David is a fantastic lawyer,” who is routinely engaged in fund formation, management and operation of private equity funds.
- Chambers USA, 2023
David Sherman is a partner in the Investment Funds Practice Group in the New York office of Kirkland & Ellis LLP, where he focuses his practice on advising sponsors regarding private equity fund matters, including forming, marketing and managing investment vehicles, launching new business lines, as well as operational, legal and regulatory issues at both the fund and sponsor level.
David represents a wide range of sponsors, including publicly traded global asset managers, prominent middle-market sponsors and first-time fund sponsors, across various investment strategies, including buyout, aviation/transportation, credit, special situations, real estate, senior equity and growth equity funds, with fund sizes ranging from $100 million to $10 billion. He also frequently represents sponsors on raising capital for targeted individual investments or subsets of investments, including forming co-investment vehicles, overage funds, annex funds, warehouse vehicles and continuation funds.
David also counsels sponsor clients on internal economic and governance arrangements, seed investments, spin-outs, conflict transactions and other corporate transactions involving private investment funds.
Some of David’s representative clients have included, among others, Abry Partners, Amulet Capital Partners, BayPine, BBAM, Butterfly Equity, Carlyle Aviation Partners, Castlelake, Garnett Station Partners, Onex Transportation Partners, Pretium, SK Capital Partners, Stone-Goff Partners, The Carlyle Group and Vx Capital Partners.
David has been recognized by several leading publications, including Chambers USA and The Legal 500 United States. His clients describe him as “extremely smart, commercial and a quick thinker,” noting that he “operates on a whole different level” and “is a joy to work with” (The Legal 500 United States).
