Firm News
In Memoriam: Schulte Roth & Zabel Founding Partner Daniel S. Shapiro
April 15, 2016
With heartfelt sadness, Schulte Roth & Zabel mourns the passing of friend, colleague and mentor Daniel S. Shapiro, a founding partner of the firm and a pioneer in the hedge fund industry. Dan was among the entrepreneurial and courageous handful who founded SRZ almost 50 years ago. One of the leading minds in tax law and investment management, Dan moved to the United Kingdom to open the firm’s London office in 2002. As a recognized thought leader, Dan lectured and wrote extensively on the legal, tax and business aspects of investment funds.
Dan was a past member of the executive committee of the Tax Section of the New York State Bar Association and a former chair of the section’s Income from Real Property Subcommittee. He recently received The Hedge Fund Journal Award for Outstanding Achievement in the Hedge Fund Industry. Well-known for his civic and philanthropic involvements, Dan served on the Board of Governors and Executive Committee of the Weizmann Institute of Science in Israel, was a former Secretary and Executive Committee member of the New York City Partnership and Chamber of Commerce Inc., and was a past President of the Federation of Jewish Philanthropies of New York.
Dan was a greatly admired man who touched many lives in his personal and professional life. He will be sorely missed and never forgotten.
Related Insights
Alerts
The US Securities and Exchange Commission (“SEC”) and the Commodity Futures Trading Commission (“CFTC”) have overhauled Form PF and private fund managers have until March 12, 2025, to begin reporting on the new Form. The changes to the reporting requirements mandated by the amendments to the Form (“Form PF Amendments”) will require substantial preparation by many managers.[1]
Alerts
On March 1, 2024, New York Governor Kathy Hochul signed into law an amended version of the New York LLC Transparency Act (“NYLTA”),[1] requiring certain limited liability companies (“LLCs”) formed or authorized to do business in New York (each, a “NY Reporting Company”) to file a beneficial ownership information (“BOI”) report with the NY Department of State (“NY DOS”). Each NY Reporting Company will be required to disclose on its BOI report identifying information pertaining to each individual who directly or indirectly exercises substantial control or owns or controls 25 percent or more of the ownership interests of a NY Reporting Company (each, a “Beneficial Owner”) and the individuals involved in the NY Reporting Company’s formation or registration to do business in New York (each, an “Applicant”). Information reported to NY DOS will be maintained in a private database not accessible to the public. The NYLTA goes into effect on Jan. 1, 2026 and requires the NY DOS to promulgate regulations implementing the legislation.
Alerts
The US Securities and Exchange Commission (“SEC”) and the Commodity Futures Trading Commission (“CFTC”) have overhauled Form PF and private fund managers have until March 12, 2025, to begin reporting on the new Form. The changes to the reporting requirements mandated by the amendments to the Form (“Form PF Amendments”) will require substantial preparation by many managers.[1]
Alerts
On March 1, 2024, New York Governor Kathy Hochul signed into law an amended version of the New York LLC Transparency Act (“NYLTA”),[1] requiring certain limited liability companies (“LLCs”) formed or authorized to do business in New York (each, a “NY Reporting Company”) to file a beneficial ownership information (“BOI”) report with the NY Department of State (“NY DOS”). Each NY Reporting Company will be required to disclose on its BOI report identifying information pertaining to each individual who directly or indirectly exercises substantial control or owns or controls 25 percent or more of the ownership interests of a NY Reporting Company (each, a “Beneficial Owner”) and the individuals involved in the NY Reporting Company’s formation or registration to do business in New York (each, an “Applicant”). Information reported to NY DOS will be maintained in a private database not accessible to the public. The NYLTA goes into effect on Jan. 1, 2026 and requires the NY DOS to promulgate regulations implementing the legislation.
Alerts
The US Securities and Exchange Commission (“SEC”) and the Commodity Futures Trading Commission (“CFTC”) have overhauled Form PF and private fund managers have until March 12, 2025, to begin reporting on the new Form. The changes to the reporting requirements mandated by the amendments to the Form (“Form PF Amendments”) will require substantial preparation by many managers.[1]