Law firm Akin boosts private credit team in New York

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Akin has boosted its special situations and private credit practice with the appointment of Bill Brady as a partner, based in New York.

Brady joins from Paul Hastings, where he was head of the alternative lender and private credit group.

The law firm said that Brady’s practice focuses advising a broad array of direct lenders and private credit firms on complex finance transactions and credit arrangements, including financings that include multiple tranches of debt.

Read more: Freshfields boosts private capital team in London

The new appointment will reinforce the firm’s position as a global ‘one-stop shop’ advising leading alternative asset managers across, finance, M&A, restructuring and funds matters, Akin said.

“With continued growth in the private credit markets, demand remains high for creative lawyers who can advise clients on transactions across the credit spectrum,” said Akin chairperson Kim Koopersmith. “Bill is a tremendous addition to our thriving practice and I’m thrilled to welcome him to the firm.”

Read more: Finance partner Benoit Lavigne re-joins Ropes & Gray to advise on credit

Brady said: “Akin has a clear strategy and global platform that is incredibly synergistic to my private credit practice and positions me to serve clients in the credit and alternative asset managers space with top-tier practices across a range of legal needs. I’m excited to join this thriving team.”

Akin has made a number of new hires to its special situations and private credit practice globally, most recently Tarun Warriar in Hong Kong and Corinne Musa in New York, both in May 2023.

Read more: Morrison Foerster hires partner to boost alternative credit expertise



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