Firms should review their employment related agreements to determine if any changes are necessary. In September 2023, the SEC issued orders against each of D.E. Shaw & Co., L.P. (“D.E. Shaw”), CBRE, Inc. (“CBRE”) and Monolith Resources LLC (“Monolith”) in connection with provisions in their separation agreements and other employment-related documents that violated Rule 21F-17…
KELLY E. ZELEZEN
PARTNER
Kelly Zelezen advises clients in the asset management industry, including managers of hedge funds, private equity funds and separately managed accounts. She counsels clients on a variety of issues related to formation and operation, compliance, and employment and compensation.
Practices
About
With respect to private investment funds, Kelly handles all aspects of their formation and ongoing operations. She regularly assists clients with structuring, marketing materials, “market” terms, seed deals and side letters with investors, agreements with service providers and marketers as well as other general corporate matters. She also drafts offering documents and the ancillary documents related thereto.
Kelly’s practice also includes compliance matters, assisting SEC registered advisers with preparing Form ADVs and establishing compliance programs. In addition, she provides assistance with management company agreements and succession planning.
Kelly has deep experience in employment and compensation matters. She frequently advises clients on designing compensation plans and drafts employment agreements, “partnership” agreements and termination agreements.
Education
Rutgers School of Law – Newark (J.D., Order of the Coif, 2003)
Rutgers Law Review, Research Editor
Washington & Lee University (B.A., cum laude, 1999)
Bar Admissions
2004, New York
Insights
SEC Charges Firms for Violating Whistleblower Protection Rules in Employment Agreements, Separation Agreements and Releases
October 13, 2023Client AlertsKleinberg Kaplan Recognized in Latest Edition of The Legal 500: United States
June 14, 2023Firm NewsPremier boutique law firm Kleinberg Kaplan was recognized in the latest edition of The Legal 500: United States for its Hedge Funds and Investor Activism practices. The Hedge Funds practice was praised for its “thorough and practical advice, efficiency in getting projects done, and competitive rates.” As one client stated, “KKWC has been demonstrating an outstanding ability to…
To Compete or Not To Compete — the FTC’s New View on Unfair Competition
January 17, 2023Client AlertsNon-compete agreements have long been a staple in the employment arena, despite their potentially anti-competitive effect. They are both common and highly controversial. In the best light, they are seen as a means of balancing the employee’s right to seek other employment with the employer’s legitimate interest in protecting itself from unfair competition by a…