What's Happening?
Paul Hastings has announced the addition of Thomas Picton as a partner in its structured finance practice in London. Picton, who joins from Ashurst, brings extensive experience advising issuers, originators, and arrangers on securitization, structured private
credit, and portfolio acquisitions. His expertise spans consumer securitization, specialty finance, fund finance, auto ABS, RMBS, and covered bonds. Picton's client base includes banks, specialty lenders, credit funds, asset managers, and private equity firms. This strategic hire is part of Paul Hastings' efforts to strengthen its structured finance capabilities in the European market.
Why It's Important?
The addition of Thomas Picton to Paul Hastings' London office underscores the firm's commitment to expanding its structured finance practice in Europe. This move is significant as it enhances the firm's ability to serve a diverse range of financial clients, including banks and private equity firms, in a competitive market. By bolstering its expertise in structured finance, Paul Hastings is better positioned to navigate the complex regulatory landscape and meet the growing demand for sophisticated financial services. This expansion could lead to increased business opportunities and a stronger market presence for the firm.
