Seward & Kissel

Seward & Kissel Study Shows Hedge Fund Investors Seeking Strong Performance in High Interest Rate Environment

Retrieved on: 
Martedì, Aprile 16, 2024
Banking, Accounting, Professional Services, White House, Federal Government, State, Local, Small Business, Other Professional Services, Legal, Insurance, Finance, Consulting, Public Policy, Government, Environment, Seward & Kissel, Pressure, Risk

Against a backdrop of elevated interest rates, hedge funds led by new managers are responding to pressure to outperform, according to the 2023 edition of The Seward & Kissel New Manager Hedge Fund Study.

Key Points: 
  • Against a backdrop of elevated interest rates, hedge funds led by new managers are responding to pressure to outperform, according to the 2023 edition of The Seward & Kissel New Manager Hedge Fund Study.
  • This shift indicates investor demand for strong returns at a time when a risk-free interest rate remains an attractive alternative.
  • Family office participation in hedge fund seeding transactions ticked up in 2023, building on the reentry into the seeding arena for these investors post-pandemic.
  • Seward & Kissel Investment Management Group partner Noelle Indelicato , the lead author of The Seward & Kissel New Manager Hedge Fund Study:
    “2023 was a year for performance.

OTC Markets Group Welcomes DSM Firmenich AG to OTCQX

Retrieved on: 
Giovedì, Aprile 4, 2024
Beauty, Health, Euronext, Euronext Amsterdam, OTCQX, Seward & Kissel, Security (finance)

NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced DSM Firmenich AG (Euronext Amsterdam: DSFIR; OTCQX: DSFIY, DSMFF), a leading innovator in nutrition, health, and beauty, has qualified to trade on the OTCQX® Best Market.

Key Points: 
  • NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced DSM Firmenich AG (Euronext Amsterdam: DSFIR; OTCQX: DSFIY, DSMFF), a leading innovator in nutrition, health, and beauty, has qualified to trade on the OTCQX® Best Market.
  • DSM Firmenich AG upgraded to OTCQX from the Pink® Limited market.
  • DSM Firmenich AG begins trading today on OTCQX under the symbols “DSFIY and DSMFF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com .
  • Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors.

Ronald Hewitt Joins Seward & Kissel’s Global Banking and Corporate Trust Group

Retrieved on: 
Lunedì, Marzo 18, 2024
Finance, Consulting, Banking, Professional Services, Legal, Government, Russell Johnston, Private, Seward & Kissel, King & Spalding, University, Lawsuit, Kirkland & Ellis, Covington & Burling, Trustee, Multimedia, Kelley Drye & Warren

Seward & Kissel LLP announced today that Ronald A. Hewitt , formerly with Covington & Burling LLP, has joined the firm’s New York office as a partner in the Global Banking and Corporate Trust Group .

Key Points: 
  • Seward & Kissel LLP announced today that Ronald A. Hewitt , formerly with Covington & Burling LLP, has joined the firm’s New York office as a partner in the Global Banking and Corporate Trust Group .
  • View the full release here: https://www.businesswire.com/news/home/20240318527179/en/
    Ronald Hewitt Joins Seward & Kissel’s Global Banking and Corporate Trust Group (Photo: Business Wire)
    In a tenure spanning nearly two decades at Covington, Hewitt represented institutional clients in all aspects of finance, corporate restructuring, capital markets, and derivative transactions, as well as related regulatory compliance.
  • “Ron’s breadth of expertise in non-distressed and distressed financial transactions immediately strengthens our team in the Global Banking and Corporate Trust Group,” said Jim Cofer , managing partner of Seward & Kissel.
  • “Ron’s commercial approach to solving complex issues and his focus on delivering elite client service squarely align with the group’s core values,” added Gregg Bateman , head of Seward & Kissel’s Global Banking and Corporate Trust Group.

Seward & Kissel Appoints Kevin Neubauer as Co-Head of the Firm’s Investment Management Group

Retrieved on: 
Lunedì, Marzo 4, 2024
Professional Services, Legal, Finance, Consulting, Banking, Accounting, Private equity, Goldberg, Growth, Lawsuit, Seward & Kissel, Government, Private, Kelley Drye & Warren, Kirkland & Ellis, Organization, King & Spalding, Russell Johnston, Providence Equity

Seward & Kissel is pleased to announce that Kevin Neubauer has been named co-head of the firm’s Investment Management Group, effective March 1.

