Tom Steed focuses his practice primarily in the business and finance, investment management, and securities area. He has extensive experience in public and private investment fund transactions, including assisting clients with the formation of all types of funds, fund management and governance matters, and evaluating and negotiating investments in investment funds. In addition, he has experience in investment advisory matters, including assisting clients with the formation and registration of investment advisory firms and management and governance related matters.
Mr. Steed works with clients on all types of funds and investment advisory matters. He provides counseling on domestic and foreign fund organization and structural issues, negotiating key terms with third party service providers, and providing legal advice on applicable state and federal securities laws. Mr. Steed has knowledge of, and experience dealing with, the Investment Company Act of 1940, the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Advisers Act of 1940 and the regulations of the Financial Industry Regulatory Authority.
Mr. Steed represents registered mutual funds, hedge funds and other private investment pools. He also represents registered and nonregistered investment advisers. In addition, he represents institutional investors in connection with their investment in funds and other types of investment pools.
Mr. Steed also has general business law experience and has worked with clients on a broad range of corporate, business and M&A matters. Prior to joining the firm, Mr. Steed served as general counsel to a mutual fund administrator, where he worked with a number of registered mutual funds, hedge funds, government funds and other types of investment pools, assisting with offering and compliance matters and day-to-day operational needs. He also previously served as Vice-President and Assistant General Counsel in the Legal Department of Hardee’s Food Systems, Inc., where his responsibilities included handing all types of corporate, real estate, litigation and marketing matters.
Professional & Community Activities
Rocky Mount Academy, Member of Board of Trustees and Past Chairman
First Presbyterian Church of Rocky Mount, Deacon and Sunday School Teacher
Covenant Homes, Inc. (Non-project retirement home), Former Member of Board of Directors and Secretary
Wake County Bar Association, Young Lawyers Division, Past President
Certified Public Accountant, North Carolina