- Asset-Based Lending
- Certified Capital Company Finance (CAPCOs)
- Conventional Secured and Unsecured Debt Finance
- Corporate Finance and Securities
- Corporate Trustee Transactions
- Credit and Liquidity Enhancement of Securities
- Credit Tenant Loan Finance
- Cross-Border Institutional Private Placements
- Debtor-in-Possession Finance
- Derivative Transactions
- Federal Government Finance
- Mezzanine Finance
- Private Equity and Hedge Funds
- Private High Yield
- Private Investment in Public Entities (PIPEs)
- Project Finance
- Public-Private Partnerships
- Real Estate Finance
- Real Estate Investment Trusts (REITs)
- Rule 144A and Other Exempt Offerings
- SEC and Stock Exchange Compliance
- SEC Registered Offerings (Debt and Equity)
- Second Lien Financings
- Secondary Market Transactions
- Secondary Offerings
- Sports Finance
- Utility Finance
Private Equity from All Angles.
Members of Chapman and Cutler LLP's Private Equity Group, composed of attorneys from a variety of practice areas, participate in private equity transactions involving investments in private equity funds targeting a variety of asset categories along the risk/return spectrum, ranging from venture capital financing for start-up entities to later-stage equity transactions. In addition, the Group represents investors purchasing privately placed equity securities, including privately placed equity securities of public companies ("PIPEs").
The Group represents institutional investors, banks and pension funds in the purchase of interests in private equity funds. In addition, the Group has organized private equity funds for institutional sponsors and advised individuals in connection with private equity investments.
Some of the more interesting transactions have involved buyout and venture funds, sponsors of low income housing programs, real estate and oil and gas investments, as well as domestic entities formed to invest in foreign businesses.
The Group has advised both issuers and institutional investors in the direct placement of common and preferred equity, membership interests, partnership interests and warrants in traditional C corporations, S corporations, limited partnerships, LLCs and trusts, as well as equity securities created to address specific issuer and investor requirements, such as put rights to third parties. Preferred stock issues have included convertible, exchangeable and PIK dividend features.
- Convertible preferred stock investments in an Internet travel service company which culminated in the acquisition of such company by the preferred stock investors
- Roll-up of multiple automotive metal fabricators financed with cumulative preferred stock and warrants of the parent corporation
- Purchase of membership interests in a limited liability company engaged in providing wireless communication service
- Purchase of limited partnership interests in a Southwestern telephone company
- Start-up capital provided through cumulative preferred stock of a real estate investment company which invests in multi-screen theater properties
- Investment in a common stock hedge fund, capitalized with common stock and debt, with the debt accorded a rating of "1" by the NAIC
- Issuance by an Internet startup of first-round venture financing in the form of preferred stock
- Funding of equity capital to the limited liability holding company of an S corporation established to take advantage of acquisition opportunities in the broadcast arena created by the Telecommunications Act of 1996
- Structured preferred stock of a mutual fund of high-yield debt designed to assure a preferred stock rating of AAA.
- Organization of a private equity fund targeting middle market opportunities on behalf of an institutional investor
- Representation of the lead investor in a private equity fund, including negotiation of participation rights in management fees