Fenwick & West corporate partner Jeff Vetter, co-chair of the firm's securities and corporate finance practice, was profiled by Law360 as a 2014 national Capital Markets MVP.
Law360 praised Vetter for his work on "15 major transactions totaling about $9 billion, including six IPOs, six follow-on offerings for companies that he had guided IPOs for, two debt offerings, and an acquisition deal valued at $1.6 billion" between October 2013 and October 2014.
The profile highlighted Vetter's role in Facebook's $3.8 billion follow-on offering in December 2013. He helped finalize the deal before Facebook was listed on the S&P 500 – a period when the company's shares were in high demand – and in time for key investors to take part.
"There is a very narrow window of time when the S&P announces a change in their index from when the large institutional investors, those funds that track the S&P 500, have to buy into that new stock," Vetter explained, adding that it is "a great opportunity for the company to raise capital if you know that there are a number of institutions looking to the company’s shares."
Law360 also cited Vetter's help in representing King Entertainment PLC, maker of the wildly popular "Candy Crush Saga" game, in its $500 million IPO – one example of a transaction in which he helped clients avoid potential legal pitfalls and work through complexities.
“I think that the value add I can give is that having seen many of the issues before, I can help anticipate where potential minefields are and navigate around those efficiently and as
quickly as possible,” Vetter said.
Vetter also explained that throughout his career he has enjoyed "working with high-tech companies, seeing their game-changing technologies and how they really just change the world.”
"It is exciting because you are always learning something. You are always working with a company that is doing something new and unique and disruptive," he added.
The full profile is available here.