BLP launches standalone derivatives practice with partner hire
BLP already has a wealth of experience in structured products and derivatives across the firm from banking and capital finance to tax and real estate. For example, BLP has recently acted on several new securitisations, including the market opening CMBS for Tesco and is engaged in the high profile restructurings of more than 40 Lehman Brothers affected securitisations totalling more than $25bn.
The creation of a core derivatives team will further enhance the breadth of service available to existing and new clients.
Simon Allan, BLP’s head of finance, said: “James’s appointment signals a new chapter for the finance team at BLP as we grow and develop to meet the needs of our clients. Notwithstanding the current economic environment, we believe derivatives will continue to be an integral and established feature of financial markets. As a senior structured finance specialist with a wealth of experience, James is well placed to build upon the existing expertise within the firm and create a new centre of excellence. We expect to expand the team in the coming year to include more partners and associates.”
James said: “I am pleased to be part of this exciting initiative at BLP. The creation of a standalone derivatives practice is an excellent opportunity for the firm to increase its offering to clients in this area. BLP is known for its collaborative and entrepreneurial spirit, and has a very strong track record of helping new teams establish themselves and quickly gain leading positions in their markets. This means I have a lot of confidence that we can achieve success in the derivatives market as well.”
If you would like further information, please contact Simon Allan at email@example.com.