PERRICONE LAW

485 Lexington Avenue - Suite 1400       New York, New York  10017                  +1-212-758-8131   Contact@PerriconeLaw.com   

Anthony L. Perricone

 

Anthony Perricone is the Founding and Managing Partner of Perricone Law. Tony focuses his broad investment management practice on representing private fund sponsors, investment managers, institutional investors, and family offices, and has close to 25 years of experience in fund formation, partnership and limited liability company (LLC) law, Securities and Exchange Commission registration and compliance, investor negotiations, and secondary transactions.

Anthony counsels hedge funds in traditional long/short equity, fixed income, distressed debt, global-macro, technology, health care, risk arbitrage, emerging markets, and commodity trading strategies. He is experienced in structuring and organizing funds as domestic partnerships, offshore companies, limited liability companies, master-feeder structures, separately managed accounts (SMAs), and joint ventures.

 

Tony also advises private equity fund sponsors investing in manufacturing companies, telecom and media assets, consumer product companies, health care and technology, as well as major real estate fund sponsors investing in commercial, multi-family, industrial, and hospitality properties throughout the United States and Europe. Tony works with both large and small specialty fund sponsors that have been formed to invest in commodities, renewable energy projects, oil tankers, fine art, and other assets.

 

Tony also advises institutional investors, pension plans, sovereign wealth funds, family offices, and high-net-worth individuals regarding alternative asset investments and dispositions, as well as in negotiating strategic equity and seed investments in emerging managers. He is experienced in negotiating investment management agreements, co-investment agreements, and side letter agreements.

 

Prior to practicing law, Tony was a CPA and financial consultant with PricewaterhouseCoopers in New York City before moving to Geneva, Switzerland to become a strategic advisor to a prominent family office with interests in shipping, banking, oil refining, and real estate.

 

Tony is a graduate of Drexel University where he majored in Accounting & Finance, and holds a JD from The George Washington University Law School where he was selected as an Editor of the George Washington University Journal of International Law and was appointed as a Member of the Moot Court Board.  Tony has also been an Adjunct Professor at New York University, where he taught courses in Mergers & Acquisitions.

 

Tony is admitted to practice in New York, New Jersey, and Pennsylvania.

SELECT TRANSACTIONS

  • General Fund Formation - Acted as lead attorney responsible for the formation and ongoing representation of several of the world’s largest hedge funds, private equity funds, and real estate funds - many with current assets under management of between $10 billion and $50 billion.

  • Secondary Sale of LP Interests - Advised the pension plan of a large telecommunications company in the disposition of $850 million of limited partnership interests in several private equity funds as part of a $7.5 billion transaction.

  • Investor Representation - Represented a German insurance company in the negotiation of its $150 million investment into a U.S. based private equity real estate fund.

  • Family Office Formation - Advised an oil company executive and his spouse on the structuring and organization of a family office designed to have the next generation participate in the management of the family’s investments and wealth.  

  • Investor Representation - Represented a Swiss foundation in the negotiation of its $15 million investment into a U.S. based private equity fund.

  • Real Estate Fund Formation - Represented a prominent New York City based real estate investment firm in connection with the launch of its fourth investment fund to raise $250 million for investment in environmentally, socially, and economically responsible projects.

  • Private Equity Fund Formation - Represented and advised a private equity sponsor on the structuring, organization, and launch of a pledge fund backed by five of the wealthiest and most prominent families in the United States and abroad.

  • Seed Financing - Advised a venture capital fund with a seed round investment into a start-up health care company using an innovative technology platform to deliver health care services.

  • Fund Restructuring - Advised a New York City based real estate investor in the restructuring and buyout of over 100 of its limited partners invested across more than 30 separate limited partnership investment vehicles.

  • Family Office Investment - Advised the family office and founder of one of the largest and most influential tech companies in the world in connection with two investments into major private equity funds.

  • Sovereign Wealth Fund Investment - Advised an Asian sovereign wealth fund in connection with substantial investments into two U.S. based private equity funds and one U.K. based hedge fund.

