Paul C. McCoy represents and counsels clients in the development of, and investment in, private investment funds and myriad customized private capital formation structures in all asset classes. Global leader of the private equity funds practice for Morgan Lewis, his clients include some of the world’s most prestigious funds of funds, global investment banks, US state government pensions, world leading private foundations, insurance companies, private equity-styled real estate funds and sovereign wealth funds.
Paul handles private fund formation, investments into private funds, the secondary sales of private fund interests, individually, or as a portfolio, and formation of complex separate accounts, captive funds, SMAs, funds-of-one, co-investments, platform arrangements, consortia, and joint venture arrangements across all major private asset classes. His representations include fund sponsors forming private funds, purchasers and sellers of private fund interests, investors negotiating investments into private funds, and sponsors and investors in customized private capital formation structures. Paul has experience with a wide variety of private fund sectors, including without limitation: infrastructure funds, funds of funds, real estate funds, private equity funds, funds sponsored or seeded by 501(c)(3) entities, corporate governance funds, venture capital funds, co-investment funds, hedge funds, lending funds, healthcare funds, program-related funds, mission-related funds, build-out funds, and hybrid funds. He also has experience representing investors and companies in venture capital financings, whether as equity, debt or convertible securities. Paul is a member of the American College of Investment Counsel and a member of the National Association of Public Pension Attorneys. He is also a contributing author to the two-volume treatise, Venture Capital & Public Offering Negotiation.
Before joining Morgan Lewis, Paul practiced securities law in London, representing clients issuing publicly traded securities. Prior to attending law school, he worked as a financial analyst for the US Department of the Treasury focusing on currency exchange platforms to meet the needs of US federal agencies globally.
James Madison University, 1992, B.B.A.
University of Virginia School of Law, 1998, J.D.
Awards and Affiliations
Member, Practice Group of the Year, Asset Management, Law360 (2017)
Ranked, Investment Funds: Investor Representation, Nationwide, Chambers USA (2019)
Recommended, Investment Fund Formation and Management: Private Equity Funds (including venture capital), The US Legal 500 (2010, 2012–2014, 2016–2019)
Recommended, Finance - Not-for-profit (nonprofit and tax exempt organizations), The US Legal 500 (2015)
Member, National Association of Public Pension Attorneys
Member, American College of Investment Counsel (ACIC)
Member, The State Bar Association of California
Member, The State Bar Association of New York
Member, The Business Law Panel of the Bar Association of San Francisco
Listed, "Rising Star," Northern California Super Lawyers (2009 & 2010)