Ashurst hires Mayer Brown US finance partner
Mayer Brown partner Lawrence Berkovich will join Ashurst's collateralised loan obligations team in New York
November 16, 2015 at 09:19 AM
2 minute read
Ashurst has hired finance partner Lawrence Berkovich from Mayer Brown to join its collateralised loan obligations (CLOs) team in the US.
Berkovich, who helped build Mayer Brown's CLO practice, will join Ashurst's New York office.
He specialises in complex structured finance transactions, and has a particular emphasis on broadly syndicated and middle-market CLOs, commercial real estate loan securitisations and rated and unrated leveraged loan and commercial real estate loan warehouse facilities.
He joined Mayer Brown's Charlotte office as a partner in May 2013.
Ashurst recently boosted its US finance practice offering with two other lateral finance partner hires.
Last month finance partner Scott Pierpont joined the UK firm's New York office from Jones Day, while securities partner Lee Ann Anderson joined its Washington DC office from Sullivan & Cromwell.
Michael Logie, head of Ashurst's securities and derivatives group, said that the hires would give the firm an "even stronger transatlantic client offering".
He added: "The market is increasingly changing, and we are focused on continuing to grow our international CLO and structured finance practice."
Ashurst has seen several European departures recently.
At the start of this month, a quartet of finance and corporate partners left the firm to launch Goodwin Procter's Frankfurt office. The four partners that left were real estate, corporate and finance partners Peter Jungh
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