Mary Moynihan

Mary (Molly) C. Moynihan represents registered open-end investment companies, registered investment advisers, independent directors of fund complexes, private funds, and business development companies. Assisting clients at the forefront of technology and investment management, she provides guidance on the adoption and oversight of emerging technologies, including blockchain and AI. 

Molly represents the independent directors of mutual fund complexes and serves as fund counsel to a major fund complex, regularly advising on fund formation, regulatory requirements, and compliance. She also advises on portfolio management, valuation matters, compliance programs, and risk management, including cyber risk. In addition, Molly counsels on the M&As of affiliated and unaffiliated investment companies and investment advisers, affiliated transactions, and distribution issues. Her clients include funds serving as underlying investment vehicles for variable insurance products. 

Molly previously served as general counsel and liaison to the board of trustees for a multibillion-dollar registered investment company whose primary investors were large public and ERISA-regulated pension plans. She handled the company’s regulatory filings and was responsible for structuring issues related to mortgage-backed securities and real estate transactions, as well as providing advice related to the fund’s pension plan investors.  

Molly regularly writes and lectures on the role of independent directors, risk management, the oversight of innovative technologies, and current regulatory issues faced by the industry. She is a member of the American Bar Association Task Force on Fund Directors and a co-author of the American Bar Association’s Fund Directors Handbook. She also serves on the board of the National Archives Foundation, where she chairs the Governance Committee. She is active in pro bono representations, particularly decarceration of juvenile offenders.