Lilly Palmer is the Chair of Cole-Frieman & Mallon LLP’s Investment Funds Practice. She focuses on representation of investment advisers, fund sponsors, and private funds.
Leveraging her prior experience as General Counsel and Chief Compliance Officer of ParaFi Capital LP, a multi-strategy crypto-native investment firm, Lilly provides practical and business-savvy advice on a wide range of operational, legal, and compliance matters.
Lilly advises clients on formation and operation of U.S. and offshore private investment funds, pursuing a variety of strategies and asset classes, with particular expertise in crypto currency and digital asset strategies. She also counsels investment advisers and fund sponsors with respect to registration and ongoing compliance with state and federal regulations. Lilly assists her clients throughout the entire fund and investment manager life cycle, including but not limited to, marketing and investor relations, seed deals and side letters, fund wind-downs, restructurings, employment and partnership matters, as well as separately managed accounts and customized investment solutions.
Lilly is actively involved in the alternative investment industry, with a particular focus on networking and educational events in the Bay Area to encourage and strengthen connections among women in the alternative investment space.
Lilly started her career as an associate at Latham & Watkins LLP in New York. She received her undergraduate degree from Barnard College at Columbia University, and her law degree from Northwestern University Pritzker School of Law. Lilly is admitted to practice in California and New York.
