Douglas P. Dick

Douglas-Dick

Douglas P. Dick

Partner

Washington, D.C. | 1900 K Street, NW, Washington, DC, United States of America 20006-1110
+1 202 261 3305 | +1 202 261 3333

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Douglas P. Dick has 20 years of experience in the asset management industry, advising open- and closed-end investment companies, exchange-traded funds, money market funds, offshore funds, private investment funds, independent trustees, investment advisers and fund distributors. He counsels clients in a wide range of regulatory, corporate, compliance and business matters.

Mr. Dick has authored numerous publications and articles in the asset management field, and has participated in industry group panels and educational events. Mr. Dick also spent seven years working out of Dechert’s Orange County office, helping to establish the firm’s west coast presence.

Mr. Dick has been recognized in The Legal 500 (US) in the area of mutual/registered funds.

Mr. Dick serves as managing partner of the firm’s Washington, D.C. office.

Experience
  • Advising funds and their boards on the legal issues relating to advisory and Rule 12b-1 fees and distribution arrangements. He also advises on fund governance, conflicts and general fiduciary duty issues, and director and officer liability insurance issues.
  • Advising funds, their boards and advisers on matters related to trading practices, affiliated transaction issues, asset custody, proxy voting policies and issues, SEC no-action and exemptive relief, closed-end fund discount and activist issues, and negotiation of contracts.
  • Representing funds, their boards and advisers in corporate acquisitions and transactional matters, fund and adviser reorganizations and change of control matters, and fund adoption transactions. 
  • Counseling funds, their boards, and advisers and distributors on corporate matters, regulatory compliance, inspections and enforcement, litigation and arbitration matters.
Education
  • American University, B.A., 1990, cum laude
  • Georgetown University Law Center, J.D., 1995, cum laude
Admissions
  • District of Columbia
  • California
  • Maryland
Memberships
  • Advisory Board, BoardIQ
  • Independent Counsel Roundtable Advisory Committee Member, Independent Directors Council (IDC)
Speaking Engagements
  • Enterprise Risk Oversight: This Year’s News and the Related Risks — Independent Directors Council’s 2018 Fund Directors Forum, Washington D.C. (October 16, 2018)

    Speaker, “Enterprise Risk Oversight: This Year’s News and the Related Risks" panel on the scope of oversight for a fund board, effective board reports, and areas for board consideration. For more information, visit the agenda website. 
  • Board Oversight of Investment Risk — Mutual Fund Directors Forum Policy Conference, Washington, D.C. (April 20-21, 2017)

    Moderator, "Board Oversight of Investment Risk" panel.
  • 2016 Independent Counsel Roundtable — Presented by the Independent Directors Council, Washington, D.C. (July 20, 2016)
  • Product Council Roundtable — Mutual Funds Education Alliance, Chicago (September 28, 2015)

    Participant, "Product Role in the Regulatory Environment" session.
  • 2015 Policy Conference — Mutual Fund Directors Forum, Washington, D.C. (April 9, 2015)

    Leader, "The SEC on Board Self-Evaluations" panel discussion. 
  • Fund-Linked Derivatives -Panel I — Securities Industry and Financial Markets Association's Hedge Funds & Alternative Investments Summit and Exposition, New York, NY (June 17, 2008)
  • Regulatory Changes in the United States Hedge Fund Market - Recent Development and Capital Raising Opportunities for Hong Kong Hedge Fund Managers“ — The Alternative Investment Management Association (AIMA), Hong Kong (January 18, 2007)
  • Soft Dollars — IAA Compliance Workshops, Los Angeles,CA (November 16, 2006)
  • Strategies for Risk Assessment, Monitoring and Testing, and Creating a Compliance Calendar — 2005 IAA Compliance Workshops, Los Angeles, CA (November 15, 2005)
  • The New Hedge Fund Adviser Registration Requirements in the USA: What They Mean For Hong Kong Managers — AIMA Hong Kong Chapter Luncheon Talk, Hong Kong (January 13, 2005)
  • Recent Issues in Financial Services — Investment Company Institute's Mutual Funds Conference, Palm Desert, CA (April 1, 2003)