  • General Counsel Representation - Served as outside General Counsel to a number of private equity funds, hedge funds, venture capital funds.

  • Litigation Support - Represented a major accounting firm in a comprehensive legal review of SEC case law and enforcement actions in connection with the collapse of a $8 billion hedge fund.

  • Employment Agreement - Advised a prominent equity trader in the negotiation of a severance agreement with his prior employer, and in the negotiation of an employment agreement with a prominent investment manager.

  • JV Negotiation - Advised a prominent real estate investment firm in negotiating a partnership agreement with institutional investors to fund the development of a new ultra-luxury hotel brand.

  • Hedge Fund Formation - Advised an emerging manager in launching a $100 million hedge fund on a capital introduction platform to trade in and around various equity securities influenced by political and policy-driven catalysts.

  • Investment Adviser Acquisition - Represented a Dutch bank in its purchase of a U.S. investment adviser managing over $2 billion in separate accounts.

  • Captive Fund Formation - Represented a fund manager in connection with the launch of a newly formed investment vehicle for a prominent New York based family office to purchase unsecured bankruptcy claims.

  • Real Estate Fund Financings - Advised the asset management division of a global bank in several financing transactions, including a $360 million refinancing of a senior loan secured by nine properties located in the United Kingdom, a $35 million mezzanine loan secured by 19 properties located in the United States, and an $18 million acquisition loan secured by a property in Switzerland.

  • Energy Fund Formation - Represented a South American based capital group in connection with its formation of an offshore fund complex to engage in the trading of oil and petroleum-based products.

  • Private Equity Fund Formation - Structured and formed several private investment funds designed to organize and rationalize the personal investment portfolio of the founder of a major computer hardware company.

  • Commodities Fund Formation - Advised a commodities trading adviser in the formation of a fund to trade carbon emission credits on the Chicago Climate Exchange and the European Climate Exchange.

  • Real Estate Fund Formation - Represented California based partners in their formation and launch of a $150 million real estate fund sponsored by three large pension plans to focus on the acquisition of hospitality properties, retirement housing, and other operations-intensive real estate assets.

  • Real Estate Fund Formation - Structured and formed three real estate investment funds sourcing large pools of private capital from prominent families in Germany to invest in the United States.

  • Family Office Representation - Provided advice to a wealthy European family on the use of a common trust fund structure under Section 3(c)(3) of the Investment Company Act to manage the wealth of the extended family members.

  • Hedge Fund Formation - Formed and launched an investment advisory firm as a joint venture between several traders from major investment banks and a prominent New York family office to trade in mortgage-backed securities.

  • Regulatory Compliance - Retained by a large U.S. hedge fund sponsor to prepare a compliance manual, a code of ethics, sub-advisory agreements, and placement agent agreements, and to provide advice on related compliance issues.

  • Hedge Fund Formation - Represented group of FX traders forming a fund to employ a derivative and structured arbitrage trading strategy during the convergence of several European currencies to the Euro.

  • Private Equity Fund Formation - Advised a group of European investors using a side-by-side fund structure to make private equity investments in China.

  • JV Negotiation - Advised a large California-based real estate developer in the negotiation of joint venture buy-out provisions in connection with a large real estate development project in Hawaii.

  • Exchange Fund Formation - Advised leading global investment bank in the formation of a fund to permit investors with large positions in public companies to contribute stock in exchange for fund interests in order to diversify their holdings.

  • Fund Liquidation - Advised $3.5 billion multi-strategy fund on the sale of its alternative assets.

  • Real Estate Fund Formation - Represented Chicago-based real estate investment group in connection with the formation and launch of a fund focused on the acquisition and value enhancement of multi-family rental properties throughout the United States.

  • JV Negotiation - Advised real estate developer in structuring a fund to raise equity for the construction of a 42-story hotel and condominium project in Chicago being developed jointly with a prominent hotelier.

  • Regulatory Compliance - Advised a Swiss bank in preparing a policy manual covering worldwide trading policies, risk factors, position limits, credit limits and settlement procedures for its precious metals trading group.

The above representations were handled by Mr. Perricone prior to his founding Perricone Law.