Shant H. Chalian has joined Day Pitney LLP as counsel in the firm's Investment Management and Private Funds practice, resident in its Stamford office. He joins the firm from Robinson + Cole.
"Shant has established a highly successful and diverse legal practice, including extensive corporate, mergers and acquisitions, and securities knowledge. With his vast experience and contacts in the investment management industry, Shant is constantly attuned to the current market terms in these areas," said Peter J. Bilfield, Co-Chair of the firm's Investment Management and Private Funds practice group. "In addition to the significant increase we are seeing this year in fund formation work from U.S. sponsor clients as well as our non-U.S. sponsor clients in Europe and Asia, we are also working with investment managers and other advisors in connection with M&A, spin-out, recapitalization and management buy-out transactions. Shant's deep M&A and fund formation experience will help us better serve our investment management clients engaging in these type of transactions by building a diverse team of multi-disciplined lawyers like Shant."
Chalian's overall practice is focused on fund formation, mergers and acquisitions, venture capital, and securities. He assists a range of clients, including private equity and hedge funds and their sponsors, large corporations, middle-market companies, family-owned businesses, and venture capital groups. Chalian advises sponsors in connection with the formation and capitalization of traditional private equity, buyout, co-investment, hedge, mezzanine, real estate and venture capital funds, with an emphasis on funds exempt from registration under the Investment Company Act. He works closely with fund sponsors in preparing offering materials and drafting and negotiating partnership and subscription agreements, management agreements and side letters. Chalian also advises clients in the acquisition and financing of private and public companies. Within his practice, he works with private equity and venture capital groups and smaller private and start-up companies on seed, venture and other early to late stage financings.
"I joined Day Pitney because the firm has an impressive asset management, financial institutions and corporate client base, and my practice aligns with the strategic goals of the team seamlessly," stated Chalian.
Chalian earned his LL.M. in Corporate Law from New York University School of Law; his J.D., magna cum laude, from St. John's University School of Law, where he was Editor of the St. John's Law Review; and his B.A. in Economics from New York University. He is admitted to practice in Connecticut and New York.
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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