American College of Investment Counsel
Nonprofit Organization Management - , ,
American College of Investment Counsel Employees
American College of Investment Counsel Details
The mission of the College is to bring together lawyers who devote a substantial amount of their time representing institutional investors in connection with their investment operations, to provide education with respect to legal issues and market practices affecting institutional investments and investors, to develop, where appropriate, guidelines and uniform documentation for transactions involving institutional investments and to build collegial relationships to allow for more efficient transactions and communications among its Fellows.The College has historically focused on investments in non-public debt and equity securities, in particular those which involve a significant degree of reliance upon the general credit of the issuer or cash flows from specific projects or asset pools. The College recognizes that the operations and investments of institutional investors are varied and evolving. Consequently, the College's focus includes the evolving broader scope of institutional investments and the complex issues involved.The American College of Investment Counsel was founded in November 1981 by a group of ten lawyers, from both private practice and financial institutions, specializing in the area of major institutional investment financing to provide a forum for the discussion of legal issues arising in this area and to provide educational programs on these issues for its members. By its 35th anniversary in 2016, membership had grown to include members from insurance companies, law firms, and other service providers from throughout the United States as well as members based in Canada and Europe. By 2019, the organization had more than 400 members representing over 300 law firms and institutions and continues to grow and maintain its mission of serving as a central forum for legal professionals specializing in the area of major institutional investment financing.The College was incorporated by a special act of the Connecticut Legislature in 1982.
