Norm Champ is a partner in the New York office of Kirkland & Ellis LLP. Norm is a member of the Investment Funds Group. Previously, Norm was the director of the Division of Investment Management at the U.S. Securities and Exchange Commission (SEC).
Norm’s book, Going Public, about his experiences at the SEC is due out from McGraw-Hill in 2017.
While at the SEC, Norm played a key role in the SEC’s completion of landmark reforms in 2014 to strengthen the $3 trillion money market fund industry, and led important structural and policy changes. He was the leader of interactions with the Financial Stability Oversight Council as the Council turned its attention to whether asset management firms are “systemically important.” He also worked on crisis management efforts at securities firms to protect customers of those firms. Norm also headed the creation of Guidance Updates and Senior Level Engagement initiatives created to provide transparency to the industry and to engage with boards and senior management of asset management firms.
Prior to becoming the Director of the Division of Investment Management, he was the Deputy Director of the SEC’s Office of Compliance, Inspections and Examinations (OCIE) and the Associate Regional Director for Examinations in the SEC’s New York Regional Office. In these capacities he supervised SEC examinations of investment advisors, investment companies, broker-dealers, national securities exchanges, credit rating agencies, clearing firms and other market participants.
Norm is one of several members of the SEC’s Division of Investment Management who have recently joined Kirkland’s Investment Funds Group Regulatory Practice. Jamie Walter served as senior counsel in the Private Funds Branch of the Division’s Rulemaking Office. Aaron Schlaphoff was an attorney fellow in the Division’s Rulemaking Office.
Representative MattersAdvised SoftBank on its $3 billion acquisition of Fortress Investment Group in the first take private of a publicly traded alternative investment manager.
Memberships & Affiliations
Advisory Council, Woodrow Wilson School, Princeton University
Board of Directors, The School of American Ballet
Board of Trustees, The Spence School
Harvard Law School Lecturer on Law, Fall Term 2016
SEC Chairman’s Award for Law and Policy, 2014
SEC Chairman’s Award for Labor Management Relations, 2014
SEC Chairman’s Analytical Methods Award, 2013
SEC Chairman’s Award for Law and Policy, 2011
SEC Chairman’s Award for Labor-Management Relations, 2011
Norm is a frequent and seasoned speaker having presented on securities law topics at SEC programs, Princeton University’s Bendheim Center for Finance, the Practicing Law Institute, ICI, SIFMA, MFA, the Saudi Central Bank, the New York City Bar Association, the International Bar Association, the ACA Compliance Group, Financial Times, and others.
He is also a lecturer on investment management law at Harvard Law School.
Director, Division of Investment Management, U.S. Securities and Exchange Commission 2012–2015
Deputy Director, Office of Compliance Inspections and Examinations, U.S. Securities and Exchange Commission, 2010–2012
General Counsel, Chilton Investment Company, 1999–2009
Lawyer, Davis Polk & Wardwell LLP, 1989–1990, 1992–1999