Dechert LLP

Dechert LLP has invested heavily in its London team with the recent recruitment of Sushila Nayak and James Jirtle from Orrick, Herrington & Sutcliffe (UK) LLP. Nayak will lead the firm’s CLO offering, which was already increasing its market presence. Aaron Scott recently led a team that advised Barings on the launch of the first-ever EU private credit CLO, a €380m offering backed by a portfolio of European middle-market loans. The growing use of securitisation technology in back-leverage and fund finance transactions continues to play to the strengths of experienced partner John McGrath, who is also a key adviser to both banks and buy-side parties on performing and non-performing financial products often involving enforcement or restructuring. Richard Pugh is a go-to adviser on CMBS, term asset-backed securitisations, and securitised lending.