Larry Makel joined Patton Boggs in 1997 as a founding partner of the Dallas office, which has doubled in size under his guidance. He remains a member of the firm’s National Executive Committee, where he has served for 10 years.
As part of the Business Law practice group, Mr. Makel concentrates his practice in the structured finance, venture capital, and financial services areas, as well as in the formation of small businesses, investment corporations, and private investment funds.
Mr. Makel has represented numerous financial institutions in connection with leveraged buyouts, leveraged recapitalizations, refinancings, subordinated debt investments, preferred stock investments, asset-based lending, restructurings, and workouts. He is nationally regarded as an authority in the area of mezzanine finance and he has extensive experience in providing legal and other business counsel to mezzanine and equity firms, as well as other financial institutions.
Mr. Makel and Patton Boggs have been the exclusive legal counsel to Rice Capital since its inception. He was a founding partner in Capital Point Partners L. P., a mezzanine fund based in Houston in the business of making mezzanine investments of $4-$10 million dollars in operating companies throughout the United States. Most recently, Mr. Makel founded Highland Bancshares, Inc., a Dallas bank where he was Vice Chairman of the Board, a member of the Executive Committee, and Chair of the Directors’ Loan Committee. Highland Banshares was merged into ViewPoint Bank, a publicly traded financial institution.
In addition, Mr. Makel is a founder of Texas Capital Bancshares and Texas Capital Bank, N.A., the largest de novo bank in United States history (with $80 million in initial capitalization). Mr. Makel and eight other prominent Texas business leaders founded and raised capital for the bank in 1998 and have since grown its assets in excess of $2.5 billion. While a member of the Board and Executive Committees of both Bancshares and Texas Capital, as well as a member of the Directors’ Loan Committee, he participated in the origination and structuring of more than $800 million in commercial loans. Previously, he was a founder of Resource Bank in Dallas, where he was also Director and served on the Executive Committee.
Before beginning his career in private practice, Mr. Makel was an Assistant Attorney General for the Commonwealth of Pennsylvania.