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Katten

525 WEST MONROE STREET, CHICAGO, IL 60661-3693, USA
Tel:
Work +1 312 902 5200
Fax:
Fax +1 312 902 1061
Email:
Web:
Katten.com

Lance Zinman

Tel:
Work 1.312.902.5212
Email:
Web:
www.kattenlaw.com/Lance-Zinman
Katten

Work Department

Financial Services

Position

Lance Zinman serves as global co-chair of Katten's Financial Services practice and sits on the firm's Board of Directors and Executive Committee. Lance is a Registered Foreign Lawyer and a non-practicing partner in Katten Muchin Rosenman UK LLP. He represents hedge funds and commodity pools in all asset classes, private equity funds, investment advisers, commodity trading advisors and other asset managers. He also advises a broad cross section of proprietary trading firms—large and small—including many of the major firms in the industry. Lance's multidimensional skill set is unique, combining a deep understanding of corporate, regulatory, intellectual property and tax law, along with broad knowledge of the securities and derivatives markets. His extensive experience with these interconnected areas enables him to apply creative solutions to legal challenges, while also providing practical, common sense counsel.

Lance provides comprehensive legal services to institutional and emerging asset managers and proprietary trading firms in need of a single advisor who can assist them with all aspects of their business. He counsels them on a wide range of issues, including corporate formation structure, futures, derivatives, securities and other regulatory matters, trading issues, brokerage and derivatives documentation, tax planning, intellectual property matters, labor issues, equity and debt financings, mergers and acquisitions, joint ventures and seed deals. Originally a corporate attorney, Lance later joined the firm's Financial Services group, creating an efficiently integrated transactional and regulatory practice.

As a Chicago-based attorney, Lance has significant experience with volatility, algorithmic, low-latency and other trading strategies involving the use of futures, options and other derivatives. In addition, he counsels clients in other sectors of the financial markets, including domestic and foreign exchanges, brokerage firms, swap counterparties and other participants in over-the-counter transactions. Lance also advises clients that are looking to establish a presence internationally or trade directly on foreign exchanges.

Separately, he represents clients in the entertainment and sports industries as well, including the Chicago Bulls, Chicago White Sox and Oakland Athletics.

Lance is frequently tapped to speak at events on topics relating to hedge funds and proprietary trading, including Managed Funds Association (MFA) conferences and the SkyBridge Alternatives conference (SALT). Crain’s Chicago Business selected Lance for its prestigious 2012 “40 Under 40” list describing him as “a rare lawyer under 40 atop a big firm practice.” Lance was also named one of “40 Under 40 to Watch” in 2008 by the Chicago Daily Law Bulletin which noted that his “breadth and depth of experience have led his clients to describe him as one of the city’s top business lawyers.” In 2009, he was one of six attorneys to be named the “Next Generation of Leaders” by Chicago Lawyer magazine.

Lance is also on the global board of directors of Hedge Funds Care, an international charity supported by the hedge fund industry dedicated to the prevention and treatment of child abuse.  

Education

JD, Northwestern University School of Law, cum laude, 1998; BA, Honors College at Michigan State University, with highest honors, 1995


United States: Finance

Financial services regulation

Within: Financial services regulation

Combining 'the highest-caliber legal intelligence with carefulness and cross-sectional business knowledge', Katten provides 'user-friendly, responsive and commercial advice' to clients on both the buy and sell side. A particular strength of the firm is its 'broad knowledge of derivatives law', where clients appreciate its ability to provide 'practical, real-world advice' on the regulatory issues impacting exchange-traded and OTC derivatives across all asset classes and transaction types. Working alongside the firm's London office, New York-based of counsel Guy Dempsey is assisting ICBC Standard Bank on all aspects of commencing a new swap business and registering as a swap dealer with the Commodity Futures Trading Commission (CFTC). Chicago-based practice co-head Lance Zinman has an excellent understanding of the regulatory regimes underpinning activity undertaken by hedge funds and proprietary trading firms. Alongside New York-based Allison Yacker, he recently advised Waterfall Asset Management on the creation of a fund structure that facilitates investment by non-US persons in assets that generate income effectively connected to a US trade or business. Wendy Cohen is recognized as a 'standout practitioner' for broker-dealer matters and is a key member of the team, as are 'rock star' Henry Bregstein and Arthur Hahn, who also co-head the team from New York and Chicago, respectively. Other clients include Royal Bank of Canada, UBS and Futures Industry Association.

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United States: Investment fund formation and management

Alternative/hedge funds

Within: Alternative/hedge funds

Fund formation mandates form the backbone of Katten's workload, however the team also has a strong reputation in the market for advising on quant funds and manager M&A deals. Lance Zinman and Allison Yacker advise Waterfall Asset Management on regulatory matters, fund formation, structuring and investment deals, while of counsel Fred Santo and Wendy Cohen assist Welton Investment Partners with fund restructuring matters. Other clients include AQR Capital Management and Burford Capital. Zinman and Henry Bregstein jointly lead the practice. Other than Zinman in Chicago, named lawyers are based in New York.

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