Mr Kenneth Wallach > Simpson Thacher & Bartlett LLP > New York, United States > Lawyer Profile

Simpson Thacher & Bartlett LLP
425 LEXINGTON AVENUE
NEW YORK, NY 10017-3954
NEW YORK
United States
Kenneth Wallach photo

Work Department

Corporate/Capital Markets

Position

Co-Head of the Firm’s Global Capital Markets Practice and a member of the Executive Committee, Ken Wallach represents clients including Weight Watchers, Dell Technologies, Mars/Wrigley, Cooper-Standard, Thrive Market, Xerox, Drummond, Candela Medical, Cole Haan, First Advantage, Cava, Zero Motorcycles, Frontdoor, Garda World Security and Global Blue. He regularly advises private equity sponsors, including Silver Lake, Apax and Invus, in connection with high yield and bridge financings and restructurings. His equity experience includes Issuer’s Counsel for the IPOs of First Advantage, Blue Buffalo and K2M. Ken also represents investment banks in IPOs, follow-on equity offerings and high yield and investment grade debt offerings, including as designated underwriters’ counsel for Cinemark and MEG Energy. Ken is also widely recognized as a leading expert on corporate governance issues, including ESG matters.

Career

Joined Firm in 1993: Partner, 2004.

Education

B.A., magna cum laude, Duke University, Phi Beta Kappa (1990); J.D., University of Virginia School of Law (1993).

Lawyer Rankings

United States > Finance > Capital markets: high-yield debt offerings

(Leading lawyers)

Kenneth Wallach – Simpson Thacher & Bartlett LLP

Simpson Thacher & Bartlett LLP is consistently at the forefront of the high-yield debt market, both for issuers and underwriters. The high-yield practice is rated for standalone transactions and those as part of leveraged financings, which is a particular forte for them. The firm advised on well over 100 high-yield deals in both 2020 and 2021; it achieves this volume of deals despite having a relatively small senior-bench compared to its natural competitors. Along with its prestigious underwriter client base, its swathe of private equity clients and their portfolio companies, the firm is also recognised for its regular engagements in deals involving first-time issuers. It has also made an impression in ESG and sustainability-linked financings. The firm is further noted for advising on deals involving high-yield issuers that are looking to achieve investment grade status. Roxane Reardon is a rounded debt capital markets specialist with an especially strong record in underwriter engagements. Kenneth Wallach is rated for private equity-related deals and transactions in the technology sector. Both are based in New York. The lauded Arthur Robinson has stepped down as global head of capital markets.

United States > Finance > Capital markets: debt offerings

Simpson Thacher & Bartlett LLP has an impressive mix of investment grade and high-yield debt engagements from both issuers and underwriters. The fully-rounded and extensive practice is also at the forefront of convertible debt offerings and equity-linked instruments, derivatives and other key DCM products. Its client base features a range of major corporate issuers, first-time issuers, private equity houses and investment banks. Kenneth Wallach is an experienced figure in investment grade and high-yield debt, along with restructuring-related offerings. John Ericson is noted for underwriter-side engagements for both investment grade and high-yield debt offerings, including transactions linked to leveraged buyouts. Ryan Bekkerus is a key figure in leveraged finance-driven high-yield offerings. Roxane Reardon and Marisa Stavenas are also noted for convertible debt and liability management transactions respectively. Of counsel Kevin Kennedy and partner William Brentani are key names in Silicon Valley. Arthur Robinson has stepped down as head of the capital markets group.

United States > Finance > Capital markets: equity offerings

Simpson Thacher & Bartlett LLP has a well-rounded and high-end equity offerings practice, driven by a balanced mix of investment bank, private equity sponsor and general corporate clients. The firm has gained further traction in SPAC IPOs and de-SPAC transactions. With its history in private equity, the firm has really benefitted from the trend of private equity sponsors taking their portfolio companies public. The firm has made further progress in representing tech companies and unicorns, thanks in part to the success of its Palo Alto office and the activities of its esteemed private equity clients such as Silver Lake Partners and Blackstone. A team led by leading equity capital markets specialist Joshua Ford Bonnie  advised Blackstone portfolio company Bumble on its headline $2.5bn IPO. Kenneth Wallach also has an excellent record in novel transactions, including for regular client Silver Lake Partners. Joseph Kaufman and Roxane Reardon are highly rated, along with Ryan Bekkerus. William Brentani and Kevin Kennedy are key names in Palo Alto. All named individuals are based in New York unless stated otherwise.