Marcia L. MacHarg

Retired Partner

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Frankfurt

Tel: +49 69 2097 5120

Overview

Marcia MacHarg, a long-time member of the firm’s Investment Management Group, is now a retired partner. Initially based in the firm’s New York ... Read Full Biography

Experience

- Siemens’ Audit Committee in a worldwide investigation into possible corrupt payments to government officials leading to an early settlement with the U.S. and German authorities.
- MacKay Shields and New York Life Investment Management in the organisation of a subsidiary in Ireland and on European regulations governing marketing and sale of various investment products.
- Ramius Capital Group, a U.S. hedge fund manager, in its joint venture with Hypovereinsbank forming a hedge fund-of-funds manager with $3.4 billion under management.
- Odewald & Compagnie in the formation of Odewald Private Equity Partners III, a €71 million Germany-focused buyout fund.
- Forest Laboratories in its acquisition of the Colistin business of Grünenthal GmbH.
- Webasto in a €250 million syndicated loan facility with Bayerische Landesbank and Dresdner Kleinwort as mandated lead arrangers.
- National Australia Bank in a potential acquisition of a German financial services firm. (Terminated)

Education

University of Louisville, Louis D. Brandeis School of Law, 1978, J.D.
Smith College, 1970, B.A.

Languages

English
German

Marcia MacHarg, a long-time member of the firm’s Investment Management Group, is now a retired partner. Initially based in the firm’s New York office, she pioneered the development of the firm’s corporate and investment management practice in the Washington, D.C. office, where she practiced for 15 years before becoming one of the founding partners of the Frankfurt office. During her career, Ms. MacHarg represented clients in cross-border mergers and acquisitions, financings, and investment management matters. Ms. MacHarg assisted clients in organizing funds for public or private sale in the U.S. and offshore jurisdictions. In addition, she conducted corporate internal control and compliance assessments and represented clients in securities regulatory matters. Ms. MacHarg is an independent director of Korea Equity Fund, Inc. and Japan Smaller Capitalization Fund, Inc., NYSE-listed funds. She is a Trustee of Smith College and a member of the Executive Committee of the Friends of Smith College Libraries. Ms. MacHarg has been a regular speaker on a variety of securities law, investment management and corporate law issues. As recent examples, she lectures each year on corporate finance and mergers and acquisitions at the annual investment banking seminar of the TU University of Chemnitz (Germany). Ms MacHarg was invited by the Brazilian Comissão de Valores Mobilários (CVM) to present on “Key Legal and Regulatory Concepts in U.S. and EU Mutual Funds” at the CVM’s first-ever conference on the investment funds industry held in March 2012 in Rio de Janiero. In 2012, Ms. MacHarg also presented at a Capital Markets Symposium at the University of Giessen (Germany) on “The U.S. JOBS Act: More Access to Capital Markets for Smaller Companies.” In 2011 she co-chaired Frankfurt University’s Institute of Law and Finance Conference on “Regulating the Alternative Investment Fund Industry”. Ms. MacHarg is the author of numerous articles published in U.S. as well as international journals on a wide range of topics. She is the editor of each edition of International Survey of Investment Adviser Regulation, a key reference since 1994 for the regulation of investment advisers and investment managers around the world. The 2012 third edition of the Survey, published by Wolters Kluwer, covers 40 key jurisdictions. For many years, Ms. MacHarg has been a contributing author to Broker-Dealer Regulation, published by Practicing Law Institute (New York City).Ms. MacHarg is a member of the New York State Bar Association, the District of Columbia Bar Association, Kentucky Bar Association and the American Bar Association. Ms. MacHarg joined the firm in 1981 and became a partner in 1987. She received her B.A. with distinction from Smith College in 1970, where she was elected to Phi Beta Kappa, and her J.D. cum laude from The University of Louisville School of Law in 1978. Prior to joining the firm, Ms. MacHarg was a staff attorney at the Securities and Exchange Commission in the Division of Market Regulation from 1978 to 1980, and an Assistant (Legal Counsel) to Commissioner Stephen J. Friedman from 1980 to 1981.