Mayer Brown announced today that fund finance lawyer Thomas Rao has joined the firm as a partner in the Banking & Finance practice in New York. Mr. Rao joins from Paul Hastings LLP.
“Tom joins Mayer Brown as part of the rapid and continued expansion of our fund finance capabilities over the last several years,” said Ann Richardson Knox, the Global Head of Mayer Brown’s Fund Finance team. “Tom will further strengthen our ability to serve all aspects of the private funds and investment management industry. His addition reflects our commitment to bring in the very best talent to meet evolving market demands.”
Mr. Rao has more than 20 years of experience in fund formation and fund finance, including subscription credit facilities. He concentrates his practice in the representation of lenders and investment managers in connection with fund finance matters, including the structuring and negotiation of subscription credit facilities to funds, term loans and revolving facilities backed by fund portfolio assets, and working capital lines to fund sponsors. Mr. Rao also has significant experience representing private investment fund sponsors and institutional investors in connection with investment management matters, including the formation and operation of domestic and offshore funds, separate accounts and private REITs. He regularly addresses issues arising under lending, secured transactions, corporate, partnership, securities, investment management, ERISA and tax laws.
“I am thrilled to join Mayer Brown’s market-leading Banking & Finance practice,” said Mr. Rao. “I was drawn to the firm’s commitment to grow its fund finance capabilities and by the superb quality and character of its lawyers. I look forward to joining forces with Mayer Brown, and think my experience advising on fund financings will help current and future clients achieve their business goals.”
“Tom is well-respected within the fund finance market, has a high-quality practice and a clear vision for growth that aligns with ours,“ said Matthew Ingber, the managing partner of Mayer Brown’s New York office. “We are enthusiastic about all Tom brings to Mayer Brown given his experience and reputation.”
Source: www.mayerbrown.com
