Iron Road Partners, a regulatory consulting firm started by the former co-head of the Securities and Exchange Commission’s private funds unit, Igor Rozenblit, appointed former Angelo Gordon senior compliance counsel Noah Levine as director.
Levine joined the firm earlier this month. He was responsible for Angelo Gordon’s real estate private equity, net lease and direct lending business lines.
Levine will work in Iron Road’s core regulatory business. His position was added to support Iron Road’s growth and expertise.
The compliance consulting firm also promoted Paul McGowan to partner overseeing the firm’s regulatory compliance services. McGowan joined Iron Road Partners as a director shortly after the firm was formed. He spent 18 years at the SEC, holding various senior roles within the division of examinations, the private funds unit and the division of enforcement, where he assisted and led numerous high-profile examinations and investigations of complex alternative investment managers, large broker-dealers and registered investment advisers.
McGowan was promoted as part of the expansion of a new business line: ongoing regulatory compliance.
Founder Rozenblit said the firm previously focused more on strategic advisory services such as mock audits, policy design and exam support. That service line focused more on helping clients with very complex regulatory and strategic situations, while the service line McGowan will be managing, regulatory compliance services, will focus on helping clients with operational functions, such as e-mail reviews, code of ethics administration and marketing reviews.
“Our strategic advisory background allows us to provide clients with a partner who understands the regulator, client products, practices and culture and enables us to design a bespoke approach which ends up leading to better integration, less mistakes, less redos and lower costs,” Rozenblit said. “We already have a significant number of clients with this arrangement so we know that it works. We are now just formalizing the offering.”