Renetzky, Michael K.

Michael K. Renetzky


Partner

 

Overview

Michael Renetzky is Managing Partner of our Chicago Office where his practice focuses on investment management, securities and corporate law. Michael has considerable experience counseling clients on securities law compliance, debt and equity financing matters, investment adviser, investment company and broker-dealer regulation. Additionally, he devotes a substantial portion of his time to representing buyers and sellers in mergers and acquisitions transactions. Finally, he frequently counsels boards of directors and assists clients with governance matters.

Michael is Chair of the Firm's Finance Committee, Co-Chair of the Firm's Corporate and Transactional Department, a former member of the Firm's Executive Committee and Board of Directors, a leader of the Firm's Investment Adviser and Alternative Funds practice and a contributing author and editor of the Firm's FUNDamentals TM Investment Management QuickStudy Series, which is prepared for investment advisers, fund managers and private investment companies.

Representative Experience

Counseling and Compliance

  • Organization of registered investment companies, hedge funds and other funds exempt from the registration requirements of the Investment Company Act of 1940
  • Registration of federally covered and state covered investment advisers
  • Counseling on regulatory and compliance concerns affecting investment funds, federally covered investment advisers and state registered investment advisers
  • Developing compliance programs and conducting compliance audits for investment advisers and broker-dealers
  • Counseling on the Investment Company Act and broker-dealer implications of the life settlement business
  • Developing and implementing a 38a-1 compliance certification program for a large mutual fund complex
  • Counseling on the unique federal and state investment management regulatory issues faced by federal savings banks
  • Counseling boards of directors of mutual companies and other non-stock entities on corporate governance matters

Transactions

  • MTL Insurance Company's $30 million offering of 6.25% Surplus Notes
  • The Hartford's (NYSE: HIG) disposition of Specialty Risk Services, a third-party claims administrator, for $278 million
  • Humana's (NYSE: HUM) acquisition through merger of Concentra, Inc., a health care provider, for $790 million
  • Creation and SEC registration of Individual Variable Deferred Annuity for Federal Life Insurance Company (Mutual) and underlying open-end registered investment management company
  • Exchange of approximately 17% of the common stock of Triad Guaranty Inc. (NASDAQ: TGIC) in a tax-free reorganization of an affiliate of the largest beneficial owner of shares
  • $150 million offering of Noncumulative Perpetual Preferred Shares of a financial holding company.
  • Hartford Life Insurance Company's acquisition of the group benefits division of CNA Financial Corporation for $500 million
  • Merger of Woronoco Bancorp, Inc. (AMEX: WRO) with and into Berkshire Hills Bancorp, Inc. (AMEX: BHL)
  • $4 billion medium term note program backed by XL Life Insurance and Annuity Company funding agreements
  • $150 million offering of Surplus Notes of BlueCross BlueShield of Florida
  • Hartford Life Insurance Company's acquisition of the annuity, life and investment businesses of the Fortis Financial Group for $1.1 billion
  • Acquisition of all of the publicly-held shares of Phoenix Investment Partners (NYSE: PXP) by Phoenix Home Life
  • Aetna's sale of its individual life insurance business to Lincoln National for $1 billion

Professional History

  • Partner, Locke Lord LLP
  • Chicago Office Managing Partner
  • Co-Chair, Corporate and Transactional Department
  • Former Member, Locke Lord Executive Committee

Professional Affiliations and Recognitions

  • American Bar Association (1996 - Present)
  • American College of Investment Counsel
    • Fellow (2004 - Present)
  • Course Professor, "Fund Governance," Regulatory Compliance Association (2012-2016)

Community Leadership

  • Chicago Bible Society
    • Secretary (2017-present)
    • Board of Directors (2016-present)
  • Lutheran Church of the Atonement
    • President (2011-2013, 2016-present)
    • Board of Directors (2016-present)
    • Council and Finance Committee (2009-2013)
    • Secretary (2009-2011)
    • Board of Education (2001 - 2005)
  • Lutheran Life Communities
    • Chairman (2017-present)
    • Vice Chairman (2010-2017)
    • Secretary (2005-2010)
    • Board of Directors (2005-present)
    • Audit Committee, Chairman (2008-present)
    • Audit Committee, Member (2005-present)
    • Compensation Committee, Member (2008-present)
  • Recipient, The Gutenberg Award from the Chicago Bible Society (2015)
  • Trees That Feed Foundation
    • Board of Directors (2016-present)