Davis Polk Welcomes Finance Associate Nicholas Palumbo | Enterprise & Finance

Mr. Palumbo joins Davis Polk from White & Case LLP, exactly where he led the firm’s Americas Personal Credit history & Direct Lending exercise. He has substantial encounter in structuring and negotiating immediate lending and personal credit history transactions, like senior extend and unitranche services, secured and unsecured syndicated loans, next lien and recurring income transactions, asset-primarily based credit history amenities, subscription line credit facilities, subordinated financial loans and mezzanine financings.

“We are thrilled to welcome Nick to Davis Polk,” mentioned Neil Barr, Davis Polk’s Running Lover. “Direct lending has become a critical resource of financing for numerous transactions. With Nick on board, we even further solidify our situation as the leading organization for elaborate financings. We are uniquely positioned to tutorial customers on the comprehensive spectrum of deal constructions, including solitary resource and clubbed direct lending transactions, distressed investment decision and restructuring, leveraged and large cap syndicated financings, and funds marketplaces and derivatives transactions.”

“Nick has set up a industry-foremost immediate lending practice and has an unmatched standing for his subtle comprehension of the non-public credit planet and his capability to come across artistic, professional methods,” mentioned Jason Kyrwood, Co-Head of Davis Polk’s Finance Team. “Direct lending has knowledgeable explosive growth about the past a number of several years, and Nick provides outstanding marketplace awareness and expertise that will anchor our private credit rating practice likely ahead. He is an superb addition to our group.”

“We could not be much more enthusiastic about Nick’s arrival and what it suggests for the continued growth of the Davis Polk finance exercise,” included Jim Florack, Co-Head of Davis Polk’s Finance Team. “Davis Polk is a genuine a single-stop store for intricate funding transactions of all types, and we are especially well positioned as financing models go on to evolve.”

Nick Palumbo claimed, “Davis Polk’s finance attorneys are phenomenal throughout the board. I am excited to be part of the crew and glance ahead to collaborating with my new colleagues as the company carries on to bolster its investment in the critical immediate lending area.”

Mr. Palumbo gained his J.D. from Brooklyn Law University in 2004 and B.S. from New York University’s Leonard N. Stern Faculty of Small business in 1999.

Davis Polk & Wardwell LLP (like its connected entities) is an elite world wide regulation firm with world-course practices across the board. Clients know they can count on Davis Polk for their most challenging lawful and small business issues. Our around 1,000 lawyers found in 10 offices in the world’s important financial centers and political capitals collaborate seamlessly to deliver fantastic company, advanced suggestions and innovative, functional alternatives. Check out davispolk.com.

About Davis Polk’s Finance Group.

Davis Polk is a leader in finance-related advice, providing tailored, progressive counsel on the world’s most critical and complex financing transactions. Purchasers including economical establishments, immediate loan providers and corporate debtors rely on our deep lawful practical experience and savvy business being familiar with of worldwide economical marketplaces in transactions which includes leveraged and financial investment-grade acquisition funding, immediate lending, fund finance, bridge loans, structured finance, asset-primarily based lending, project and infrastructure finance, and debtor-in-possession and exit financings. No legislation business has a improved status for excellence throughout the quite a few types of immediate and syndicated finance transactions that are of crucial value to debtors and lenders.

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PUB: 01/27/2021 02:37 PM/DISC: 01/27/2021 02:37 PM