October 22, 2021
Top fund finance lawyer is regular advisor to leading financial institutions.
Cadwalader, Wickersham & Taft LLP announced today that Perry Hicks has re-joined the firm’s Finance Group as a special counsel in the fund finance practice in Charlotte.
Hicks was a member of Cadwalader’s Finance Group before moving to Hunton Andrews Kurth, where he was the leader of that firm’s fund finance group.
Hicks has an extensive financing practice that focuses on private investment fund and energy-related secured transactions. He has advised many leading global financial institutions in secured fund financings including NAV, hybrid, and subscription facilities to hedge fund, fund of funds, and private equity debtors. His practice also routinely involves advising global financial institutions as agents, lead arrangers and creditors in syndicated lending transactions to leading energy and commodity companies. Hicks has substantial experience helping clients identify and efficiently address the complexities that present in fund-related financings and complex cross-border transactions.
“We are very excited to welcome Perry back to Cadwalader, especially at a time when the fund finance industry is experiencing tremendous growth,” said Michael Mascia, who leads Cadwalader’s Finance Group and fund finance practice. “Our fund finance practice is an acknowledged market leader, and we anticipate that Perry will be a significant contributor to the complex, leading-edge work we do for our clients.”
Hicks is a regular contributor to legal thought leadership through his leadership positions with the American Bar Association’s Business Law Section and other industry groups. At Cadwalader, he will provide thought leadership for the firm’s Fund Finance Friday newsletter, which is considered the leading fund finance publication in the industry.
Cadwalader’s market-leading transatlantic fund finance team regularly represents the agent, lead arrangers and lenders on subscription credit, capital call and other fund finance facilities for private equity, real estate and other investment funds of all sizes and vintages sponsored by many of the world’s preeminent fund sponsors. In 2020 alone, Cadwalader advised clients on 574 separate fund finance facilities with aggregate lender commitments of $115 billion.
“You can go home again,” Hicks said. “Cadwalader has always been a market-leading finance firm, and the growth of the fund finance practice has been phenomenal but not unexpected knowing the talents of the team. This is a very busy time to be a fund finance lawyer, especially at Cadwalader, and I fully expect to hit the ground running.”
Hicks joins an expanding fund finance team at Cadwalader. Recent senior-level additions have included partner M. Chadwick “Chad” Stackhouse in Washington, DC and special counsel Leah Edelboim in New York.