Nora M. Jordan
  1. Partner

As head of Davis Polk’s Investment Management Group, Ms. Jordan advises clients on collective investment vehicles, including hedge funds, mutual funds, closed-end funds and private equity funds. She acts as counsel to the adviser, the fund or the independent directors, depending on the client. Many of her matters involve advising clients concerning compliance with the Investment Company Act and Investment Advisers Act. 

Ms. Jordan has worked on a number of internal and SEC investigations involving asset managers and has also worked on a number of acquisitions, reorganizations and structurings of asset managers. She also provides exemptive advice concerning the Investment Company Act for industrial holding companies and non-U.S. trading companies, banks, insurance companies and other financial institutions.

Ms. Jordan frequently provides advice to financial institutions that have affiliated asset managers and broker-dealers. Principal and agency transactions between asset manager clients and broker-dealers are highly regulated, and she provides advice on these regulations as well as other issues affecting advisers, private funds and mutual funds.

Work Highlights

  • SPDR S&P and other ETF Trusts sponsored by NYSE Euronext
  • Compliance and regulatory advice to some of the largest hedge funds in the United States, including Bridgewater, Lone Pine, Perella and Avenue Capital
  • The boards of directors of a complex of registered funds (almost $2 billion) that invest in hedge funds
  • Major financial institution in connection with an SEC-required review of trading between  its advisory subsidiaries and its broker-dealer subsidiaries
  • Morgan Stanley in its sale of its retail investment management business
  • Citi in the creation of a joint venture with Morgan Stanley, Morgan Stanley Smith Barney 
  • Morgan Stanley in its investments in various hedge fund managers (Avenue Capital Group, Lansdowne Partners, FrontPoint Partners), as well as its merger with Dean Witter

Recognition

Ms. Jordan is head of the Investment Management Group, which was named “Investment Funds Client Service Team of the Year” at the 2015 Chambers USA Awards.

She is consistently recognized for her work in the legal industry:

Ms. Jordan is listed as a leading fund lawyer in various industry publications, including:

  • Chambers Global
  • Chambers USA
  • The Legal 500 U.S.
  • IFLR1000
  • Expert Guide to the World’s Leading Private Equity Lawyers
  • Guide to the World's Leading Women in Business Law

She was on the cover of The American Lawyer (June 2003 edition) and in a feature article entitled, "Women in the Law: Blooms in the Desert, Why Some Firms Get It, While Others Still Don't".

Of Note

  • Speaker, panelist and author on a variety of investment management topics (e.g., hedge fund, investment adviser, international and Investment Company Act issues)
Memberships
  • Vice-Chair, Board of Directors, The American Skin Association
  • Member, Advisory Board, Global Financial Markets Center, Duke Law School

  • Member, Board of Visitors, Duke Law School

  • Fellow, American Bar Foundation
Authorships
Webinar
Video Interview

Professional History

  • Practice Group Coordinator, Investment Management Group, 2003-present
  • Partner, 1995-present
  • Associate, 1983-1995

Bar Admissions

  • State of New York

Education

  • B.A., University of Notre Dame, 1980
    • cum laude
  • J.D., Duke University School of Law, 1983
    • with honors
    • Moot Court Board
    • Note and Comment Editor, Duke Law Journal