Day Pitney remains committed to providing quality legal counsel, while protecting our clients and employees, and transforming our communities into more just, equal and equitable spaces. For more information, please visit our COVID-19 Resource Center | Racial Justice and Equity Task Force.
Day Pitney represented Irrational Capital in a strategic partnership with ValueAct Spring Master Fund which consisted of an investment in IC Workplace Alpha Fund LP, a private investment fund managed by Irrational Capital. Founded in 2017, Irrational Capital develops investment strategies that leverage statistically significant links between corporate culture and stock performance.
The Day Pitney Investment Management and Private Funds team consisted of Peter Bilfield and Eliza Fromberg along with Steve Ziobrowski on tax matters. The team advised on the terms of a strategic relationship agreement as well as the terms of various ancillary agreements, including the limited liability company agreement of IC Workplace Alpha Fund GP LLC. The team also provided advice on regulatory matters including state and federal investment adviser registration exemptions.
The partnership was featured in a Reuters article, "Ubben's Socially Conscious ValueAct Spring Fund Bets on Workplace Wonk."
Day Pitney Alert
Due to the COVID-19 pandemic, this year's annual Day Pitney Palm Beach Family Office Forum, which had originally been scheduled for April 28 and 29, has been postponed to hopefully be rescheduled for later this year.
On January 31, David Waizer will be speaking at "Drafting Lasting Business Contracts: Simple, Powerful Strategies That Stand The Test of Time," a program and live webcast presented by the New Jersey Institute for Continuing Legal Education, a division of the New Jersey State Bar Association.
Day Pitney Press Release
Senior Associate Justin M. Hannan and Partner Stephen Ziobrowski were quoted in the Law360 Tax Authority article, "Carried Interest Regs Leave Uncertainty On Family Managers."
Day Pitney Press Release
Hedge Fund Law Report covered Erik Bergman's move to Day Pitney's Stamford office in an article posted March 12.
Day Pitney LLP represented Pula Capital Management LP (Pula), a newly formed investment manager based in Virginia, in connection with (i) the acquisition of a minority ownership interest in Pula by Felton Group, LLC (Felton Group), and (ii) an investment by Felton Group in Pula Capital Fund, LP, a newly formed fund managed by Pula that intends to employ novel mathematical techniques and a proprietary, systematic predictive model to trade a diversified long-short portfolio of liquid U.S. equities.
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This website may use cookies, pixel tags and other passive tracking technologies, including Google Analytics, to improve functionality and performance. For more information, see our Privacy Policy. By using our website, you are consenting to our use of these tracking technologies. You can alter the configuration of your browser to refuse to accept cookies, but if you do so, it is possible that some areas of web sites that use cookies will not function properly when you view them. To learn more about how to delete and manage cookies, refer to the support instructions for each browser (e.g., see AllAboutCookies.org). You may locate Google Analytics' currently available opt-outs for the web here.