Schulte Roth & Zabel Picks Up Private Equity Pro in New York (1)

Aug. 6, 2019, 7:11 PMUpdated: Aug. 6, 2019, 8:21 PM

The former chair of DLA Piper and Proskauer Rose’s private equity practices Daniel Eisner has joined Schulte Roth & Zabel as a partner in its M&A and securities group in New York City.

Eisner’s career has spanned more than two decades. He has represented private equity firms and other corporate clients in business transactions, including domestic and international M&A, leveraged buyouts, restructurings and venture and growth capital investments.

Eisner began his legal career at Kirkland & Ellis in 1994 after spending several years as an investment banker. In 2006 he made the move to Proskauer Rose, eventually becoming chair of its private equity practice. Six years later he jumped to DLA Piper, taking on a similar role before simultaneously taking on the role of general counsel at private equity firm Arsenal Capital Partners.

He’s also spent time as an entrepreneur. In late 2017, Eisner teamed up with former commissioner at the Commodity Futures Trading Commission and DLA Piper senior policy advisor Bart Chilton to create OilCoin, the first legally compliant cryptocurrency backed by oil.

But when bitcoin dropped in price over the latter half of 2018, Eisner said he thought the endeavor was not viable in the long run. Chilton passed away earlier this year.

“I never stopped practicing,” said Eisner of his return to Big Law. In his decades advising on private equity matters, Eisner said he often sat opposite Schulte Roth attorneys and was impressed with their talent and passion.

The plan going forward is to work on private equity transactional work in the areas that have historically been of interest to him, including healthcare and fintech.

“He is a highly regarded senior lawyer, and our leading corporate group is further strengthened by his capabilities as we expand this important practice,” chair of Schulte Roth’s executive committee Alan Waldenberg said in a statement.

According to Schulte Roth’s website, it counsels more than 100 private equity firms on many facets of the business from fund structuring, to governance, to exit and realization strategies.

(Updated with comments from Eisner throughout)

To contact the reporter on this story: Meghan Tribe in New York at mtribe@bloomberglaw.com

To contact the editors responsible for this story: Jessie Kokrda Kamens at jkamens@bloomberglaw.com; Rebekah Mintzer at rmintzer@bloomberglaw.com

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