Jay Gould serves as External General Counsel for Pave Finance, Inc., and all of the firm’s subsidiaries: Pave Securities, LLC., Pave Investment Advisors, LLC., and Pave Labs, LLC. He is special counsel for Baker Botts, LLP. in San Francisco, where he caters to investment advisers and the products they manage, including hedge funds, private funds, and registered investment companies. Jay joined Pave Finance in 2022 and has represented the firm since its founding, providing legal and regulatory counsel across operations and growth.
Jay is a recognized leader in advising registered and unregistered investment funds on regulatory strategy, governance, and the entire range of legal considerations facing modern asset managers. Having spent over 40 years in the financial service industry, he has guided clients through transactional and regulatory matters, managed examinations and investigations with the SEC and other regulators, and advised investment advisers, broker-dealers, and operating companies on mergers and acquisitions, corporate governance, Sarbanes-Oxley compliance, joint ventures, and strategic partnerships. His counsel also extends to retail, institutional, joint ventures, and offshore securities distribution strategies, an area where regulatory complexity and commercial strategy intersect most closely.
Prior to his current roles, Jay was a Partner at Winston & Strawn LLP, where he co-led the firm’s Financial Services Department and Investment Management practice. Earlier in his career, Jay served as Chief Counsel for E*TRADE Global Asset Management, Inc., Vice President at TransAmerica Life Companies and Senior Counsel to Bank of America NY&SA. He began his legal career as an attorney with the Securities and Exchange Commission and has practiced at White & Case LLP and two other major international law firms.
Jay is a founding member and director of the California Hedge Fund Association, now CalALTS, where he worked alongside Chris Ainsworth for over a decade to bring educational and networking programs and information to the largest regional alternative asset industry group in the country.
