Capital Markets: Securitisation: CLOs - USA
What the team is known for
Cleary Gottlieb Steen & Hamilton is praised for its work on CLOs. The firm is able to draw upon a superlative regulatory team to stay abreast of the most recent legislative developments in the field, with in-depth expertise in risk retention matters and the application of the Volcker Rule. Clients include investment banks, private equity firms and multinational conglomerates.
Strengths
"Cleary has a team of very strong lawyers that excel at handling complex matters."
"The attorneys at Cleary have substantive legal expertise and understand the market very well."
"It's a great firm and the team is very thoughtful."
Work highlights
Cleary Gottlieb Steen & Hamilton acted as counsel to Owl Rock Core Income, as services provider, seller and risk retention provider, and Core Income Funding I, as borrower, in a USD300 million asset-backed credit facility.
Notable practitioners
Macey Levington is especially highlighted for his ability to advise global banks and alternative investors on CLOs. "Macey is extremely helpful and pays great attention to detail." "He is a very talented attorney."
Charles Sterling is an up-and-coming counsel in the Washington DC office. He regularly represents underwriters on collateralized loan obligation transactions. "Beau is a phenomenal attorney." "He is a smart and constructive lawyer who zealously represents his clients."
