Stephanie R. McCavitt is counsel in the Corporate Department and a member of the firm’s Private Funds Group. She focuses on the organization and operation of a wide variety of private investment funds, including buyout funds, hedge funds, hybrid funds, distressed funds, seed capital funds, mezzanine funds, real estate funds and funds of funds and has acted as advisor with regard to their respective management companies.

Ms. McCavitt has experience with multiple types of private equity and hedge funds, and her clients have included:

• Avenue Capital;
• Bass/Oak Hill;
• BlackRock;
• Iron Point Partners;
• LNK Partners;
• Lucerne Capital;
• Newport Global;
• Reservoir Capital;
• Sageview;
• Värde; and
• Wellspring Capital.

Ms. McCavitt has also advised on a number of recent investment management M&A transactions including:

• R3/Lehman/BlackRock;
• Avenue Capital/Morgan Stanley;
• Oak Hill Advisors/iStar Financial Inc.; and
• Lehman Brothers/Trilantic (Lehman Brothers Merchant Banking).

As a part of her practice, Ms. McCavitt has developed significant expertise in tax structuring and other tax aspects of investment funds in the United States and abroad and has been actively involved in advising investment advisors and in structuring their executive compensation programs. Ms. McCavitt has also negotiated a number of separation arrangements for founding partners of investment management firms. In addition, she has advised tax-exempt organizations, public charities and private foundations formed by private fund clients.

Ms. McCavitt serves as a member of the Managed Funds Association, the New York Bar Association’s Business Law Section and 100 Women in Hedge Funds. She served as notes and comments editor of the New York Law School Law Review.