MLG Capital Welcomes Kelly Whetstone to Leadership Team
MLG Capital, a prominent name in private real estate investments, is thrilled to announce the exciting addition of Kelly Whetstone as the new Chief Compliance Officer and Associate General Counsel. This key appointment signals a stronger commitment towards enhancing compliance measures and ethical business practices within the firm.
About Kelly Whetstone: An Experienced Leader
With over 20 years of legal and compliance experience under her belt, Whetstone is well-equipped for her new role. Her most recent position was at ACA Group as Deputy General Counsel, where she honed her skills in regulatory compliance and investment management law. A notable figure in the industry, she brings a wealth of expertise in risk management and corporate governance, ensuring she will make a significant impact at MLG Capital.
Education and Professional Affiliations
Whetstone holds a Juris Doctor from the prestigious University of Virginia School of Law, complemented by an MBA from Florida State University. She maintains an active membership in the Association of Corporate Counsel, reflecting her commitment to professional development and leadership within the legal community.
Whetstone's Role at MLG Capital
In her capacity as Chief Compliance Officer, Whetstone will lead MLG Capital's compliance initiatives, ensuring the firm adheres to SEC, FINRA, and state regulations. She will also provide crucial legal advice regarding investment advisory matters, paving the way for robust regulatory frameworks that protect both the firm and its clients.
Statements from Leadership
Billy Fox, Principal and President at MLG Capital, expressed his enthusiasm about Whetstone joining the team. "Kelly's appointment marks an important milestone for MLG. Her extensive experience will greatly enhance our compliance department’s integrity and precision. At MLG, we believe that talent is essential to effectively serve our clients, and Kelly is a personification of that standard. We are confident that her leadership will reinforce our commitment to regulatory compliance, further strengthening the trust our investors place in us," he said.
About MLG Capital
Founded in 1987, MLG Capital is renowned for its mission of providing high-net-worth individuals, family offices, and investment advisors with tax-advantaged and diversified private real estate strategies. This approach not only enhances the firm’s properties but also nurtures the surrounding communities.
Focus on Real Estate Investments
MLG Capital centers its efforts on private real estate, particularly through its Private Fund series and the Legacy Fund. The firm has an impressive track record, having acquired approximately 50.9 million square feet of commercial property, including over 44,200 multifamily units, totaling nearly $7.9 billion in market value.
Conclusion
With Kelly Whetstone stepping into her new role, MLG Capital is poised to fortify its compliance landscape and elevate the standards of legal counsel. This change not only reflects the firm’s commitment to its investors but also positions MLG Capital as a forward-thinking leader in the private real estate sector.
Frequently Asked Questions
1. Who is Kelly Whetstone?
Kelly Whetstone is the newly appointed Chief Compliance Officer and Associate General Counsel at MLG Capital, bringing over 20 years of experience.
2. What will Whetstone's role involve at MLG Capital?
She will oversee compliance programs, ensure adherence to regulations, and provide legal guidance regarding investment advisory matters.
3. What is MLG Capital's primary focus?
MLG Capital specializes in private real estate investments, targeting high-net-worth individuals and institutional investors.
4. How will Whetstone impact MLG Capital?
Her leadership is expected to enhance MLG's commitment to compliance and strengthen investor trust.
5. When was MLG Capital founded?
MLG Capital was established in 1987 and has continued to grow as a leader in private real estate investments.
