In November 2021, Day Pitney represented Nickel Digital Asset Management Ltd, a London-based cryptocurrency asset manager, in connection with the formation of a multi-series Delaware limited partnership formed to invest in decentralized digital currency and tokens. Each series of the fund invests substantially all of its assets in a corresponding segregated portfolio of a Cayman Islands segregated portfolio company as part of a master-feeder structure in which the U.S. feeder fund invests in parallel with a separate Cayman Islands feeder fund. The Day Pitney Investment Management team, consisting of Peter Bilfield, Eliza Fromberg, Mike Cummings, Joty Mondal, Nicholas Thomas, and Kim Morabito, with U.S. tax assistance from Steve Ziobrowski and Justin Hannan, advised the client on the preparation of offering documents, including a private placement memorandum, series limited partnership agreement, subscription agreement, series designations and series appendices for each series. The Day Pitney team also advised the investment manager on registration with the CFTC as a commodity pool operator.
The arrival of Corporate Partner Elizabeth Yoo to the firm's New Jersey office was featured in the Bloomberg Law article "Day Pitney Grows New Jersey Office with Corporate Partner."
The news of Day Pitney Miami Trusts and Estates Partner Melissa Rodriguez joining the firm was featured in Law360 Pulse's article, "Private Client Atty From Akerman Joins Day Pitney in Miami."
In November 2023, Day Pitney represented an asset management firm based in Darien, CT, in connection with the formation of a private credit fund formed solely to make a multi-million dollar mortgage loan for the re-development and expansion of a brownstone located in New York, NY, the negotiation of an investment by affiliated private funds of a Rowayton, CT based investment manager, in the private credit fund, and the negotiation and closing of the mortgage loan.
The arrival of Day Pitney Trusts and Estates Partner Melissa Rodriguez to the firm’s Miami office was featured in Attorney at Law Magazine article, “Day Pitney Continues to Grow Private Client Department.”
The news of Melissa Rodriguez joining Day Pitney as a partner in the firm's Trusts and Estates practice was featured in Thomson Reuters' The Daily Docket Industry Moves column.
The arrival of Miami Trusts and Estates Partner Melissa Rodriguez was featured in the Daily Business Review article, "Day Pitney Lands Trusts & Estates Attorney from Akerman in Miami."
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The arrival of Miami-based Trusts and Estates Partner Melissa Rodriguez was featured in Bloomberg Law's Automation column.
In October 2023, Day Pitney represented a state pension system client in connection with a $200 million investment in a $20 billion private equity fund, and its accompanying co-investment vehicle, focused on acquiring, operating and disposing of financing, software, data and technology-enabled businesses.
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