People moves and key promotions in securitisation

This week’s round-up of securitisation job swaps sees Paul Hastings poach a team of restructuring, private credit and special situations lawyers from King & Spalding. Elsewhere, Apollo-allied credit solutions provider Cadma Capital Partners continues to beef up its leadership team, while Kirkland & Ellis has lured a structured private credit lawyer to its debt finance group.

Collectively, the King & Spalding team brings extensive experience to Paul Hastings, representing diverse clients ranging from private credit funds and BDCs to banks, financial institutions and CLOs. The team includes Jennifer Daly - who was co-head of the global finance and restructuring practice at King & Spalding - Roger Schwartz, Matthew Warren, Christopher Boies, Zachary Cochran, Peter Montoni, Geoffrey King, Lindsey Henrikson and Robert Nussbaum. Daly, Schwartz, Boies, Montoni and Nussbaum will be based in New York; Warren will split time between Chicago, where he will be joined by King and Henrikson, and Houston; and Cochran will work out of the Washington, DC and New York offices.

Meanwhile, Cadma Capital Partners has named Dan Long md and head of structured finance, based in New York. He was previously md, head of venture credit at Cohen & Company Asset Management, which he joined in 2019. Long began his career in credit and ABS structuring at Barclays in 2006, before moving to Resource America and then co-founding PeerIQ in 2014.

Michael Urschel has joined Kirkland & Ellis as a partner in the debt finance group, where he will lead the firm’s structured finance and structured private credit practice. Urschel advises sponsors, credit funds, initial purchasers, institutional investors, investment banks and borrowers on a broad array of structured finance transactions, ranging from whole business securitisation to digital infrastructure and energy asset securitisation. He was previously a partner in Milbank’s New York alternative investments practice.

Expert witness firm SEDA Experts has appointed Vadim Verkhoglyad as md. Verkhoglyad is vp and head of research at dv01 and in that role has published research highlighting performance and origination trends across multiple credit markets, along with macroeconomic reports, geographic analysis and other ad-hoc projects. He was previously a structured credit portfolio manager at Tricadia Capital, where he worked for 12 years covering RMBS and ABS, having begun his career as an analyst at Bear Stearns in 2005.

Finally, Seyfarth Shaw has recruited partner John Domby to its real estate department in Charlotte, North Carolina. Domby joins Seyfarth from Katten Muchin Rosenman, where he was a partner in its real estate finance and lending practice. A real estate finance attorney with experience in all phases of the economic cycle, from originations to workouts, Domby advises banks and funds on structured commercial real estate financings, with an emphasis on closing new originations of floating-rate bridge loans and CMBS loans.

Corinne Smith