Ashurst Expands CLO and Structured Product Teams With Major Hires

Ashurst announces that partners Scott Pierpont and Lee Ann Anderson have joined the firm’s market leading structured finance team, based in New York and Washington DC, respectively. In a separate move, Eric Bothwell has been appointed partner in New York and Cameron Saylor has been appointed partner in the London office.

Scott joins from Jones Day and has extensive experience in structured finance, with a particular emphasis on CLOs and credit funds. He advises leading banks, asset managers, funds, investors and sponsors on international and domestic financial transactions. Scott is joined by Mitch Naumoff, also from Jones Day, who joins as counsel in Washington DC. Mitch has extensive experience in CLOs, structured finance and derivatives.

Lee Ann joins from Sullivan & Cromwell and has considerable experience in public and private securities offerings and derivatives transactions, with a focus on structured note and structured CD programmes. Lee Ann also has in-depth expertise in structured finance and fixed income products transactions.

Eric was the former head of Goldman Sachs’ CLO team and has been a CLO and funds practitioner for over 20 years in various capacities. As a part of the CLO market almost from its inception, Eric also spent time at a structured products focused hedge fund where he ran a team of portfolio managers and analysts focused on managing leveraged loans in both CLO and hedge fund formats.

Cameron has extensive experience across the securitisation market and has a particular focus on CLOs. He advises arrangers and collateral managers on both European and US transactions.

Head of the US, William Gray, said:

“These partners are a very strong addition to our US and London offices and the global practice. They all have exceptional credentials and will play a critical role in driving forward our ambitions for both Ashurst and our clients.”

Michael Logie, Head of Ashurst’s Securities and Derivatives Group, said:

“This move reflects our commitment to grow our market-leading CLO and structured products practices. In addition, these partners have broad skill sets, which will complement and further enhance our offering across other areas of structured finance and securitisation, as well as US debt capital markets and regulatory matters.”

Source:  www.ashurst.com