Fried Frank Grows Financial Services Practice with Five Top-Tier Partner Arrivals
News releases | February 28, 2022
Fried, Frank, Harris, Shriver & Jacobson LLP announced today that five new partners - Ray Shirazi, Steven Lofchie, Dorothy Mehta, Nihal Patel and Jason Schwartz - are joining the firm. Collectively the group, each of whom has been recognized in Chambers and other leading publications, brings with them a depth of financial services transactional and regulatory experience, including in financial regulation, fund formation, investment funds, derivatives and financial products, broker-dealer and swap dealer regulation, digital assets and tax. Shirazi, Lofchie, Mehta and Patel will be based in New York; Schwartz will be based in Washington, DC.
“I am extremely delighted that Ray, Steven, Dorothy, Nihal and Jason are joining the firm,” said David Greenwald, Chairman of Fried Frank. “This is an exciting move for us both in terms of expanding the scope of our practices and increasing our strength in core areas. The group strengthens our global financial services offering and also will bring valuable regulatory expertise to our existing practices. They share our client-focused approach to legal representation and we look forward to working together.”
“This is tremendously exciting for the corporate team and the firm,” said Steven Scheinfeld, corporate partner and Global Chair of Fried Frank's Corporate Department. “Each of these accomplished individuals will bring with them a wealth of experience that will complement the innovative solutions we provide to our clients.”
Shirazi maintains a market-leading practice in derivatives and financial products, advising banks, asset managers, hedge funds and mutual funds on related transactional and trading regulatory issues. His practice covers a wide spectrum of equity, hedge fund, currency, commodity and fixed income structured products and derivatives. He is highly regarded for his work in equity derivatives involving structured products and traded securities. He received his JD from University of California - Los Angeles, School of Law, and his BS, cum laude, from University of California - Riverside.
Lofchie is a leading broker-dealer regulatory attorney, recognized in the top tiers of Chambers in both financial services regulation and derivatives transactions. Lofchie is also known as the founder of a financial industry online resource called the Cabinet, an acclaimed legal website and financial regulatory news source that is an industry must read. Subscribers to the website include government regulators and major buy-side and sell-side firms. Lofchie received his JD from Yale Law School, where he was a member of the Yale Law Journal, his MBA from Columbia Business School, where he was a General Motors Fellow, and his BA from Sarah Lawrence College.
Mehta has extensive experience in the structuring, formation and operation of investment funds in a variety of asset classes, including commodities, credit, crypto, fixed income and real estate. Her client base includes US and non-US investment advisers, family offices and wealth management platforms. She regularly advises clients on registration and related compliance requirements of the CFTC and the SEC, as well as on matters pertaining to federal and state securities laws generally. She received her JD from Fordham University Law School, and her BA from Cornell University.
Patel counsels both financial institutions and buy-side market participants on regulatory and compliance issues relating to securities and derivatives trading, particularly as to Title VII of the Dodd-Frank Act and the regulation of securities broker-dealers. He also has an active practice advising a variety of market participants on structuring financial transactions, and has extensive experience in drafting and negotiating prime brokerage, derivatives and other trading and financing documentation. He earned his JD from the Northwestern University School of Law, where he served on the board of the Northwestern University Law Review, and his BA from Northwestern University.
Schwartz represents banks, funds, asset managers and investors on tax issues relating to securitizations, financial products, funds, lending and crypto. He also oversees a pro bono program that advises nonprofit organizations, including nonprofit DAOs. Schwartz is the author of numerous tax articles and a Bloomberg BNA Tax Management Portfolio on the taxation of CLOs. He received his LLM from New York University School of Law, his JD, magna cum laude, from American University Washington College of Law, and his BA, cum laude, from New York University.
The firm’s Corporate Department has also recently grown with the additions of asset management partner Rami Turayhi, capital markets partner Brian Hecht, and corporate partner Joseph Vitale, who leads the firm’s bank regulatory practice.
Fried Frank's Corporate Department attorneys work as a single, integrated and collaborative team across offices and corporate disciplines to create solutions tailored to each client's business needs and goals. The Department's clients are among the most sophisticated players in their respective markets, and choose the firm for its top-tier advice in connection with fundraisings, financings, securities offerings, complex private and public M&A transactions, corporate governance matters and strategic initiatives.
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