What's Happening?
McDermott Will & Schulte has announced the rehire of William Kloos as a partner in its transactions practice group in New York. Kloos, who previously worked with the firm, brings extensive experience in advising asset managers across credit, private equity,
and fund structuring and formation. His expertise includes fundraising with limited partners and developing a broad sponsor network. Kloos joins McDermott from Cerberus, where he was responsible for overseeing legal policies and procedures. His return to McDermott is expected to strengthen the firm's capabilities in handling complex transactions and providing strategic advice to clients.
Why It's Important?
The rehire of William Kloos is significant for McDermott Will & Schulte as it enhances the firm's transactional practice in New York, a key financial hub. Kloos's expertise in asset management and fund structuring is likely to attract new business opportunities and strengthen existing client relationships. His background in legal policy development and fundraising positions him as a valuable asset in navigating the complexities of financial transactions. This move reflects McDermott's commitment to expanding its presence in the competitive New York market and providing comprehensive legal services to its clients.
