David E. Morris*

David’s recent representations include the following:

Fund Formation and Related Matters

• Advised general partners and family offices on the formation of alternative investment vehicles (e.g., mezzanine, private equity, and venture capital funds as well as special purpose vehicles) and their portfolio company investments, including:
  • Formation of $200MM real estate development investment fund.
  • Formation of fund raising $125MM for ag-tech investments, including negotiations of LP commitments from state treasurer's office and SSBCI-backed public-private entity.
  • Formation of $50MM sports tech and innovation fund.
  • Formation of $50MM property & casualty insurance investment fund.
  • Formation of $50MM healthcare and life sciences fund.
  • Formation of impact fund focused on underrepresented founders that received US Treasury-backed SSBCI investment.
  • Advising family offices on entity formations, fund investments, and direct investments.
  • Representation of multi-billion trust in its direct investment in logistics company.

• Represented limited partners investing in a $2 billion energy and financial services private equity fund, a $870 million healthcare and educational services investment fund, and a $50 million growth capital fund.
• Advised alternative investments fund manager in its $6.8 million debt financing for the buyout of a former member’s equity stake and to fund working capital needs.
• Represented operating partners in their fund consulting agreements and carried interest positions.

Financings

• $60 million in venture debt financing for broadband internet provider from private credit fund.
• Advised multi-billion charitable trust in its $15MM direct investment in transportation logistics company.
• Counseled developer and private equity sponsor in $11.5MM senior debt and subordinated debt financing of self-storage project.
• Represented VC Fund in its $2MM Series Seed Preferred Equity financing round & secondary stock purchase in educational learning platform.
• Advised university syndicate’s Series A Preferred Equity investment in specialty cosmetics and skincare company.
• Convertible Note and SAFE offerings for B2B technology firm focused on the Diversity, Equity and Inclusion space.

Mergers, Acquisitions, and Corporate Reorganizations

• Sale of client's broadband infrastructure assets to PE-backed strategic acquirer.
• Restructured $21MM lawn services company, including management purchase option.
• Sale of technology-led employee consulting firm to PE-backed platform company.
• Prepared $125MM healthcare services firm for investment bank-led sell-side auction.
• Represented senior management in acquisition creating investment advisory firm with assets with $10 billion under management.
• Sale of nutrition analysis company to publicly traded European laboratory services contractor.
• Purchase of PA consumer products manufacturing business and related bank financing.
• Global corporate restructuring of information and technology services company.