Author Description
Robin Powers is a partner at Rimon Law at the Investment Funds and Derivatives, Securities Compliance and Offerings
Robin's focus is financial transactions entered into by hedge funds and other financial institutions, with an emphasis on derivatives, prime brokerage and securities lending agreements. Prior to Rimon, Robin was an attorney at Sutherland Asbill & Brennan.
Robin has extensive experience negotiating and documenting International Swaps and Derivatives Association (ISDA) master agreements, master repurchase agreements, collateral and other credit support documents, prime brokerage agreements, and securities lending agreements. She assists clients in their various transactional activities including documentation of structured transactions, credit default swaps, equity derivative transactions, interest rate swaps, asset swaps, total return swaps and currency transactions. She also has developed master confirmations for various derivative products.
Robin has experience in structuring and organizing domestic and offshore investment funds including the design, structure and operation of investment portfolios. She also provides ongoing advice to investment advisory clients relating to their investment products and services and trading issues. Robin further assists both investment fund and investment advisory clients in the negotiation and documentation of agreements with service providers including administrators, data and electronic trading service providers, auditors, and prime brokers.
REPRESENTATIVE EXPERIENCE
Robin’s extensive representative experience includes:
- Representing a number of hedge fund families and other end-user clients on documentation for all derivatives products, master securities loan agreements, global and overseas lending agreements, prime brokerage arrangements, give-up arrangements and master netting agreements.
- Regularly advising end users on practices to minimize counterparty risk and assisted clients with the termination of derivative and cash trades in a dealer bankruptcy.
- Representing a credit fund in structuring and negotiating a $500 million total return swap (TRS) based on a portfolio of loans and frequently advising on the structuring, negotiation and documentation of TRS facilities.
- Updating templates for documentation of derivatives transactions on behalf of a variety of clients including hedge funds, mutual funds and insurance companies.
- Negotiating on behalf of funds and other end-user clients to avoid termination of derivatives transactions due to significant net asset value decline.
Representing a hedge fund and other end-user clients in a wide range of disputes involving collateral valuation, ISDA events of default and early terminations, secondary loan trading, novations and fund liquidations.
Exploring Title VII of the Dodd-Frank Act & the Impact on Margin Posed by End Users
The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) continue to issue regulations…