Private Equity Lawyer Hertz Dies

May 23 2014 | 12:33pm ET

Prominent private-equity lawyer Stephen Hertz has died, an apparent suicide at the age of 55.

Hertz, a partner at Debevoise & Plimpton, leapt to his death from his 22nd-floor apartment on Central Park West in New York on May 16, according to police.

Hertz was a member of Debevoise’s mergers and acquisitions and p.e. groups. His clients included p.e. firm Stone Point Capital, and he worked on deals involving the likes of Kohlberg Kravis Roberts and CVC Capital Partners.

Stone Point’s general counsel, David Wermuth, called Hertz “an outstanding lawyer and trusted adviser” who the firm “routinely called for our most complex transactions.”

“We are shocked and deeply saddened by the passing of our partner and friend Steve Hertz,” Debevoise said. “Steve was an exceptionally warm and caring person, extraordinarily dedicated to our clients, and generous to his colleagues. He will be profoundly missed.”

Hertz is survived by his wife and a son from a previous marriage.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note