Dechert LLP has a strong focus on financial services and asset management, with particular expertise in private equity and innovative fund structuring, including crypto-related work. The firm advises on corporate transactions, restructurings, and fund formation, as well as major global corporate and capital markets deals. The team is well regarded for its work in private equity-led deals and structured finance. Joshua Milgrim in New York leads the practice, advising on high-value transactions for a variety of industries, including tech, life sciences, and financial services. Joseph A. Riley, also New York-based, advises fund managers and investors on a wide range of fund types, including specialized asset classes such as cryptocurrency funds. Washington DC’s William Cejudo specializes in tax matters relating to structured finance transactions and is particularly adept at advising on investment vehicles alongside David Passey in New York.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘We use Dechert for our mortgage-backed securitization work and, specifically, we obtain advice and guidance from William Cejudo, a tax partner at the firm. Will has deep experience with mortgage-backed securitizations and REMICs. Moreover, Will is an innovative thinker who drives to find solutions. In short, Will delivers consistently practical tax advice. Finally, Will is extremely responsive, reliable and always accessible. ’

Key clients

  • 21Shares
  • AGL Credit Management LLC
  • Amber Infrastructure
  • ARK Invest
  • Bain Capital
  • Centerbridge Partners
  • Concentra Group Holdings Parent, Inc.
  • Court Square Capital Partners
  • Estancia Capital Partners
  • Graham Partners

Work highlights

  • Advised MiddleGround Capital, a private equity firm managing over US$3.5 billion in assets, on a take-private merger with L.S. Starrett Company.
  • Advised GQG Partners Inc. (GQG), a U.S.-based global investment boutique focused on managing active equity portfolios, on an agreement for an affiliate of GQG to acquire equity interests in certain boutiques from Pacific Current Group Limited and certain of its U.S. affiliates (collectively, PAC). PAC is a global multi-boutique asset management business based in Australia.
  • Represented Select Medical before the Internal Revenue Service and was successful in obtaining a private letter ruling that would allow Select Medical to distribute the stock of Concentra to its public stockholders in a tax-free spin-off, and would permit the distribution of almost US$2 billion of cash to Select Medical without any adverse tax consequences.

Lawyers

Practice head

Joshua Milgrim

Other key lawyers

Joseph Riley; William Cejudo; Ari Zak; David Passey; Kevin Zaragoza