James W. Hahn

Simpson Thacher represented Mr. Cooper Group Inc. (NASDAQ: COOP) (“Mr. Cooper”) and its wholly owned subsidiary Nationstar Mortgage Holdings Inc. (the “Issuer”) in connection with the Rule 144A/Regulation S offering by the Issuer of $1 billion aggregate principal amount of its 7.125% Senior Notes due 2032 (the “Notes”). The Issuer intends to use the net proceeds from the sale of the Notes to repay a portion of the amounts outstanding under Mr. Cooper’s MSR debt facilities.~~Mr. Cooper provides quality servicing, origination and transaction-based services related principally to single-family residences throughout the United States with operations under its primary brands: Mr. Cooper and Xome. Mr. Cooper is one of the largest home loan servicers in the country focused on delivering a variety of servicing and lending products, services and technologies. Xome provides technology and data enhanced solutions to homebuyers, home sellers, real estate agents and mortgage companies.~~The Simpson Thacher team included Richard Fenyes and Maggie Selbe (Capital Markets); J. Pasco Struhs and Hannah Daniels (Executive Compensation and Employee Benefits); Michael Mann and Kris Liu (Tax); Bobbie Burrows (Intellectual Property); Abram Ellis and Laurel Fresquez (Regulatory); and Ben Wells and James Hahn (Registered Funds).

May 2

1 min

Simpson Thacher represented Velocity Commercial Capital, LLC, as the issuer, and Velocity Financial, Inc., as the guarantor, in the issuance of $75 million in aggregate principal amount of 9.875% senior secured notes due 2029. The proceeds from the issuance will be used to originate new investments and for general corporate and other working capital purposes.~~Velocity Financial, Inc., based in Westlake Village, California, is a vertically integrated real estate finance company founded in 2004 that originates and manages investor loans secured by residential rental and small commercial properties.~~The Simpson Thacher team included Daniel Webb, Barry Lau, Christian Sheets and Madeline Cole (Capital Markets); Jennifer Levitt, Anita Wu and Diana Yen (Credit); Jon Pall (Collateral); Benjamin Wells and James Hahn (Investment Company Act); and Russell Light and Michael Mann (Tax).

Aug 2

1 min

The Firm represented Citigroup Global Markets Inc., BofA Securities, Inc., J.P. Morgan Securities LLC, Goldman Sachs & Co. LLC and Wells Fargo Securities, LLC as joint bookrunning managers in connection with a public offering by Ameriprise Financial, Inc. (“Ameriprise”) of $600 million of its 5.700% Senior Notes due 2028. The offering closed on November 9, 2023.~~Ameriprise is a diversified financial services company with a more than 125 year history of providing solutions. Ameriprise offers a broad range of products and services designed to achieve individual and institutional clients’ financial objectives.~~The Simpson Thacher team included Roxane Reardon and Jieun Lim (Capital Markets); Benjamin Wells, Meredith Abrams, James Hahn and Isaac Schwarz (Investment Management); Melanie Jolson and Rachelle Broida (Intellectual Property); Jeanne Annarumma and Allison Sutherland (Executive Benefits and Compensation); Steven DeLott (Insurance); Michael Mann and Shareef Salfity (Tax);and Andrew Pagliughi and Jennie Getsin (FINRA and Blue Sky).

Nov 14

1 min

Kirkland & Ellis announced today that James “Jamie” Hahn has joined the Firm as a partner. “Jamie is a talented lawyer whose experience working on funds with private market strategies for individual investors adds another important element to our growing retail funds practice,” said Jon A. Ballis, Chairman of Kirkland’s Executive Committee. “We’re very excited to have him join Kirkland.” Mr. Hahn’s work includes structuring and operating regulated products that provide high-net-worth and other retail investors exposure to private equity, asset-backed credit, infrastructure and real estate. He concentrates on innovative retail structures for conglomerates, holding companies, private funds and private REITs, and has experience with closed-end funds, mutual funds and ETFs. “We are excited to bring Jamie’s experience in the retail market to Kirkland’s investment funds group,” said Erica Berthou and Daniel Lavon-Krein, investment funds partners and members of Kirkland’s Executive Committee. Nicole M. Runyan, an investment funds partner and head of Kirkland’s registered funds practice, added: “Jamie will be an ideal complement to our retail funds team as we continue to strengthen and expand Kirkland’s platform to meet our clients’ diverse needs.” “I’m eager to join Kirkland, which has a terrific investment funds platform with strong momentum in retail funds,” said Mr. Hahn. “I look forward to being part of this exceptional team.” Mr. Hahn was previously a partner with Simpson Thacher & Bartlett LLP. Kirkland is a global leader in providing sophisticated advice to investment fund sponsors, institutional investors and other market participants in the alternative investment fund space. Kirkland offers clients the unsurpassed resources of an integrated global team across North America, Europe, the Middle East and Asia providing advice on private fund formation, liquidity solutions, investment management and regulatory counsel, and strategic advisory services. With more than 600 dedicated investment funds attorneys, few firms approach the breadth, depth and scope of Kirkland’s experience in investment funds legal services. Since January 2019, Kirkland has advised more than 1,900 funds closed and in process with total capital commitments in excess of $2.17 trillion.

Dec 8

1 min

Simpson Thacher represented Mr. Cooper Group Inc. (“Mr. Cooper”) and its wholly owned subsidiary Nationstar Mortgage Holdings Inc. (the “Issuer”) in connection with the Rule 144A/Regulation S offering by the Issuer of $750 million aggregate principal amount of its 6.500% Senior Notes due 2029 (the “Notes”). The Issuer intends to use the net proceeds from the sale of the Notes to repay a portion of the amounts outstanding under Mr. Cooper’s MSR debt facilities.~~Mr. Cooper provides quality servicing, origination and transaction-based services related principally to single-family residences throughout the United States with operations under its primary brands: Mr. Cooper and Xome. Mr. Cooper is one of the largest home loan servicers in the country focused on delivering a variety of servicing and lending products, services and technologies. Xome provides technology and data enhanced solutions to homebuyers, home sellers, real estate agents and mortgage companies.~~The Simpson Thacher team included Richard Fenyes, Anna Jarman and Jerry Du (Capital Markets); J. Pasco Struhs and Hannah Daniels (Executive Compensation and Employee Benefits); Michael Mann and Kris Liu (Tax); Bobbie Burrows (Intellectual Property); and Ben Wells and James Hahn (’40 Act).

Feb 8

1 min