatory and Compliance Items: What’s on the SEC’s Radar and What Should Private Investment Funds Be Doing About It?, 8/25/2016
- Speaker, Raising Capital: The Perils of Working with Finders and How To Do It Right, Silicon Valley CLE Marathon, 1/13/2016
- Panelist, Alignment of Interests: What Do Your Allocators Really Want?, HFM West Coast Operational Leaders’ Summit 2015, San Francisco 11/30/2015
- Panelist, The SEC’s Proposed Form ADV: What It Means for You & The Imposition of Liquidity Requirements on Mutual Funds, 10/30/2015
- Discussion Leader, 2015 Exam Priorities: Tips for Handling SEC Exams and Investigations Panel Discussion, 10/20/2015
- Moderator, 100 Women in Hedge Funds presents HOT topics in Compliance: Conflicts of Interests in Account Management and more, 7/28/2015
- Moderator, The Big Game - Cal vs. Stanford - at 100WHF, 11/10/2014
- Speaker, Changing Considerations for a Successful Hedge Fund Launch in 2011, 4/28/2011
- Speaker, Pension Maximization Roundtable, 3/17/2010
- Speaker, Meeting Investor Due Diligence Expectations, 3/11/2010
- Panelist, How Growing Funds Can Beat the Odds in the "New" Market Panel Discussion, 9/24/2009
- Associations
- State Bar of California
- New York State Bar Association
- American Bar Association
- San Francisco Bar Association
- 100 Women in Finance (formerly Hedge Funds)
Education
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J.D., New York Law School, 1996
magna cum laude, Member, Law ReviewM.A., József Attila University, 1986
Admissions
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California
New York