Mr David Efron > Schulte Roth & Zabel LLP > New York, United States > Lawyer Profile

Schulte Roth & Zabel LLP
919 THIRD AVENUE
NEW YORK, NY 10022
United States
David Efron photo

Work Department

Investment Management, Hedge Funds

Position

David J. Efron is co-managing partner of the firm. He serves as co-head of the Investment Management Group and as a member of the Executive Committee. With more than 25 years of experience, David has a broad practice advising private fund managers that employ a wide range of investment strategies. He represents many of the world’s largest private fund managers on formation, structuring, organization, compensation, operations, seed capital and joint venture arrangements and restructurings, among other types of matters related to their funds and management companies. Notably, David has advised on many of the largest start-up hedge fund launches in the industry over the past few years. Additionally, David also represents private fund managers in connection with SEC regulatory issues and compliance-related matters.

Schulte’s Investment Management Group, which David co-heads, has been described as the “preeminent name in this area” and at “the forefront of this industry” by Chambers, a prominent industry publication that ranks firms and lawyers. David is listed in Chambers GlobalChambers USA, Expert Guide to the World’s Leading Banking, Finance and Transactional Law LawyersThe Legal 500 US and Who’s Who Legal: The International Who’s Who of Private Funds Lawyers. In particular, The Legal 500 US has praised his “superb judgment and deep expertise” and recognized him as “an extraordinarily capable attorney. He has a mastery of the pertinent matters, but he also brings a pragmatic approach.” Chambers Global and Chambers USA noted that David is “an outstanding lawyer, with excellent judgment and the necessary soft touch during the delicate negotiations that occur during a start-up/launch” and that “he is attuned to the business considerations and provides measured, reasoned advice that reflects his deep experience and industry knowledge.” A published author on subjects relating to investment management, he is a sought-after speaker for hedge fund industry conferences and seminars and a frequent guest lecturer at New York-area law schools and business schools. David received his B.A. from Vassar College, his J.D. from Syracuse University College of Law and an LL.M. degree in securities regulation, with distinction, from Georgetown University Law Center.

Education

Georgetown University Law Center, LLM, with distinction; Syracuse University College of Law, JD, cum laude (Executive Editor, Syracuse Law Review); Vassar College, BA.

Lawyer Rankings

United States > Investment fund formation and management > Alternative/hedge funds

(Leading lawyers)

David EfronSchulte Roth & Zabel LLP

Schulte Roth & Zabel LLP‘s pre-eminent practice continues to serve leading alternative investment managers worldwide from the firm’s New York office. The deep bench fields seasoned specialists, well versed in the gamut of strategies, funds and asset classes, including credit and direct lending, traditional hedge, activist, digital, and real estate; cryptocurrency has recently become a particular area of strength for the team, which is increasingly involved with cutting-edge matters at the intersection of investment funds and blockchain. The offering is also noted for its seamless co-operation with relevant sub-groups, including those concerned with regulatory and tax issues, litigation, and M&A. Stephanie Breslow, David Efron, Peter Greene, and David Nissenbaum comprise the core leadership of the department. Jennifer Dunn, whose workload spans structuring, formation and ongoing operational needs, as well as general securities and compliance matters, is also recommended.

United States > Investment fund formation and management > Private equity funds (including venture capital)

At Schulte Roth & Zabel LLP, the group is well versed in handling all aspects of private equity fund formation and operation, advising on issues far past a fund’s creation, as well as those surrounding the initial structuring. The offering’s stellar reputation for regulatory and compliance matters ensures that a notable roster of global investment advisers is represented by the firm in this space; Joseph Smith is a key name to note for such work. Other areas of strength include assisting innovative funds – particularly those involved with blockchain technology and digital assets – advising clients on hybrid funds with a private equity style, and transactions relating to funds. Stephanie Breslow, David Efron, Peter Greene, and David Nissenbaum jointly lead the team. Phyllis Schwartz is also recommended for her extensive experience working with institutional investors. All named attorneys are based in New York.