Releases and Announcements

Duane Morris Partner Richard Jaffe Elected to Association for Corporate Growth Global Board of Directors

May 8, 2012

Richard JaffePHILADELPHIA, May 8, 2012—The Association for Corporate Growth (ACG), the global organization focused on driving middle-market growth, has elected Duane Morris partner Richard Jaffe to its 2012–2013 Global Board of Directors. Jaffe, co-head of the firm's Private Equity Group, will serve a three-year term.

ACG boasts 14,000 members, including professionals from private equity firms, corporations and lenders that invest in middle-market companies, as well as from law, accounting, investment banking and other firms that provide advisory services. Founded in 1954, ACG is a global organization with 56 chapters. Its Global Board of Directors is responsible for the overall governance and oversight of the organization. Duane Morris is an ACG Global Growth Partner.

Jaffe practices in the area of corporate law with a focus on private equity, mergers and acquisitions, divestitures, corporate finance, venture capital financing and fund formation, particularly in the alternative energy, technology, retail and manufacturing industries. He represents private equity funds and other investors and companies in transactions and advises entrepreneurs on raising and investing capital as well as structuring public and private securities offerings, mergers, acquisitions and sales. In addition, Jaffe counsels boards and committees of boards on corporate governance issues, and he is a frequent lecturer on these issues.

Jaffe has been an active member of ACG for many years, having served as its President and chaired ACG Philadelphia's M&A East Conference. He is the chair of the Corporate Governance Advisory Council of Drexel University's LeBow College of Business. He is a member of the board, having previously served as the chairman of the board of the University City Science Center, and is also a trustee of the University of the Arts. Jaffe has been recognized in Chambers USA as a leading corporate/M&A and private equity lawyer.

Lawyers in Duane Morris' Private Equity practice counsel a broad spectrum of middle-market funds and other private capital sponsors, as well as their portfolio companies, and sellers of middle-market businesses. They have extensive experience with the transactional, regulatory and business issues faced by clients in fund formation, control and non-control investments, portfolio management and M&A.

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