In Memoriam – Stuart H. Gelfond (1962-2018)
Stuart H. Gelfond was a partner in the Corporate Department and co-head of the Firm's Capital Markets Practice. Mr. Gelfond joined the Firm in 1986 and became a partner in 1993.
Mr. Gelfond concentrated his practice in corporate finance transactions, including representation of issuers and underwriters, in US and international high-yield, investment-grade and convertible debt offerings, acquisition financings, and initial public offerings. Mr. Gelfond had extensive experience serving as counsel to corporations and broker-dealers on securities, corporate governance and other regulatory issues. Mr. Gelfond had been actively involved in numerous offerings for business development companies (BDCs) on both the issuer and underwriter side and was a thought leader in the BDC space. He represented clients in private equity and acquisition transactions, and had been actively involved in corporate restructurings, including acting as lead counsel to ACA Capital Holdings and Sonic Automotive in their corporate reorganizations. Mr. Gelfond also acted on numerous venture capital transactions, including representing Goldman Sachs in financings for Facebook, Spotify and Uber.
Mr. Gelfond was a guest lecturer at New York University's Stern School of Business, New York Law School and elsewhere on debt covenants, MD&A and accounting, and financial due diligence matters, and he regularly spoke on securities law and corporate governance topics for the Practising Law Institute and the New York City Bar.
Mr. Gelfond was consistently recognized by Chambers Global: The World's Leading Lawyers for Business and Chambers USA: America's Leading Lawyers for Business as a leading individual in Capital Markets: Debt & Equity (Nationwide) and had been recognized in Capital Markets: REITs (Nationwide). He was also consistently recognized by Legal 500 in Capital Markets: Equity Offerings, Capital Markets: Debt Offerings, Capital Markets: High-Yield Debt Offerings and Capital Markets: Global Offerings.
Additionally, Mr. Gelfond served as President of the Board of Directors of Berkshire Hills Eisenberg Camp, a not-for-profit sleepaway camp for kids and senior citizens, which provides an outdoor, summer, educational and recreational experience for kids and adults of any means in a multi-generational setting.
Stuart Gelfond passed away on August 30, 2018 after a long battle with cancer. He was a pillar of the Firm, mentor and friend to many, and is greatly missed.