New York, April 1, 2020 — Schulte Roth & Zabel (SRZ) announces the addition of Daniel Daneshrad as special counsel in the Investment Management Group. He is resident in the firm’s New York office. Mr. Daneshrad joins the firm from Fried, Frank, Harris, Shriver & Jacobson. He was also previously with Simpson Thacher & Bartlett.
Mr. Daneshrad focuses his practice on advising private investment funds and investment advisers in connection with their structuring, formation and ongoing operational needs, as well as on regulatory and compliance matters. He advises on all aspects of fund formation, including preparation of private placement memoranda and preparation and negotiation of limited partnership agreements, side letters and review of documentation for compliance with SEC regulations.
“We are pleased to welcome Daniel to SRZ. His high-level expertise and sophisticated practice further deepen our bench,” said Marc Elovitz, SRZ co-managing partner and chair of the Investment Management Regulatory & Compliance Group. “As market volatility creates uncertainties, Daniel’s senior-level experience will be a great asset to our clients,” said David Efron, SRZ co-managing partner and co-head of the Investment Management Group.
“Daniel is a leading lawyer with vast knowledge in employing a range of investment strategies across asset classes,” commented Stephanie Breslow, co-head of SRZ’s Investment Management Group. “Daniel is well versed on the challenges and opportunities for funds and managers. We are delighted to have him join us,” said David Nissenbaum, co-head of the Investment Management Group.
SRZ has the largest practice globally serving alternative investment managers. Alternative investment management encompasses credit and direct lending funds, hedge funds, private equity and real estate funds, activist investing, CLOs and specialty finance.
“Schulte stands apart in the industry as an innovative and entrepreneurial firm with market-leading experience across a broad array of alternative investment managers. I am excited to work alongside such a talented group of lawyers,” said Mr. Daneshrad, who holds a J.D. from NYU School of Law and a B.A. from the University of California, Berkeley.
With a great depth of practice, SRZ advises on the formation and operation of a wide array of funds with varying investment strategies, including hedge funds, private equity funds, credit funds, distressed funds, real estate funds, activist funds and hybrid funds, among others. SRZ is consistently placed in the top tiers in rankings, including in Chambers and The Legal 500. SRZ was named one of the “Asset Management Practice Groups of the Year” by Law360. SRZ lawyers provide advice on U.S. and U.K. law to a wide variety of funds and managers worldwide. Notably, SRZ is one of only a few law firms with a dedicated regulatory and compliance practice within its private funds practice. The lawyers have specialized expertise on the issues private fund managers face in setting up, running and growing their businesses.