Legislation agency Freshfields has appointed non-public capital attorneys Paul Stewart, Mark Davis and Nick Fortune as companions to its world transactions apply in London.
Stewart will function world co-head of personal credit score and capital options alongside New York-based companion and world co-head of personal credit score and capital options Damian Ridealgh.
Stewart and Davis will be a part of Freshfields from US agency Weil Gotshal & Manges, the place Fortune was additionally primarily based till not too long ago.
Stewart advises credit score funds, monetary establishments and different buyers throughout a spread of leveraged finance mortgage merchandise, with a deal with the non-public credit score and capital options areas.
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Davis acts for credit score funds, monetary establishments and different buyers in a variety of transactions, together with cross-border capital options financings, high-yield financings, restructurings and different complicated issues.
Fortune has acted on a variety of worldwide restructurings and insolvency transactions with a robust deal with creditor and advert hoc group representations. His purchasers embrace main non-public capital and credit score funds.
All three companions will work intently with Ridealgh and Ken Baird, world head of restructuring in London, in additional strengthening Freshfields’ non-public capital and capital options providing, and the agency’s market main world non-public capital apply.
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“We’re delighted to welcome Paul, Mark and Nick to our world non-public capital and restructuring practices,” mentioned Baird and Ridealgh in a joint assertion. “They convey a skillset which, on high of their consumer base and product experience, will complement and construct out our present product providing and which aligns with our purchasers’ wants on this quickly evolving market. Our asset supervisor purchasers deploy multi-asset funding methods throughout fairness and credit score, and the addition of this three-partner workforce in London additional bolsters Freshfields’ place as a go-to advisor for our fund purchasers and on a world degree.”
Over the previous two years, Freshfields has expanded its non-public capital providing with a number of appointments globally. In 2024, the agency appointed Mary Lavelle as world co-head of personal funds and secondaries (PFS) in London adopted by fellow PFS companion Ivet Bell in New York.
Additionally within the US, non-public capital companions Eva Mak and Claire James joined in Silicon Valley and New York respectively.
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