Berwin Leighton Paisner (BLP) has given its London projects team a boost, hiring an equity partner from Allen & Overy (A&O).
Andrei Baev will join BLP in the near future as a partner in the firm’s projects group, which is led by partner Adam Dann and housed within the firm’s finance department. Baev, a native Russian, will be based in London but will also have a desk in Moscow.
Baev joined A&O in 2001 and made partner in 2004. He has spent time in the firm’s London, Moscow and New York offices.
Baev acts for sponsors, international banks and financial institutions, export credit agencies and multilateral lending agencies in project finance transactions involving oil and gas, mining, telecommunication, and infrastructure deals.
“When I joined BLP I took a look at the finance practice and, candidly, there were a few things that needed to change,” said BLP’s finance head Matthew Kellett. “We’ve made a couple of hires at the banking end and are looking at structured finance. We’ve also refocused our projects business on infrastructure and energy and Andrei ticks the box in terms of what we’re doing. He also ticks the box in increasing our capabilities in Moscow and improving inter-office links.”
A spokesperson for A&O said: “Andrei Baev has decided to leave Allen & Overy. We’d like to thank him for the contribution he has made during his time at Allen & Overy and wish him all the best for the future.”