LONDON, June 19, 2017 – King & Spalding has hired Mark Wesseldine and Fergus Wheeler as finance partners in the firm’s London office.
Wesseldine and Wheeler are highly-regarded for their private credit practice, representing multi-strategy private credit and alternative capital funds operating out of London and New York. Both lawyers were previously partners at Ropes & Gray in London.
“Mark and Fergus are first-class finance partners and represent an important strategic addition to our finance practice both in London and internationally,” said Robert D. Hays, Chairman of King & Spalding.
Wesseldine represents private credit funds and alternative capital providers on cross-border leveraged buy-out financings, special situation investments and restructuring transactions. His client base covers international credit funds, financial institutions, specialist senior loan and subordinated credit investors and other private investors in senior and junior capital financings, such as first lien loans, mezzanine loans and notes, and private high yield or PIK notes.
Wheeler’s practice also focuses on representing private credit funds and alternative capital providers, including sovereign wealth funds. His portfolio includes advising on direct lending, hybrid unitranche structures, leveraged acquisition financing and special situations, with a particular focus on junior capital investment.
“Mark and Fergus have stellar reputations as being true private credit fund and alternative capital advisors. They further strengthen our well-developed practice in this space and significantly add to our ability to represent cross-border lenders in areas such as direct lending, unitranche lending, junior capital transactions and restructurings,” said Carolyn Alford, practice group leader of King & Spalding’s Global Finance Practice.
Both partners have been ranked in Chambers & Partners and Legal 500.
“London is one of the key global markets for finance and credit, so Mark and Fergus bring another important dimension to our practice in the City,” said Garry Pegg, managing partner of the firm’s London office. “Their client list, strong portfolio and high-level expertise complement our current capabilities in London very well; they are a fantastic fit with our existing corporate, capital markets, finance and private equity lawyers.”
“We see tremendous benefits and opportunities for clients when we add our current private credit practice to King & Spalding’s global finance platform,” said Wesseldine. “The ability to work alongside and leverage off King & Spalding’s established creditor focused finance practice in the US will put us in the best position to advise clients thoughtfully and commercially in an ever-changing global finance market. We are excited to begin work.”
About King & Spalding
Celebrating more than 130 years of service, King & Spalding is an international law firm that represents a broad array of clients, including half of the Fortune Global 100, with 1,000 lawyers in 19 offices in the United States, Europe, the Middle East and Asia. The firm has handled matters in over 160 countries on six continents and is consistently recognized for the results it obtains, uncompromising commitment to quality, and dedication to understanding the business and culture of its clients. More information is available at www.kslaw.com.