Simpson Thacher & Bartlett LLP announced today that Adam Z. Risell has joined the Firm’s Investment Funds Practice, where he will focus on structured fund products. He will be based in the Washington, D.C. office.
“The asset management industry’s capital formation techniques continue to evolve, and Adam’s extensive experience advising on cutting-edge, tailored structured products will be tremendously valuable to our clients across the sector,” said Alden Millard, Chair of Simpson Thacher’s Executive Committee. “We are very excited to welcome Adam to the Firm.”
Adam advises asset managers and sponsors in connection with a broad range of capital raising activities utilizing structured finance technology, including the formation of complex investment vehicles, such as rated note fund structures, and securitizations and other capital-efficient investment products, such as those designed for investment by insurance companies. He also advises on the development and distribution of collateralized loan obligation (“CLO”) captive funds, collateralized fund obligations (“CFOs”) and other similarly specialized funds. Adam also counsels business development companies (“BDCs”) and other registered funds relating to structured financing techniques. He joins the Firm from Cadwalader.
“Adam’s expertise in securitizations combined with a deep understanding of investment funds makes him a unique addition to our Investment Funds team, which is peerless in developing bespoke solutions to meet the needs of our clients,” said Michael Wolitzer, Head of Simpson Thacher’s Investment Funds Practice.
Rajib Chanda, Co-Managing Partner of the Firm’s Washington, D.C. office and Head of the Registered Funds Practice, added, “Adam is a rising star in a highly complex and growing area of securitized product development at all levels of funds structures, and he is known for being commercial and collaborative. We are thrilled to welcome him to our growing team in Washington, D.C.”
“Simpson Thacher has a world-class global Investment Funds platform that will afford me the opportunity to continue innovating for clients and growing my practice,” said Adam. “I’m excited to join this incredibly talented group of lawyers.”
With more than 40 years of experience, Simpson Thacher’s global, multidisciplinary Investment Funds Practice provides pioneering advice in both the public and private fund arenas. The Firm advises many of the world’s most sophisticated investment advisors firms, asset managers and other financial institutions on matters ranging from investment vehicle structuring and fundraising regulatory compliance and enforcement to all aspects of the retail investment management business, as well as the full breadth of transactions at the fund and management company/GP level involving transfers of equity and related issuances/financings.