Key Points: 
  • Seward & Kissel is pleased to announce that Kevin Neubauer has been named co-head of the firm’s Investment Management Group, effective March 1.
  • He succeeds Robert Van Grover , who served in the role for more than 10 years and will remain an active partner in the Investment Management Group.
  • “Kevin has repeatedly demonstrated his ability to be an effective leader, both with respect to client matters and strategic firm initiatives,” said Seward & Kissel managing partner Jim Cofer .
  • Neubauer, who was elevated to partner at Seward & Kissel in 2020, originally joined the firm in 2009.

Sonita Bennitt Joins Seward & Kissel’s Tax Group

Retrieved on: 
Mercoledì, Febbraio 28, 2024
Legal, Construction & Property, Finance, Consulting, Banking, Accounting, Professional Services, REIT, Kirkland & Ellis, Simpson Thacher & Bartlett, Goldberg, Lawsuit, University School, Seward & Kissel, University, Martha Plimpton, Government, Private, Kelley Drye & Warren, Shearman & Sterling, DeBevoise, Shearman, King & Spalding, Russell Johnston

Seward & Kissel LLP announced today that Sonita M. Bennitt , former counsel with Goodwin Procter LLP, has joined the firm’s New York office as a partner in the Tax Group .

Key Points: 
  • Seward & Kissel LLP announced today that Sonita M. Bennitt , former counsel with Goodwin Procter LLP, has joined the firm’s New York office as a partner in the Tax Group .
  • She also advised clients on tax aspects of real estate joint ventures and real estate investment trusts.
  • “Sonita’s wealth of experience makes her a valuable addition to our firm and the Tax Group,” said Jim Cofer , managing partner of Seward & Kissel and a partner in the firm’s Tax Group.
  • “Her deep background in private fund formation and structuring makes her an ideal fit with our Tax Group and the broader work of the firm.”
    Prior to Goodwin Procter, Bennitt practiced as a tax associate at Debevoise & Plimpton LLP.

Seward & Kissel Adds Former Chief Marketing Officer From Shearman & Sterling

Retrieved on: 
Mercoledì, Febbraio 14, 2024
Legal, Professional Services, Slate, Kirkland & Ellis, Daniele Nardello, Multimedia, Chadbourne & Parke, Marketing, Goldberg, Lawsuit, Seward & Kissel, Private law, Business development, Government, Private, Kelley Drye & Warren, Shearman & Sterling, Shearman, Orrick, Herrington & Sutcliffe, King & Spalding, Russell Johnston

Seward & Kissel LLP announced today that Nora Shearer , the former chief marketing officer at Shearman & Sterling, has become Seward & Kissel’s chief marketing and business development officer, effective immediately.

Key Points: 
  • Seward & Kissel LLP announced today that Nora Shearer , the former chief marketing officer at Shearman & Sterling, has become Seward & Kissel’s chief marketing and business development officer, effective immediately.
  • View the full release here: https://www.businesswire.com/news/home/20240214675950/en/
    Seward & Kissel Adds Nora Shearer as Chief Marketing and Business Development Officer (Photo: Business Wire)
    “Nora has a proven ability to connect premier law firms with their most important audiences,” said Jim Cofer , managing partner of Seward & Kissel.
  • Most recently, she served as the chief business development and marketing officer at Nardello & Co., the global investigations and business intelligence firm.
  • Notaro previously served at other elite firms, including Skadden, Arps, Slate, Meagher & Flom and Orrick, Herrington & Sutcliffe, before joining as Seward & Kissel’s first chief operating officer.

Seward & Kissel Promotes Seven Lawyers to Partner

Retrieved on: 
Giovedì, Dicembre 21, 2023
Legal, Human Resources, Finance, Consulting, Small Business, Professional Services, Maritime, Transport, Swarthmore College, University School, Internal Revenue Code, Rutgers Law School, LL.M, ERISA, Coif, Science, Baroody, George Washington University, Cotler, Lawyer, University, Moses Austin, Boston College Law School, Fairfield University, Albany Law School, Rutgers University, Seward & Kissel, Exercise, Financial services

“While these lawyers each bring unique gifts to our firm, they are all alike in delivering tremendous value to the clients they counsel,” said Seward & Kissel managing partner Jim Cofer .

Key Points: 
  • “While these lawyers each bring unique gifts to our firm, they are all alike in delivering tremendous value to the clients they counsel,” said Seward & Kissel managing partner Jim Cofer .
  • This year he co-authored the influential Seward & Kissel New Manager Hedge Fund Study , an analysis of trends among newly formed hedge funds.
  • Cassidy writes frequently on topics of interest to investment advisers and, with Baroody, co-authored this year’s Seward & Kissel New Manager Hedge Fund Study.
  • Her work was also cited by Legal 500 in its ranking of Seward & Kissel for excellence in investment fund formation and management for private equity and venture capital funds.

