Tonya Major Gauff

NET ASSET VALUE (NAV) FACILITIES

• Represented a real estate asset management firm with $18.9 billion assets under management with various of their NAV facilities ranging from $40 million to $1.25 billion
• Represented a financial institution, as administrative agent and a lender, in a $100 million syndicated NAV facility
• Represented a real estate asset management firm with $56 billion assets under management with various of their NAV facilities ranging from $200 million to $700 million
• Represented a financial institution, as administrative agent and a lender, in a $265 million syndicated NAV facility

SUBSCRIPTION CREDIT FACILITIES

• Represented a group of funds for a $150 million syndicated subscription credit facility (with an accordion feature of another $100 million)
• Represented a group of funds for a $150 million syndicated subscription credit facility (with an accordion feature of another $200 million)
• Represented parallel funds for a EUR90 million subscription credit facility with The Royal Bank of Scotland International Limited, St Helier, Jersey, as lender and security trustee
• Represented a group of domestic and international funds for a $150 million syndicated subscription credit facility (with an accordion feature of another $150 million)

LEVERAGED BUYOUTS AND ACQUISITION FINANCINGS

• Represented a financial institution, as administrative agent and a lender, for the $145 million acquisition of an insurance company
• Represented a private equity firm in an acquisition financing consisting of $83 million senior credit facilities and a $35 million mezzanine facility
• Represented a private equity firm in a leveraged buyout consisting of a term loan facility of $40 million, with a delayed draw feature of $20 million, and a revolving credit facility of $10 million
• Represented subordinated lenders in acquisition financings

ADDITIONAL MATTERS

• Represented various lenders, real estate asset management firms, private equity firms, venture capital firms, high-net-worth individuals, and private equity firms and their portfolio companies and principals in structuring and negotiating private placements, recapitalizations, general working capital facilities, revolving credit facilities, term loan facilities, management fee facilities, and employee co-invests.

Tonya represents veterans of Operation Iraqi Freedom and Operation Enduring Freedom to obtain Combat-Related Special Compensation (CRSC). She represented AKD Partners LLP (US)’s first successful veteran in his receipt of CRSC. Tonya also advises nonprofit organizations on corporate governance, formation procedures and filings, and tax implications of operating a nonprofit organization.

Tonya is a member of the Midwestern Board of Directors of Step Up, a national nonprofit organization comprised of professional women who provide mentorship and career-pathway exposure to teenage girls and young women from underrepresented communities.

• "Nonprofit organizations may now benefit from the Main Street Lending Program:  key takeaways," AKD Partners
• "Eliminating the Secondary Earner Bias: Lessons from Malaysia, the United Kingdom and Ireland," Northwestern Journal of Law and Social Policy (Fall 2009)
• "Washington State and Minnesota Probate Law: Comparison and Contrast with Louisiana Succession Law," American Constitution Society for Law and Policy ResearchLink (2008)

• Speaker, Navigating fund financing structures: Insights for lenders and borrowers, AKD Partners (November 12, 2024)
• Speaker, Structuring Credit Support Agreements in Fund Finance: ECLs, Guaranties, Keepwell Agreements, Comfort Letters, Strafford (September 6, 2024)
• Panelist, Does your client have a validly perfected security interest?, AKD Partners (October 18, 2023)
• Keynote Speaker, National Law School Signing Day, Dillard University, New Orleans, LA (April 2023)
• Speaker, Legal Mentor Transactional Bootcamp Series - Session 1, AKD Partners (2023)
• Speaker, Preparing for Your Performance Evaluation: Leveraging the Feedback for Your Professional Development, Corporate Counsel Women of Color Law Firm Associates Career Strategies Conference (June 2022)
• Speaker, Mentorship Matters, Creating Equitable Futures presented by Women's Bar Association of Illinois and StepUp (May 2021)
• Instructor, Basic Accounting For Transactional Lawyers, presented to AKD Partners LLP (US) finance and corporate lawyers (June 2019)
• Speaker, Clinic-in-a-Box®:  Bylaws for Non-Profit Organizations, delivered to non-profit organizations arranged by the Chicago Chapter of the Association of Corporate Counsel in partnership with The Law Project (July 2016)
• Instructor, Understanding Legal Opinions, presented to AKD Partners LLP (US) associates in transactional practices (multiple occasions)