Ed Klees

Ed has more than 30 years of experience in investment management, regulatory oversight, risk management, operations, and compliance and ethics programs for both institutional investors and investment advisors. He is a member of the securities law committee of the National Association of Pension Plan Attorneys (NAPPA). From 2012 to 2015, he was a lecturer at the University of Virginia School of Law, where he co-taught a course on private equity and hedge funds. He is the author of numerous articles, including “How Safe Are Institutional Assets in a Custodial Bank’s Insolvency?,” the leading paper on bank custody law. He also is the co-author, with Nobel Prize winner H. Robert Horvitz, Ph.D., of Connecting with Companies: A Guide to Biomedical Consulting Agreements (2nd edition, 2014).

Ed served as general counsel of the University of Virginia Investment Management Company (UVIMCO) from 2008 to 2016, where he advised on a range of institutional investment topics, including securities and investment advisory laws, investment advisory contracts, bank custody, and international issues, as well as compliance and operations and board matters. Prior to joining UVIMCO, he was associate general counsel for the Howard Hughes Medical Institute. He began his legal career as an associate at Shearman & Sterling and Paul, Weiss, Rifkind, Wharton & Garrison.