Berwin Leighton Paisner has hired Allen & Overy leveraged finance partner Andrew Bamber into its banking and capital markets department.
Bamber will join BLP in September of this year, focusing on sponsor-led acquisition financings.
BLP managing partner Neville Eisenberg said: “Andrew’s appointment is a very significant step forward for BLP. We have had a long-stated ambition to create a leading private equity capability, on both the sponsor and lender sides, and the addition of Andrew adds substantially to our momentum and capability in achieving that goal.”
This follows on from BLP’s hire of a string of high-profile finance specialists over the last year including private equity partner Raymond McKeeve (TheLawyer.com, 30 March 2009), A&O financial services regulatory partner Sydney Myers (21 July 2008), as well as former Barclays banker Peter Harvey (26 August 2008).
Earlier this year A&O made the decision to dramatically scale back its core leveraged finance team after a dearth of buyout activity drove leveraged markets to an all-time low (9 March 2009).
Bamber was part of a four-partner leveraged finance team that left Norton Rose for Allen & Overy in January 2002.