Milbank Tweed Hadley & McCloy has made another significant London hire with the addition of highly rated high yield partner Apostolos Gkoutzinis from US rival Shearman & Sterling.

Gkoutzinis, who leads Shearman’s European and Middle East capital markets practice, has been a partner at the US firm since 2011, when he was made up in an out-of-season promotion following the departure of high yield partner Ward McKimm to Kirkland & Ellis.