International law firm Dechert LLP announced today that David A Vaughan has returned to the firm as a partner in the Financial Services Group. Vaughan left Dechert in March 2009 to join the US Securities and Exchange Commission’s Division of Investment Management, where he served for the last two years as the senior private fund policy adviser on all aspects of legal and regulatory policy related to private funds.
“We are pleased to have David back at Dechert,” says Joseph R Fleming, Co-chair of the firm’s Financial Services Practice Group. “His insight into the SEC will be of great value to our clients.”
While at the SEC, Vaughan advised on all aspects of legal and regulatory policy related to private funds. He played a leading role in advising on Title IV of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the rules implementing those provisions, the Volcker rule and the European Union Alternative Investment Fund Managers Directive, among other things.
“It was a privilege to serve on the SEC staff during such an interesting and critical time in the development of our regulatory system for hedge funds and private equity funds,” Vaughan says. “I am delighted to be rejoining Dechert to help advise our clients on these important changes.”
Vaughan works with hedge funds, private equity funds, venture capital funds and unregistered traditional funds. He represents managers with respect to fund formation, distribution and compliance issues. He has also represented both insurance companies and fund sponsors with respect to privately placed and offshore variable insurance products.
Vaughan originally joined Dechert as an associate in 1997 and was elected to the partnership in 2000. A graduate of Bowling Green State University (B.A., 1987) and Georgetown University Law Center (J.D., 1990), he is a member of the New York and District of Columbia Bars.
