Paul Marnoto is the General Counsel for Parthenon Capital. Prior to joining Parthenon, he was a partner in the Investment Management Group of K&L Gates LLP, where he represented sponsors of middle market buyout, venture capital and hedge funds on all aspects of formation, operations and regulatory compliance, as well as private investment transactions. Prior to joining K&L Gates, he was a corporate attorney at Ropes & Gray LLP.
Paul has counseled sponsors on all aspects of fund formation, including the negotiation of fund terms and the development of structuring alternatives to suit U.S. and non-U.S. investors, as well as advice to sponsors on structuring separate accounts and other “funds-of-one” arrangements with large and sophisticated institutional investors, ERISA plans and sovereign wealth funds. He has represented select institutional investors in connection with their “seed” or “anchor” investments in a variety of private fund managers. Paul regularly advised clients on various complex business transactions including mergers and acquisitions, restructurings and venture capital investments. He also assisted private equity sponsors on compliance matters under the United States Investment Advisers Act of 1940, as amended.
Paul earned his J.D. from Northeastern University School of Law and holds an A.B., cum laude, in Economics and International Studies from Colby College.