Shant Chalian's arrival to the firm was profiled in the Law360 article titled, "Day Pitney Taps Ex-Robinson & Cole Group Chair As Counsel." Chalian, who has more than 25 years of experience, joins the firm as counsel in the Investment Management and Private Funds practice.
Chalian stated that Day Pitney's "impressive asset management, financial institutions and corporate client base [drew him to work at the firm,] and his practice aligns with the strategic goals of the team seamlessly."
Peter J. Bilfield, a partner and co-chair of the firm's Investment Management and Private Funds practice, added, "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 [types] of transactions by building a diverse team of multi-disciplined lawyers like Shant."
The article also highlights that this year the firm has added several other partners including in ones in White Collar, Health Care and Trusts and Estates.
Read the full article here.
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In May 2023, Day Pitney represented a state pension fund in connection with a $1 billion investment in an open-ended "fund of one" formed by an asset management company focused on acquiring below investment-grade broadly syndicated loans through an intermediate bankruptcy remote holding company.
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."
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.
In April 2022, 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 Asian healthcare companies.
Day Pitney Partners Gretchen Blauvelt-Marquez, Michael Fitzpatrick, James Leva, Nicole Magdiziak and Thomas O'Mullane's promotion to partnership and Partner Todd Terhune's arrival to the firm were featured in the New Jersey Law Journal's New Partners Yearbook 2023.
In December 2022, Day Pitney represented Iridian Asset Management LLC, a Connecticut-based investment management firm in connection with the formation of Iridian Global Impact Fund LP, a long-only private fund which invests primarily in impact-oriented public companies consistent with the European Union’s SFDR Article 9 guidelines.
In December 2022, Day Pitney represented a state pension fund in connection with a $500 million investment in a closed-end "fund of one" formed by an asset management company focused on direct private credit opportunities in the form of senior, mezzanine and opportunistic loans to lower middle market companies.
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