What is the story about?
What's Happening?
Dentons has announced the addition of Michael Calandra as a partner in its capital markets practice in New York. Calandra brings over 20 years of experience in capital markets, having previously worked as an executive director at Morgan Stanley. His expertise includes structured finance and capital markets transactions, with a focus on residential warehouse lending, RMBS issuance and underwriting, single-family rental financing, and commercial repos. This strategic move aims to bolster Dentons' capabilities in these areas, enhancing their service offerings to clients.
Why It's Important?
The recruitment of Michael Calandra is significant for Dentons as it strengthens their capital markets team with a seasoned professional who has extensive experience in structured finance. This move is likely to enhance Dentons' competitive edge in the legal industry, particularly in the capital markets sector. Clients seeking expertise in residential warehouse lending and RMBS issuance may benefit from Calandra's specialized knowledge, potentially leading to increased business opportunities for the firm. The addition of a high-profile partner from a major investment bank like Morgan Stanley underscores Dentons' commitment to expanding its market presence.
What's Next?
With Calandra's integration into Dentons, the firm may look to leverage his expertise to attract new clients and expand its service offerings in capital markets. This could involve developing new strategies for structured finance transactions and exploring opportunities in emerging markets. Additionally, Dentons might focus on strengthening its relationships with existing clients by offering enhanced advisory services in areas where Calandra has demonstrated expertise. The firm may also consider further strategic hires to complement Calandra's skills and broaden its capabilities.
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