Alexei Cowett

Partner
Cowett Alexie

Alexei Cowett is a senior member of Venable's Corporate Group and the head of the firm's Growth Companies Practice. Alexei represents growth companies throughout their investment life cycle – from early-stage seed, Series A and B financings, to late-stage growth financings and ultimately exit transactions. In addition to his growth companies practice, Alexei represents public and private companies in sophisticated corporate transactions, including domestic and cross-border mergers and acquisitions, joint ventures and partnerships and equity, debt, and esoteric financings. For a number of his clients, Alexei serves as outside general counsel, managing their full range of legal needs.

He has built a reputation as a fierce advocate for the interests of his growth company clients, their founders, and existing investors. He also takes a proactive approach to financings and other transactions, generally developing and driving the terms of the deals.

Unlike many of his peers among leading financing counsel, Alexei almost exclusively represents companies in financings and not the investment community.

Alexei's passion for growth companies extends beyond service as an outside advisor. He was a senior executive with two prominent growth companies, the first of which raised in excess of $60 million and the second of which raised in excess of $240 million. In these roles, he was a senior corporate officer with oversight of legal affairs and had operational focus on corporate development, strategic alliances, corporate finance, and mergers and acquisitions. As such, he structured and negotiated his company's most important transactions.

Throughout his career, he has represented companies that are first to market with disruptive products, services, or technologies. Accordingly, he has a heightened awareness of the competitive landscape and the execution and regulatory risks facing such companies.

His subject matter knowledge spans traditional and emerging industries, including information technology, e-commerce, biotech, pharma and healthcare, consumer products, telecom, energy, and financial services. He has advised on more than $60 billion in closed transactions for public and private equity- and venture-backed companies and investment funds.

Alexei is an active member in the investment community, coaching up-and-coming growth companies. He serves on the board of directors of MAVA, which brings together innovators, companies, corporate partners, private capital, and key advisors on the East Coast to help build successful businesses from start-up to exit. He is also a member of the executive advisory board of TechWeek. From 2004 to 2014, Alexei served as an economic development commissioner for Arlington County, Virginia. His work as a commissioner focused on improving the regulatory climate for business and increasing the county's economic competitiveness.

Prior to joining Venable, Alexei was a founding partner of a boutique corporate and litigation law firm. He previously practiced at Davis Polk and Greenberg Traurig.

Experience

Government Experience

  • Commissioner, Economic Development Commission of Arlington County, VA
  • Vice Chairman, Economic Development Commission of Arlington County, VA

Representative Matters

  • Broadwing, in its $1.4 billion merger with Level 3 Communications
  • Citigroup, in its $12.5 billion acquisition of Grupo Financiero Banamex-Accival (Banacci), Mexico's largest financial services company
  • ClassPass, the premier fitness membership, in each of its equity financings, and its acquisition of fitmob, inc.
  • Drummond Company, Inc., in connection with the sale of its Shoal Creek mining business to Peabody Energy
  • Emerson Electric, in the formation of its Louisville Ladder Group cross-border joint venture with Grupo IMSA
  • Endesa (Spain), in its $1.5 billion acquisition of Enersis and its $2.1 billion acquisition of Endesa-Chile, two of Latin America’s largest power companies
  • Glenmark Pharmaceuticals, in its unique royalty agreement with Paul Capital Partners to finance the development of dermatological products for the U.S. market
  • ImClone, in its agreement with a leading pharmaceutical company for the development and commercialization of Erbitux® (its leading anti-cancer product), as well as with respect to the company’s related equity investment
  • Investor group, in its acquisition of iBeauty.com 
  • Koninklijke Van Ommeren (Royal Vopak) in connection with its disposition of various U.S. partnership interests to International Tank Terminals, Ltd.
  • Kraft Foods, in various dispositions
  • Limited Brands, in various matters, including the sale of Lane Bryant
  • Morgan Stanley, in various matters, including the formation of an oil and gas fund
  • Leading global provider of network monitoring systems in connection with the restructuring of its U.S. operations
  • Nabisco, in its $475 million acquisition of the Favorite Brands business pursuant to a sale in bankruptcy
  • Nielsen BuzzMetrics (now Nielsen Online) in various matters, including its acquisition of Intelliseek
  • Panasonic, in various M&A matters
  • Polymedica, in the sale of its Women’s Health Care Business
  • Repsol, in its $15 billion acquisition of YPF, Latin America’s largest petroleum company
  • Telefonica, in its $26 billion tender offer for various telephone companies in Latin America
  • Vivendi, in the disposition of its Flex-Kleen, REECO, and worldwide Research-Cottrell businesses
  • Vocus, in various acquisitions
  • Weblink Wireless, in connection with its merger agreement with Metrocall, providing for the first coordinated bankruptcy filing of two U.S. public companies, to be followed by their proposed merger in bankruptcy
 

Insights

Credentials
+

Education

  • J.D. cum laude University of Pennsylvania 1992
    • Associate Editor, University of Pennsylvania Journal of International Business Law
  • A.B. magna cum laude Harvard University 1989
    • Editor-in-Chief, Harvard International Review

Bar Admissions

  • District of Columbia
  • New York
  • Virginia

Professional Memberships and Activities

  • Board member, Mid-Atlantic Venture Association
  • Member, executive advisory board, Techweek