Overview
Jennifer Daly is head of private credit and special situations and a partner in the Financial Restructuring group in Paul Hastings’ New York office. She is lead counsel for private credit funds, special situation and opportunistic funds, business development companies (BDCs), hedge funds and other investment advisors, leading financial institutions and borrowers in LBOs, leveraged finance, unitranche, first lien/second lien, mezzanine, Debtor-in-Possession financings, Rescues, Exits, liability management transactions and other secured and unsecured lending transactions, with a focus on both performing credit and the finance elements of in-court and out-of-court workouts and restructurings.
A selection of Jennifer’s significant representations include Antares, Apollo, Blue Torch Capital, CVC, Blackstone Credit, KKR, Owl Rock, MSD Capital, Park Square Capital, Sound Point Capital and New Mountain Capital.
Jennifer previously held senior roles in the financial services and investment management sectors at Bank of America Merrill Lynch and distressed credit fund Avenue Capital, and was the Chief Operating Officer and Chief Compliance Officer of the hedge fund Hunter Peak Investments.
Jennifer has been recognized as a leading lawyer by Chambers USA, IFLR1000, Legal 500 US, named to Crain’s New York Business 2023 Notable Women in Law List, and won the New York Law Journal’s Innovation Award in 2022, which recognizes “creative and inspiring approaches and forward-thinking firms and individuals.”
Education
- Fordham University, J.D.
- Georgetown University, B.A.
Representations
- Represented the crossover lender group in connection with the DIP financing in Nine West, a leading American fashion wholesale and retail company.
- Represented an alternative capital manager in connection with a senior revolving and term loan credit facilities the proceeds of which were used to finance the acquisition of a leading national fitness franchise.
- Represented two private credit funds in a healthcare deal that provided for a second lien term loan facility to fund the acquisition by the largest clinical data exchange platform in the U.S. to acquire a complementary healthcare business.
- Represented a private credit fund in connection with the senior secured exit financing in the Chapter 11 cases of a leading retailer specializing in fashion-forward children’s apparel and accessories.
- Represented a business development company and related funds in connection with an out-of-court restructuring of senior notes and first lien indebtedness of the world’s leading provider of entertainment and event technology and production services.
Matters may have been handled prior to joining Paul Hastings.