Michael Hoffman heads Skadden’s Investment Management Group. He represents public and private investment funds, business development companies, investment advisers, underwriters and investment banks in connection with the structuring and distribution of financial products in U.S. and cross-border transactions.
Mr. Hoffman regularly counsels investment funds and their boards of directors, advisory boards and investment advisers in connection with transactional, regulatory and compliance issues.
In the public investment company area, Mr. Hoffman has advised issuers and underwriters in more than 50 offerings of common and preferred shares of open-end and closed-end investment companies.
His experience in this area includes representing closed-end funds for BlackRock, Guggenheim, The Invesco Van Kampen Funds, Tennenbaum Capital Partners and Fortress Investment Group.
Business development companies advised by Mr. Hoffman include American Capital, Ltd., Apollo Investment Corporation, BlackRock Kelso Capital Corporation, Tennenbaum Capital Partners Corp. and TPG Specialty Lending, Inc.
Mr. Hoffman counsels operating companies, such as Fortress Investment Group LLC in connection with investment company status issues. He advised Yahoo! Inc. in connection with its planned spin-off of shares of Alibaba Group Holdings Limited into a registered investment company.
He advised Nuveen Investments, Inc., an investment management firm, with the investment management and regulatory aspects of its $6.3 billion acquisition by Teachers Insurance and Annuity Association – College Retirement Equities Fund (TIAA-CREF) from Madison Dearborn Partners, LLC, a private equity firm.
He also advised Fortress Investment Group LLC and Och-Ziff Capital Management Group LLC in connection with their initial public offerings. Mr. Hoffman has counseled numerous mortgage REITs in connection with investment company status issues, including:
- American Capital Agency Corporation
- Newcastle Investment Corporation
- New Residential Investment Corporation
- Starwood Property Trust, Inc.
- Western Asset Mortgage Capital Corporation
Mr. Hoffman also has counseled NaREIT in connection with Investment Company Act issues applicable to REITs. Mr. Hoffman repeatedly has been selected for inclusion in Chambers USA: America’s Leading Lawyers for Business and was listed in Best Lawyers in America in 2016.
- J.D., Duke University, 1989 (Duke Law Journal)
- B.A., University of Notre Dame, 1986 (cum laude)
- New York
- Committee on Investment Management Regulation of the New York City Bar
- Advisory Board of the Global Capital Markets Center at Duke University
Rate : $$$$