Benjamin B. Allensworth has returned to Willkie Farr & Gallagher as counsel in its Washington, D.C., office after 13 years at the Managed Funds Association. His practice involves advising private and traditional regulated fund managers on regulatory and transactional issues, including fund formation, ongoing compliance work and regulatory analysis in connection with M&A activity. For additional commentary from Willkie Farr attorneys, see “Using Delaware Statutory Series LLCs to Offer Customization to Investors (Part One of Two)” (Apr. 20, 2021); and “Liquidity Options for PE Funds: Potential Capital Sources, GP‑Led Restructurings and Alternative Paths Available to Sponsors (Part One of Two)” (Sep. 15, 2020).