Linklaters picks Gray as new leveraged finance chief

Linklaters has appointed former Freshfields Bruckhaus Deringer partner Brian Gray as co-head of its leveraged finance practice, replacing global banking head Gideon Moore.

Gray, who joined the firm from the magic circle rival in 2007 (25 June 2007), will co-run the team alongside current head Nick Syson.

Moore exited the role after being appointed global head of banking following a contested process involving four candidates, which became three when one pulled out (26 July 2011).

Gray focuses on leveraged and acquisition finance, including leveraged buyouts, restructuring and infrastructure for underwriters and sponsors.

His move to Linklaters was one of a string of high-profile banking hires from rival Freshfields that also included the recruitment of restructuring expert Chris Howard (22 November 2010).

Gray was among the partners advising Carlyle Group on on its £450m acquisition of Integrated Dental Holdings (IDH) from Bank of America Merrill Lynch last year (31 January 2011).

His promotion to the role follows the appointment of another lateral hire, Robert Elliott, as senior partner (3 May 2011). Elliott joined the firm from legacy Denton Wilde Sapte 1990.