Schai, Randall B.

Current Employment Position(s)

Partner

Lawyer Overview

Randy Schai is a corporate lawyer who focuses his practice on the representation of investment funds and their investors. He has experience with venture, buyout, and real estate funds and a variety of special purpose investment programs. A significant portion of his practice involves international funds and investors.

Randy's fund services practice involves every aspect of an investment fund's life cycle — from initial structuring and formation (including the structuring and formation of fund sponsors/general partners) through to ongoing operational matters and culminating with the fund's liquidation and dissolution. Randy also has extensive experience in representing prospective limited partners with proposed investments in a given fund or a related co-investment opportunity. Randy's clients include The Bay Area Council, Bay City Capital, City of Hope, Key Principal Partners, Morgenthaler Ventures, NTUC Income Insurance Cooperative, Paul Capital, The Riverside Company, and SpringHill Enterprise Development. Randy's clients also include a major Russian private bank, the private equity arm of a global sovereign investor (with respect to venture, buyout, and real estate investment fund and direct investment opportunities), a major German landesbank, and a major Japanese automobile manufacturer.

Randy is a frequent public speaker and author on issues of importance in the investment fund industry. He has presented to The Capital Roundtable, the Wharton School of Business, and the State Bar of California. Randy is a past executive member of the Corporations Committee, Business Law Section, State Bar of California.

Areas of Practice

• Private Equity
• Fund Formation

Representative Cases

• Bay City Capital and Panorama Capital invest in Hyperion Therapeutics , (2009)
• Bay City Capital fund invests in DxCon
• Bay City Capital invests in Aciex
• Bay City Capital invests in Via Pharmaceuticals , (2009)
• Marlin Equity Partners acquires business units from Requisite Technology , (2009)

West Practice Categories

Banking & Finance Law, Business & Commercial Law, Lending & Secured Transactions, Venture Capital

Bar Admissions

• California

Education

• U of Saskatchewan - Canada

Published Works

• Private Fund Regulation Comes into Focus: An Analysis of the Proposed Private Fund Investment Advisers Registration Act of 2009, 2009
• SEC Proposes Amendments to the Investment Adviser Act Custody Rule to Provide Additional Safeguards to Client Assets, 2009
• Hedge Fund Transparency Act of 2009: Congress Considers Expansion of Investment Fund Regulation, 2009

Address

555 California Street
26th Floor
San Francisco, CA 94104

Phones

1.415.875.5803 (Business Phone)

Faxes

1.415.963.6861 (Business Fax)

Emails

Contact Us (Business Email)

Websites

http://www.jonesday.com