Berwin Leighton Paisner’s (BLP) banking push shows no sign of abating as the firm picks up a structured finance partner from Clifford Chance.
Prashanth Satyadeva, a partner in Clifford Chance’s securitisation team since 2008, joins BLP as a partner in the structured finance team, which sits within the banking and capital markets group and is led by former Clifford Chance partner Paul Severs.
Satyadeva advises banks, funds and corporates on securitisations and asset-backed finance structures.
In November 2011, BLP hired another structured finance expert, Ashurst partner Simon Small (14 November 2011). But in December, Tamara Box, who headed the firm’s international structured finance practice, left BLP for Reed Smith (21 December 2011).
BLP’s finance head Matthew Kellett said: “Structured finance is an area in which we have a growing business and reputation and we anticipate further growth in the future.
“Prashanth’s securitisation and structured finance expertise adds to our bench strength and our ability to serve the needs of our clients who are looking to monetise assets and manage balance sheets through securitisations, debt fund structures and asset sales.
“His experience of working on highly complex and innovative transactions complements the capabilities of our existing team, which includes partner Lucy Oddy who joined from Clifford Chance in 2010.”