Key Takeaways
- • Davis Graham & Stubbs LLP hired Elizabeth (Lily) Aery as an associate in its Denver-based Asset Management Group, expanding the firm's regulatory and fund-formation capabilities.
- • Aery brings specialized expertise in asset management, capital markets, and regulatory matters across exchange-traded funds, mutual funds, interval funds, and digital asset vehicles—a skill set increasingly critical as regulatory complexity in digital assets rises.
- • Her prior role as senior legal associate at a financial technology services firm positioned her to advise on complex fund transactions, including mergers, reorganizations, and conversions—directly applicable to the firm's institutional client base.
- • Aery holds a J.D. from The Ohio State University Moritz College of Law and an LL.M. in International and European Business Law from Universidad Pontificia Comillas in Madrid, with Colorado bar admission.
Summary
Aery's functional responsibilities at the firm include advising clients on fund formation, strategic transactions, SEC filings, offering-related disclosures, proxy statements, shareholder communications, securities exchange listings, and regulatory approvals. Prior to joining Davis Graham, she served as a senior legal associate at a financial technology services firm, where she advised general counsel, fund officers, and directors on complex fund-related transactions including mergers, reorganizations, and conversions. This background demonstrates institutional-grade experience in navigating multi-party fund restructuring and compliance workflows.
Educationally, Aery earned her J.D. from The Ohio State University Moritz College of Law and completed an LL.M. in International and European Business Law from Universidad Pontificia Comillas in Madrid, Spain. She is admitted to practice in Colorado, qualifying her for direct engagement with the firm's regional institutional and alternative asset management clients.
The hire reflects broader trend among major law firms to deepen bench strength in asset management and digital asset regulatory expertise as the investment industry faces heightened compliance demands and structural innovation in fund vehicles.
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