World Renowned Banking and Financial Restructuring Team Joins Greenberg Traurig

Retrieved on: 
Lunedì, Dicembre 18, 2023
University School, Lisp (programming language), England and Wales, Trustee, Brooklyn Law School, Real estate, Winston & Strawn, Skidmore College, LL.M, Student, LLP, American Bankers Association, Das, SOAS, CLO, OPM, Education, Harvard Business School, Columbia University, Lawyer, Annual general meeting, Greenberg Traurig, Lincoln, ACIC, Binghamton University, American College, Finance, Transport, Seward & Kissel, Barnard College, University of London, Financial services

NEW YORK, Dec. 18, 2023 /PRNewswire-PRWeb/ -- Leading banking, finance, and restructuring lawyer Kalyan "Kal" Das joined Greenberg Traurig, LLP along with Sharan Calay and Andrew Silverstein. They join from Seward & Kissel, where Das has spent over three decades and was head of its Global Bank and Institutional Finance & Restructuring Practice. He will be based in the New York, London, and Bridgehampton offices. Calay and Silverstein, also previously at Seward & Kissel for more than two decades, will be based in New York. They join as shareholders.

Key Points: 
  • NEW YORK, Dec. 18, 2023 /PRNewswire-PRWeb/ -- Leading banking, finance, and restructuring lawyer Kalyan "Kal" Das joined Greenberg Traurig, LLP along with Sharan Calay and Andrew Silverstein .
  • They join from Seward & Kissel, where Das has spent over three decades and was head of its Global Bank and Institutional Finance & Restructuring Practice.
  • We have known the lawyers at Greenberg Traurig for quite some time and our clients will benefit by working with the talented global team, leveraging the firm's resources around the world," Das said.
  • She represents clients from various industries such as banks, financial institutions, and businesses in both domestic and cross-border financing transactions.

Side Letter Study by Seward & Kissel LLP Shows Flight to Mature Hedge Funds

Retrieved on: 
Martedì, Ottobre 17, 2023
Professional Services, Legal, Insurance, Finance, Consulting, Accounting, Seward & Kissel, Environment, Seward, Corporation, Cryptocurrency, Commercial property

The authors of Seward & Kissel’s eighth annual Hedge Fund Side Letter Study attribute the large and growing disparity between the share of side letters issued by mature and new managers in part to the challenging fundraising environment facing newer funds.

Key Points: 
  • The authors of Seward & Kissel’s eighth annual Hedge Fund Side Letter Study attribute the large and growing disparity between the share of side letters issued by mature and new managers in part to the challenging fundraising environment facing newer funds.
  • The Seward & Kissel 2022/23 Hedge Fund Side Letter Study, released today, shows that 84% of side letters—special agreements between hedge funds and their investors—were signed with mature managers, defined in the study as those in business for two or more years.
  • “Our eighth Side Letter Study has again unearthed valuable insights into the continued evolution of hedge funds and their investors,” said Kevin Neubauer , partner at Seward & Kissel and lead author of the study.
  • “The Seward & Kissel 2022/23 Hedge Fund Side Letter Study demonstrates strategic choices being made by hedge fund managers and their investor base alike.”

Amanda K. Brown Joins Seward & Kissel’s Maritime and Transportation Group

Retrieved on: 
Giovedì, Ottobre 12, 2023
Legal, Finance, Maritime, Consulting, Transport, Banking, Professional Services, Logistics, Supply Chain Management, Other Professional Services, Economic development, George Washington University Law School, New York City Economic Development Corporation, Seward & Kissel, Yale University, Ministry of Maritime Affairs, Transport and Infrastructure, Fesco Transport Group, Seward, Negotiation, Shipbuilding

Seward & Kissel LLP announced today that Amanda K. Brown has joined the firm’s New York office as special counsel in the Maritime and Transportation Group.

Key Points: 
  • Seward & Kissel LLP announced today that Amanda K. Brown has joined the firm’s New York office as special counsel in the Maritime and Transportation Group.
  • “Amanda has a wealth of experience and a rich understanding of maritime and transportation law, especially as it relates to complex financing transactions,” said Seward & Kissel managing partner Jim Cofer .
  • “We’re excited by her return to our firm and the skills she brings to our Maritime and Transportation practice.”
    Brown began her career at Seward & Kissel, where she was an associate from 2006 to 2014.
  • “Amanda is a valuable addition to Seward & Kissel’s maritime and transportation practice,” said Seward & Kissel partner Michael Timpone , head of the firm’s Transportation Finance Group.