Paul Foley concentrates his practice in the areas of general business and corporate law, securities regulation, investment fund formation, investment management regulation, commercial transactions, and mergers and acquisitions.

In addition to representing traditional business clients with regard to general corporate law issues, Mr. Foley regularly represents investment advisers, hedge funds, private equity funds, venture capital funds, mutual funds, funds of funds, institutional investors, broker-dealers, financial institutions and other entities with regard to complex federal and state securities regulatory matters. His practice covers the entire range of securities regulation.

Mr. Foley regularly advises clients on structuring, forming, and offering private investment funds, including hedge funds, private equity funds, venture capital funds, funds of funds, and real estate funds. He also provides fund managers with ongoing advice regarding investments, transactions, compliance, and securities law matters, including applicable federal and state investment adviser registration requirements. Mr. Foley has assisted fund managers with fund offerings totaling in the billions of dollars.

Mr. Foley has extensive experience representing institutional and retail investment advisers with regard to various securities, compliance, and business matters, including drafting and reviewing investment advisory agreements and other material contracts, developing and implementing customized compliance policies and procedures, and registration on Form ADV. He is also experienced in conducting internal investigations and advising clients with regard to examination and enforcement-related inquiries and investigations by the SEC, self regulatory organizations, and state agencies. In addition, Mr. Foley has assisted clients in obtaining no-action and exemptive relief from the SEC and state agencies. Mr. Foley provideds ongoing advice to numerous investment advisers.

Mr. Foley also has experience in various corporate and commercial transactions, including mergers, acquisitions, and joint ventures. In addition, he often serves in a general counsel role for private companies and coordinates the outsourcing of legal services for other practice areas such as litigation, intellectual property, real estate, tax, environmental, and employment law.

Prior to joining Kilpatrick Townsend, Mr. Foley was a senior associate in the Securities Department at a leading Washington, D.C. law firm. During law school, he worked at the U.S. Attorney’s Office for the Eastern District of North Carolina and the North Carolina Banking Commission. Prior to attending law school, Mr. Foley worked as a fixed-income analyst on the bond trading floor of a large investment bank where he held his Series 7 and Series 63 securities licenses.

On May 1, 2013, North Carolina Governor Pat McCrory appointed Mr. Foley to a four year term on the North Carolina State Board of Elections, which is the North Carolina agency charged with overall responsibility for administration of the elections process and campaign finance disclosure. The North Carolina State Board of Elections is the only statutory bi-partisan, quasi-judicial supervisory board in the North Carolina State government.

Mr. Foley has been named a 2012 and 2013 North Carolina “Rising Star” in the area of Securities & Corporate Finance by North Carolina Super Lawyers magazine. He has been recognized as a 2013 “Legal Elite” by Business North Carolina magazine for Business Law. Mr. Foley was also named one of “40 Leaders Under Forty” in 2012 by Triad Business Journal.

Professional & Community Activities

Board Member, North Carolina State Board of Elections

Board Member, Securities Regulation Committee of the North Carolina Bar Association

Committee Member, Hedge Funds Care Southeast

Board Member, Big Brothers Big Sisters Services, Inc.

Board Member, Winston-Salem Hospice Foundation

Member, St. Paul’s Episcopal Church

Former General Counsel, North Carolina Republican Party (2011—2013)

Education

  • University of North Carolina at Chapel Hill School of Law, J.D. (2004)
    with honors
  • Queens University of Charlotte, B.A., Business Administration (2000)
    magna cum laude

Bar Admissions

  • North Carolina
  • District of Columbia
  • New York

Who We Are

1001 West Fourth Street
Winston-Salem, NC, 27101-2400
USA
t +1 336.607.7389
f +1 336.793.4876