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.
The Day Pitney Investment Management and Private Funds team representing Pula was led by Peter Bilfield, Eliza Sporn Fromberg and Ally Chiu, and included Steve Ziobrowski and Justin Hannan on tax matters, Michael Kaufman on finance matters, and Cathy O'Connor on intellectual property matters. The team negotiated and drafted the terms of a strategic relationship agreement, the limited partnership agreement of the investment manager and the offering documents for Pula Capital Fund LP.
Day Pitney Press Release
Day Pitney's annual Palm Beach Family Office Forum was featured in The Florida Bar News article, "Day Pitney Hosts 2023 Palm Beach Family Office Forum."
Day Pitney Partners George Chaclas and Renée Evangelista, and Senior Associate Leigh Furtado were each honored with a Rhode Island Monthly Professional Excellence in Law Award for 2023.
Day Pitney Intellectual Property Partner Alex P. Garens was featured in Law.com's Q&A "How I Made Practice Group Chair: 'Leaders Are Made, Not Born' So 'Put in the Time to Develop Yourself,' says Alex P. Garens of Day Pitney."
Day Pitney Multistate Tax Practice Chair Scott Brian Clark was recently appointed to Bloomberg Tax's State Tax Advisory Board.
Day Pitney Intellectual Property and Technology attorneys George Chaclas and Emily Ferriter Russo recently authored the Law360 article, "An Overlooked Tool to fight USPTO 'Restriction.'"
Day Pitney Partner Namita Tripathi Shah was featured in the Diverse Lawyers Network newsletter for her election to the firm's Executive Board.
Day Pitney's new Managing Partner Gregory A. Hayes was featured the Hartford Business Journal article, "Strategic Growth: Day Pitney Names New Managing Partner; Plans Downtown Hartford Move."
Day Pitney Press Release
In February 2023, Day Pitney represented a Singapore-based investment management firm in connection with the formation of an ERISA “hardwired” master-feeder fund structure focused on investing primarily in the Australian resources sector using a long/short investment approach.