Benjamin Allensworth is counsel in the Asset Management Department. Ben has more than 18 years of experience representing investment managers, most recently as Managing Director and Counsel at the Managed Funds Association, the global trade association for the alternative investment fund industry. At MFA, he worked with alternative investment managers to provide regulatory advocacy in front of U.S. and EU legislative and regulatory bodies and counseling managers in connection with legislative and regulatory developments. Ben’s advocacy work and counseling to managers included issues under the Investment Advisers Act of 1940, the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Jumpstart our Business Startups Act, the Tax Cuts and Jobs Act and the Alternative Investment Fund Managers Directive. He also provided advocacy and counseling to managers in connection with Department of Labor rulemakings under ERISA.
Prior to MFA, Ben was an associate in Willkie’s Asset Management Group in Washington advising clients on a range of transactional, regulatory and compliance matters. His experience includes private fund and investment adviser formation, formation and regulatory counseling to business development companies, regulatory advice on investment company status and other specialized provisions of the Investment Company Act of 1940, regulatory counseling to investment advisers with respect to securities law matters, and regulatory advice in connection with asset manager M&A transactions.