David Sherman represents private equity clients on the full range of fund formation
Global firm Latham & Watkins LLP has hired David Sherman to join the firm’s New York office as a partner in the investment funds and private equity practices and a member of the corporate department. Previously with Kirkland & Ellis in New York, Sherman represents private equity clients on the full range of fund formation and related matters, including the formation, marketing, and management of private equity funds, launch of new business lines, and operational, legal, and regulatory issues at both the fund and sponsor level.
“We are thrilled to welcome David to Latham and our New York office,” said Marc Jaffe, office managing partner of Latham & Watkins in New York. “He has an excellent reputation in the market for providing clients with commercial, creative advice on their business-critical, sophisticated funds matters. There’s no doubt clients will benefit from his counsel while executing on their most important fund-related matters.”
Sherman represents a wide range of private equity sponsors, including publicly-traded global asset managers, middle-market sponsors, and first time fund sponsors, across various investment strategies such as buyout, aviation and other transportation strategies, structured equity, credit, special situations, real estate, and infrastructure.
He also represents sponsors on raising various types of co-investment vehicle products, warehouse vehicles, single deal vehicles, and other bespoke structures, and he counsels sponsor clients on internal economic and governance arrangements, seed investments, continuation funds, spin-offs, conflict transactions, and other corporate transactions involving private investment funds.
“Latham’s integrated global private equity platform is second to none, and I am looking forward to joining the team,” said Sherman. “The firm’s collegial culture and collaborative approach to partnering with clients will be a great fit for me and my practice. Latham’s investment funds practice will continue to be a destination for private equity sponsors and talent alike.”