Co-Head of Credit Funds. Primarily represents alternative investment managers and private investment funds in all aspects of their businesses. Specializes in “Upper Tier Agreements” among the owners of private fund managers and the strategic investments, control transactions and succession planning that that are often part of the ownership lifecycle.

David is known for his extensive knowledge of market terms and his commercial approach to evaluating risks and handling negotiations.

For many years David has been named a “Leader in His Field” by Chambers USA and Chambers Global. His peers note that David is “considered one of the top fund lawyers around, and deservedly so.” He is “praised by clients for his unwavering commitment,” and is described as “very engaged, thorough, thoughtful and extremely useful as our quarterback.”

David dedicates most of his practice to designing, structuring and advising credit, hedge, private equity, hybrid, distressed investing, activist and energy funds, co-investments vehicles, funds of funds, multi-manager platforms and co-investment platforms. Working with the Regulatory & Compliance Group his work includes counseling clients on finding practical solutions to regulatory and compliance requirements, including the Volcker Rule, and managing conflicts of interest.

Since the early 2000s David has been at the leading edge of industry developments and market practices in “Upper Tier” management company partnerships, compensation plans and succession plans, seed and strategic investments and spinoffs of investment teams.

In addition, David has been recognized as a key player in private fund formation by The International Who’s Who of Private Funds Lawyers, PLC Cross-border Private Equity Handbook, The Legal 500 US, and Expert Guide to the World’s Leading Banking, Finance and Transactional Law Lawyers. He has authored or co-authored “Management Company Structures and Terms,” published by ALM Law Journal Press, and “Succession Planning White Paper.”

• Structures and advises investment management and financial services firms.
• Structures and forms credit, hedge, private equity and hybrid funds, funds of funds, co-investment vehicles and scalable platforms for fund sponsors.
• Counsels principals on structure, partner and senior employee terms and succession planning.
• Structures and negotiates seed and strategic investments, spin-offs, lift-outs and acquisitions.
• Restructures proprietary trading desks into investment management businesses.
• Counsels on identification and management of conflicts of interest.
• Advises on all aspects of US banking laws that affect investment and financial services firms and investment funds, including investments in banking organizations, bank-sponsored funds and investments in funds by banking organizations.

• Chambers Global
• Chambers USA – Band 1
• PLC Cross-border Private Equity Handbook Recognition
• Expert Guide to the World’s Leading Banking, Finance and Transactional Law Lawyers – Investment Funds
• Who’s Who Legal: The International Who’s Who of Private Funds Lawyers – Leading Private Funds Lawyer
• The Legal 500 US –“Key” player in alternative/hedge funds formation
• Lexology Index Private Funds Recommended Thought Leader – Private Funds Formation

Education
Brooklyn Law School, JD, Edward G. Sparer Fellow
State University of New York at Albany, BA, National Merit Scholar

Admissions
New York