Steven King
Steven King

Steven B. King

Partner

kings@ballardspahr.com
Tel 215.864.8604
Fax 215.864.8999
Philadelphia

Steven B. King is the Practice Leader of Ballard Spahr's Investment Management Group, and former Co-Chair of the Mergers and Acquisitions/Private Equity Group. His merger, acquisition, and securities clients include Fortune 500 companies, as well as small companies and individual entrepreneurs for whom he handles public and private business acquisitions, public offerings (including IPOs), and private placements of securities.

Mr. King also represents underwriters in public and private offerings and broker-dealers in enforcement-related issues. In addition, he has advised large mutual fund complexes, business development companies, hedge funds, and underwriters of specialized unit investment trusts.

Mr. King has extensive experience in representing committees of independent directors of public companies in the context of affiliate transactions, as well as representing independent directors of investment companies. In these roles, Mr. King has counseled independent directors regarding their fiduciary and other duties, helped negotiate changes to certain proposed transactions that improved the prospects for approval of the transactions under the appropriate fairness tests, conducted and documented necessary interviews, and assisted the committees in engaging valuation, accounting, investment banking, and other experts to assist them in their work, where necessary.

Mr. King has extensive experience in the area of federal and state post-secondary education law as a result of a three-year period in which he served as Chairman of the Board of a New York Stock Exchange-listed company engaged in career training and vocational education. He still devotes a portion of his practice to representing educational institutions in connection with their administrative and regulatory requirements and with purchases and sales of such institutions.

Mr. King also has experience in media industries (where he has represented an independent film production company, individual authors, and a privately held group of newsstand magazine publishing, printing, and distributing companies) and food production businesses (where he represented an independent specialty meat production company).

Professional Activities

American Bar Association
Philadelphia Bar Association

Recognition & Accomplishments

The Best Lawyers in America, private funds/hedge funds law, 2007-2014

Publications

"Recent Securities and Exchange Commission Cease and Desist Order May Portend Increasing Regulatory Scrutiny with Respect to Fair Valuation Practices," The Investment Lawyer, Vol. 14, No. 10, October 2007

Speaking Engagements

Panelist, "Trading and Valuation Issues and the Impact of Complex Investments on a Fund's Compliance Program," Investment Company Institute

Community Activities

Haddonfield Friends School, former Trustee
Moorestown Friends School, former Trustee
Haddonfield Friends of the Library, former Trustee and President
Yale Alumni Schools Committee (Southern New Jersey), former Chair

Harvard Law School (J.D. 1974, cum laude)

Yale University (B.A. 1971, cum laude)

Florida

New Jersey

Pennsylvania