Josh Morry represents asset managers, capital providers, issuers and other market participants in the full spectrum of hybrid capital transactions. He advises on bespoke capital solutions, including private and public structured equity financings, event-driven and opportunistic investments, recapitalizations, restructurings, special situations and other alternative financing transactions.
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Work Highlights
Notable experience prior to joining Simpson Thacher includes advising:
- General Atlantic Credit as the lead investor in a $425 million preferred equity investment in Buyers Edge Platform, a foodservice digital procurement network; in a $175 million hybrid capital financing for NextDecade Corporation, a LNG/carbon capture clean energy company; and in a $525 million hybrid capital financing for Carestream Dental, a digital dental solutions company
- Neuberger Berman Specialty Finance in a $150 million hybrid capital financing for Oportun, a financial services company
- Vista Credit Partners in a $125 million hybrid capital financing for healthcare data platform Arcadia; a $150 million preferred equity investment in adtech company VideoAmp; a $100 million preferred equity investment in a global insurtech company; and a preferred equity investment in leading software company aPriori Technologies Inc.
- A large private equity fund in a $120 million hybrid capital financing to support the acquisition of a franchisee and operator of more than 80 fitness clubs
Education
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University of Oxford, 2017 B.C.L.
with distinction
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University of Manitoba, 2016 J.D.
Gold Medal
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University of Manitoba, 2013 B.Com (Hons)
Josh Morry is a Partner in the Firm’s Hybrid Capital Practice. Based in New York, he represents asset managers, capital providers, issuers and other market participants in the full spectrum of hybrid capital transactions. Josh advises on bespoke capital solutions, including private and public structured equity financings, event-driven and opportunistic investments, recapitalizations, restructurings, special situations and other alternative financing transactions. Drawing on his prior experience as a tax attorney, Josh brings a technical, solutions-oriented approach to advising clients and structuring complex corporate transactions.
Notable experience prior to joining Simpson Thacher includes advising:
- General Atlantic Credit as the lead investor in a $425 million preferred equity investment in Buyers Edge Platform, a foodservice digital procurement network; in a $175 million hybrid capital financing for NextDecade Corporation, a LNG/carbon capture clean energy company; and in a $525 million hybrid capital financing for Carestream Dental, a digital dental solutions company
- FTAI Infrastructure Inc., a public spinoff of Fortress Transportation and Infrastructure Investors LLC, in a private placement of $300 million in preferred equity
- Vista Credit Partners in a $125 million hybrid capital financing for healthcare data platform Arcadia; a $150 million preferred equity investment in adtech company VideoAmp; a $100 million preferred equity investment in a global insurtech company; and a preferred equity investment in leading software company aPriori Technologies Inc.
- Kennedy Lewis Investment Management in a $50 million hybrid capital investment in Sezzle Inc., a digital payment platform
- Neuberger Berman Specialty Finance in a $150 million hybrid capital financing for Oportun, a financial services company
- A large private equity fund in a $120 million hybrid capital financing to support the acquisition of a franchisee and operator of more than 80 fitness clubs
- A large credit fund in a $130 million hybrid capital financing to support the acquisition of a privately held oil and gas company by a newly formed joint venture
- A hedge fund management company in a hybrid capital financing to support the acquisition of a global brand licensing agency by a newly formed joint venture
- An ad hoc group of noteholders of Ardagh Group, a Luxembourg-based producer of glass and metal packaging products, in its recapitalization transaction
- Loyalty Ventures and its affiliates in their chapter 11 cases involving over $656 million in liabilities
- GTT Communications and its affiliates, operator of one of the largest Tier 1 internet networks in the world, in their chapter 11 cases involving $4.5 billion in liabilities
Josh received his J.D., Gold Medal, from the University of Manitoba in 2016. He also received his B.C.L., with distinction, from the University of Oxford in 2017 and his B.Com. (Hons) from the University of Manitoba in 2013. He is admitted to practice in New York.