DANIEL GERARD focuses on capital markets transactions, principally structured finance, funds and corporate finance. Daniel is co-head of the firm’s training and development committee and a member of the firm’s opinion committee. Recently, Daniel has advised a variety of clients in connection with structuring, issuing, managing and investing in newly issued collateralized loan transactions (CLOs). He has also advised various clients in connection with distressed investment activities and the restructuring and liquidation of structured finance transactions, including collateralized debt obligation transactions (CDOs) and other structured finance vehicles. Daniel has also represented various parties in connection with several recent sales, acquisitions and financings of pools of distressed leveraged loans and other structured finance assets.
Daniel’s structured finance practice includes CLOs/CDOs, repackaging transactions and asset backed commercial paper financings. Daniel’s clients in CLOs/CDOs include managers, investment banks and investors, as well as purchasers of distressed CLO/CDO securities and participants in CLO/CDO restructurings and changes in CLO/CDO management. These CLOs/CDOs include cash flow transactions, as well as synthetic and hybrid structures, with a broad variety of collateral, including loans, bonds, trust preferred securities, real estate-related collateral and ABS. He advises CLO/CDO managers in the administration of CLOs/CDOs and the CLOs'/CDOs’ investment activities. He also represents asset backed commercial paper issuers in their investment activities and program activities.
Daniel’s funds practice includes representing lenders to, and managers of, hedge funds, mezzanine debt funds and private equity-style funds. Some of these funds have leverage structures that use both fund and CLO/CDO technology. He advises fund managers in the administration of funds and the funds’ investment activities.
Daniel’s experience also includes a broad variety of corporate transactions, and his practice includes securities issuances, lending transactions and restructuring transactions. Many of these corporate transactions arise out of the activities of his clients that manage funds and CLOs/CDOs.