Profile

Dev is a partner in the firm’s corporate group. His broad corporate practice includes more than 25 years of experience with a particular focus on: 

  • Bank and capital markets debt finance (including project finance), secured and unsecured bank finance, capital markets debt finance (including Rule 144A, public and institutional debt finance (such as representation of insurance companies in debt private placements)) and receivables finance;
  • Private and public equity (capital and private markets), including common and preferred stock, warrants and equity linked securities;
  • Joint ventures, mezzanine financing transactions and mergers and acquisitions; and
  • Private equity and alternative investment transactions and matters.

He has considerable experience with investment management agreements and arrangements as well as securities lending transactions, corporate reorganizations, and restructurings.

Ranked as one of the 10 Most Highly Rated Project Finance Lawyers by Project Finance magazine, Dev has consistently been recognized by Euromoney’s Experts Guide and by IFLR 1000 (2008) as a leader in Project Finance. He also has been selected as a New York Business and Corporate Super Lawyer (including in 2017).

Dev started his legal career at Sullivan & Cromwell and was subsequently a partner in O'Melveny & Myers. He is a member of the Advisory Committee (and a past director) of the Asian American Bar Association of New York.

Experience

Dev’s representations include:

  • AIG Investments on investment, private equity and disposition transactions
  • A major financial institution, as administrative agent, in multibillion dollar syndicated (secured and unsecured) financings for cooperative electric companies
  • Noble Environmental Power, a wind energy company, on financing and other matters
  • A major private investment trust on its alternative and other investments
  • Various project and equity financings by Indian companies
  • Royal Bank of Scotland in $800 million (insurance wrapped) secured project financing
  • The lenders to (i) Portland Natural Gas Transmission, (ii) Vermont Gas Systems, (iii) Gas Transmission Northwest, (iv) Michigan Electric Transmission, (v) Iroquois Gas Transmission, (vi) Seminole Electric, (vii) Southern Illinois Power, (viii) Transwestern Pipeline, (ix) an Australian railroad station, and (x) Barbados in connection with their project and other debt financings
  • Major project financings by Phoenix Park Gas Processors of Trinidad, and Petrozuata and Sincor, two Venezuelan heavy oil projects
  • Prudential Insurance as lender to Prairie Power
  • Sumitomo Bank and Lloyds Bank in their secondary sales of private equity interests
  • Bloom Energy Corporation on debt and equity financings
  • Autopista Central, in connection with its insurance wrapped U.S. and Chilean toll road project financings
  • Various project financings in Brazil
  • The Blackstone Group in its joint venture to finance the construction petroleum tankers
  • Poten & Partners in its joint venture with Hess LNG
  • Hermiston Generating Company and Vector Pipeline in connection with their financings
  • The Goldman Sachs Group in connection with its equity and debt IPOs and various other matters
  • The underwriters of Dynacare’s and Quintiles Transnational’s IPOs

Practices

Education

  • Harvard Law School, LL.M.
  • Inns of Court School of Law, and Gray's Inn, London, Bar-at-Law
  • University of Cambridge, B.A., with Honors, Law
  • Presidency College, Kolkata, B.A., First Class Honors

Admissions

Bars

  • New York

Awards and Associations

Member, Advisory Committee (and prior Director), Asian American Bar Association of New York

Euromoney Banking, Finance and Transactional Expert Guide (2017) 

New York Metro Super Lawyers (2014–2018)