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919 Third Avenue
New York, New York 10022
United States of America
P: +1 212.756.2063
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Richard A. Presutti, a partner in the New York office, practices primarily in the areas of private equity, mergers & acquisitions, leveraged buyouts and alternative asset management transactional matters.
Rick received the M&A Atlas Deal of the Year award for his representation of Chrysler in its sale to the Fiat-led group. He graduated from Bentley College in 1992 and from Tulane University Law School, cum laude, in 1996.
Selected Representations
Private Equity/M&A Transactions
Represented Cerberus Capital Management in its sale of Chrysler Financial to TD Bank Group.
Represented Levine Leichtman Capital Partners in its acquisition of Revenew International.
Represented Red Pine Advisors in its sale to Houlihan, Lokey, Howard & Zukin.
Represented Marlin Equity Partners in its acquisition of the payment processing division of Unisys Corporation.
Represented the special committee of the board of directors of Tropicana Entertainment in its acquisition of a casino from Carl Icahn.
Represented Chrysler in its sale to the Fiat-led group.
Represented Merrill Lynch in the sale of its senior ABS CDO portfolio to an affiliate of Loan Star Funds.
Represented Chrysler in the sale of Tritec Motors to Fiat Powertrain.
Represented Sport Brands International in its series of sales of Fila Luxembourg, Cloudveil Mountain Works and Motionwear.
Represented Veritas Capital in its acquisition of Aeroflex Incorporated.
Represented Cerberus Capital Management in its acquisition of Chrysler from Daimler.
Represented a consortium of Cerberus Capital Management, Citigroup, Aozora Bank and PNC Bank in the acquisition of 51% of GMAC LLC from General Motors Corporation.
Represented Cerberus Capital Management in a series of bus industry acquisitions, including North American Bus Industries, Blue Bird and Optima Bus.
Represented Cerberus Capital Management and Blackacre Capital Management in their acquisition of LNR Property Corporation.
Represented Veritas Capital in its acquisition of DynCorp International.
Represented Cerberus Capital Management in its acquisition of the assets of Georgia Pacific’s distribution division.
Represented First Data Corporation in its acquisition of a majority interest in NYCE Corporation.
Represented Cerberus Capital Management in its acquisition of the worldwide operations of the Alamo and National car rental brands.
Alternative Asset Management/M&A Transactions
Represented FrontPoint Partners in its spin-off from Morgan Stanley.
Represented Montrica in its sale to TPG-Axon.
Represented Level Global Investors in the sale of a minority interest to Goldman Sachs’ Petershill Fund.
Represented Shumway Capital Partners in the sale of a minority interest to Goldman Sachs’ Petershill Fund.
Represented Harbinger Capital Partners (Phillip Falcone) in its buyout of Harbert Management Corporation.
Represented Beach Point Capital Management in a management buyback of the alternative business of Post Advisory Group.
Represented Lazard Asset Management in its sale of pre-IPO equity units to Lazard Ltd.
Represented Dolomite Capital Management in its sale of a majority interest to the Ashmore Group.
Represented Bayview Asset Management in its sale of a minority interest to The Blackstone Group.
Represented Arlon Capital in its purchase of a minority interest in Monarch Alternative Capital (f/k/a QDRA) and Monarch’s spin-off from Quadrangle.
Selected Publications
“Taking Stakes in Hedge Funds,” The Daily Deal, May 17, 2010 (co-author)
“Go-Shop Provisions,” SRZ Private Equity Developments, Fall 2007
More
Selected Speaking Engagements
“Current Trends in M&A, PIPEs and Co-Investment Transactions” and “Succession Planning,” SRZ 21st Annual Private Investment Funds Seminar, January 2012
“Negotiating the Agreement: Pricing, Governance, Marketing and Investor Consent,” Managed Funds Association Hedge Fund Manager M&A Seminar, September 2011
“Management Company Capital Transactions,” SRZ 20th Annual Private Investment Funds Seminar, January 2011
“Acquiring and Financing Distressed Assets,” SRZ 18th Annual Private Investment Funds Seminar, January 2009
“Strategic Investment in Fund Managers,” SRZ 17th Annual Private Investment Funds Seminar, January 2008
“Recent Developments in Private Equity Transactions,” Greenwich Private Investment Funds Seminar, May 2007
More
Bar Admissions
Education
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Tulane University Law School, J.D., cum laude, 1996
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Bentley University, B.S., 1992