Mr Lona Nallengara > Shearman & Sterling LLP > New York, United States > Lawyer Profile

Shearman & Sterling LLP
599 LEXINGTON AVENUE
NEW YORK, NY 10022-6069
NEW YORK
United States

Work Department

Corporate Business Unit and Capital Markets

Position

Partner and Global Head of the Corporate Business Unit

Career

Lona Nallengara is the Global Head of the Corporate Business Unit and a partner in the Capital Markets practice.

He focuses on advising companies, financial institutions and their boards on corporate governance, disclosure, and securities law compliance matters and on the financial regulatory process. He also advises companies and financial institutions on all aspects of public and private offerings of equity, equity-linked, high yield debt and investment grade debt securities.

Prior to returning to the firm in 2017, Lona served in senior positions at the Securities and Exchange Commission for over four years. From 2013 to 2015, he served as Chief of Staff to SEC Chair Mary Jo White, where he was the top advisor to the Chair on all issues, including policy development, rulemaking, strategy and management. During this time, he led the rulemaking and implementation efforts related to all mandates under the Dodd-Frank and JOBS Acts and directed the SEC’s asset management, market structure, public company disclosure effectiveness and private offering reform programs. He also served as the SEC deputy to the Financial Stability Oversight Council and was the primary SEC liaison with other financial regulators. Lona joined the SEC in 2011 as Deputy Director of the Division of Corporation Finance and later became its Acting Director. In this role, he was responsible for the division’s overall activities and operations, including rulemaking, interpretive guidance and the public company filing review program. Following his SEC tenure, Lona joined Bridgewater Associates, LP, where he was the Chief Governance Officer and a senior advisor to founder Ray Dalio.

Lona first joined the firm in 1998 and became a partner in 2007.

Memberships

New York

Education

Osgoode Hall Law School, York University
LL.B.
University of Western Ontario
B.A.

Lawyer Rankings

United States > Finance > Capital markets: debt offerings

Shearman & Sterling LLP has a prestigious record in investment grade bonds. It continues to attract frequent engagements from both issuers and underwriters, including in bulge-bracket offerings. Historically, the capital markets team has operated more regularly on the underwriters’ side with close links to the top global financial institutions, though it has achieved greater prominence on the issuer front in recent years. The firm is also noted for its representation of Canadian financial institutions and other Canadian issuers in bond offerings, thanks to the presence of Jason Lehner, who splits his time between New York and Toronto. Lona Nallengara and Richard Alsop are also highly rated partners in New York.