David Nissenbaum

Co-Head of Credit Funds. Primarily represents alternative investment managers and private investment funds in all aspects of their businesses. Specializes in "Upper Tier Agreements" among the owners of private fund managers and the strategic investments, control transactions and succession planning that that are often part of the ownership lifecycle. David is known for his extensive knowledge of market terms and his commercial approach to evaluating risks and handling negotiations. For many years David has been named a “Leader in His Field” by Chambers USA and Chambers Global. His peers note that David is “considered one of the top fund lawyers around, and deservedly so.” He is “praised by clients for his unwavering commitment,” and is described as “very engaged, thorough, thoughtful and extremely useful as our quarterback.” David dedicates most of his practice to designing, structuring and advising credit, hedge, private equity, hybrid, distressed investing, activist and energy funds, co-investments vehicles, funds of funds, multi-manager platforms and co-investment platforms. Working with the Regulatory & Compliance Group his work includes counseling clients on finding practical solutions to regulatory and compliance requirements, including the Volcker Rule, and managing conflicts of interest. Since the early 2000s David has been at the leading edge of industry developments and market practices in “Upper Tier” management company partnerships, compensation plans and succession plans, seed and strategic investments and spinoffs of investment teams. In addition, David has been recognized as a key player in private fund formation by The International Who’s Who of Private Funds Lawyers, PLC Cross-border Private Equity Handbook, The Legal 500 US, and Expert Guide to the World’s Leading Banking, Finance and Transactional Law Lawyers. He has authored or co-authored “Management Company Structures and Terms,” published by ALM Law Journal Press, and “Succession Planning White Paper.” · McDermott Will & Schulte

United StatesInvestment Funds, Private Equity

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About

David Nissenbaum is Co-Head of Credit Funds at McDermott Will & Schulte, focusing on the formation and structuring of credit, hedge, private equity, and alternative investment funds. He advises on upper-tier management agreements, strategic investments, and regulatory compliance matters.

Practice areas

Investment FundsPrivate EquityHedge FundsCredit FundsAlternative InvestmentsRegulatory Compliance

Office

United States

McDermott Will & Schulte · Co-Head of Credit Funds. Primarily represents alternative investment managers and private investment funds in all aspects of their businesses. Specializes in "Upper Tier Agreements" among the owners of private fund managers and the strategic investments, control transactions and succession planning that that are often part of the ownership lifecycle. David is known for his extensive knowledge of market terms and his commercial approach to evaluating risks and handling negotiations. For many years David has been named a “Leader in His Field” by Chambers USA and Chambers Global. His peers note that David is “considered one of the top fund lawyers around, and deservedly so.” He is “praised by clients for his unwavering commitment,” and is described as “very engaged, thorough, thoughtful and extremely useful as our quarterback.” David dedicates most of his practice to designing, structuring and advising credit, hedge, private equity, hybrid, distressed investing, activist and energy funds, co-investments vehicles, funds of funds, multi-manager platforms and co-investment platforms. Working with the Regulatory & Compliance Group his work includes counseling clients on finding practical solutions to regulatory and compliance requirements, including the Volcker Rule, and managing conflicts of interest. Since the early 2000s David has been at the leading edge of industry developments and market practices in “Upper Tier” management company partnerships, compensation plans and succession plans, seed and strategic investments and spinoffs of investment teams. In addition, David has been recognized as a key player in private fund formation by The International Who’s Who of Private Funds Lawyers, PLC Cross-border Private Equity Handbook, The Legal 500 US, and Expert Guide to the World’s Leading Banking, Finance and Transactional Law Lawyers. He has authored or co-authored “Management Company Structures and Terms,” published by ALM Law Journal Press, and “Succession Planning White Paper.”

United States

Expertise

Upper Tier Management AgreementsStrategic InvestmentsSuccession PlanningRegulatory ComplianceCompensation Plans

Education

J.D., Brooklyn Law School
B.A., State University of New York at Albany