Patrick Calves is a special counsel in the firm’s Finance Group. He counsels clients on a variety of bilateral and syndicated financing structures, including term loans, liquidity lines, NAV facilities, subscription facilities, hybrid facilities, margin loans and repurchase, securities lending and prime brokerage facilities. Patrick’s practice includes work on structures involving a variety of non-standard collateral, such as hedge fund interests, private equity fund interests, capital contribution obligations and restricted stock positions.
Patrick also counsels both financial institutions and “buy-side” market participants on a variety of regulatory and compliance issues relating to securities and derivatives trading. This includes, inter alia, advice as to numerous aspects of swap regulatory issues arising under Title VII of the Dodd-Frank Act. Patrick also has substantial experience in the structuring and trading of complex derivatives and structured financial products as well as drafting and negotiating trading and collateral documentation for both buy-side and sell-side clients, including prime brokerage agreements, ISDA Master Agreements, Credit Support Annexes and various other industry standard agreements.
He earned his B.A. from Muhlenberg College and his J.D. from Columbia Law School. Patrick is admitted to practice in the State of New York.