Lovells corporate team in Asia has hired merchant banking and structured credit partner Fred Chang from Wall Street firm White & Case.
Chang advises financial institutions on private equity and sophisticated debt and equity proprietary investments in China.
He specialises in complex debt and equity structures used for pre-float investments by investment banks, private equity firms and hedge funds.
Lovells’ managing partner, David Harris, said: “Our corporate practice has grown very significantly in Asia in recent years and expanding our relationships with the advisory arms of leading investment banks has been central to that growth.
“Fred’s practice, which focuses on the banks’ proprietary investment activities, adds a further dimension to these relationships.”
Chang will join Lovells’ Beijing office as a partner after the Chinese new year on 7 February.
Before joining White & Case in January 2006, Chang was a partner at King & Wood, the largest firm in China.
He has also worked in-house as Asia general counsel at Deutsche Bank Asia for five years, as well as in legal positions at Goldman Sachs.
Also moving to the firm’s Asia team is London leveraged and acquisition finance partner Gary Hamp, who joins the firm’s Hong Kong office.
Hamp’s move is part of a strategic re-alignment by the Hong Kong finance practice to focus on high-end leveraged and acquisition finance work for private equity firms and investment banks.