Victoria Young assesses the advisers targeting the alt lending crowd ‘Almost every partner in our team is working on a direct lending mandate right now and that’s reflective of where markets are moving,’ notes White & Case partner Gareth Eagles. ‘It began as a niche, but it’s now a regular part of the funding mix. …
Insurance specialist Kennedys is merging with US firm Carroll McNulty & Kull to add 43 partners to its offering.
In its first European office opening since its 2016 merger, Gowling WLG has launched a second German outpost in Stuttgart.
Madeleine Farman and Victoria Young ask the firm’s leaders about growth in the City. Ropes & Gray’s rapid growth in London is an ascent which any newcomer would aspire to. Although the Boston firm was late to the party when it officially opened in 2010, its sole European base has enjoyed an impressive upward trajectory. …
Management at Addleshaw Goddard has settled arbitration proceedings against former head of real estate Mark Haywood, two years after he quit for Nabarro.
Weil, Gotshal & Manges and Hogan Lovells have taken key roles as Advent International and Bain Capital Private Equity have agreed to purchase Concardis for a reported $745m.
Worldpay has promoted Ruwan De Soyza to group general counsel following the exit of Mark Edwards after two years in the role.
Partners at Ashurst have voted in favour of a single yearly profit payment to replace quarterly distributions.
City firm Macfarlanes has made a rare triple lateral hire with three partners from King & Wood Mallesons‘ (KWM) European practice. The firm is taking on Tom Usher, Cameron Firth and Christoph Humpe as partners, and will also take on KWM’s former European senior partner Stephen Kon as a consultant.
White & Case and Addleshaw Goddard have picked up lead roles as Canadian firm CCL Industries said it would buy Innovia Group for $842m from The Smithfield Group.