Rachel Schatten serves as the General Counsel and Chief Compliance Officer of StoneCastle Partners, LLC (“SCP”). Rachel is responsible for all day to day legal and compliance matters concerning the firm and the numerous vehicles it manages. Various portfolio companies owned by SCP are engaged in activities that are directly or indirectly subject to regulation. These include our registered investment advisors as well as our affiliated broker-dealer. SCP has a history of developing new products and strategies and we believe that regulators are an important ally that help us bring new products to market. Further, we oversee in excess of $25 billion of assets and maintaining our clients’ trust is essential to our continued success. As such, compliance is a priority for StoneCastle and its subsidiaries.
Rachel served as the General Counsel, Chief Compliance Officer and Secretary of StoneCastle Financial Corp., a publicly-traded closed end investment company focused on the banking sector (NASDAQ Ticker "BANX") that was managed by StoneCastle Asset Management, LLC until the strategic sale of the business to ArrowMark Partners in 2020.
Rachel has over 20 years of experience in investment management focusing on investment funds (domestic and offshore), investment advisers, broker-dealers, securities regulation and corporate governance. Prior to StoneCastle Partners, Rachel was the U.S. General Counsel and Chief Compliance Officer of an international fund of funds, and theGeneral Securities Principal of its affiliated broker-dealer. Rachel began her legal career as an Associate in the investment management group of Schulte Roth & Zabel LLP, where she counseled investment advisers with respect to the development and structuring of new hedge funds, including domestic and offshore entities, master feeder funds, and funds of funds. She currently holds Series 7, 63 and 24 licenses. Rachel received her BA from Binghamton University in Political Science, and her J.D., cum laude, from Albany Law School of Union University, where she was an Associate Editor of the Albany Law Review and a member of both the Justinian Society and Dean’s List. Rachel has been involved in many community initiatives, including raising money and awareness for homeless animals in the NYC area.