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White & Case’s hiring spree in the City continues, with the US firm picking up Herbert Smith Freehills infrastructure finance partner Simon Caridia.
Caridia joins from HSF, where he has been a partner since May 2015. He is the 13th partner to join White & Case laterally in London in 2018.
Caridia focuses his practice on debt financings for infrastructure M&A and private equity transactions. He advises industry sponsors, infrastructure and private equity funds, commercial bank lenders, multilateral agencies, institutional investors and governments on brownfield transactions and greenfield projects, including acquisitions, refinancings, restructurings, project finance and public-private partnerships.
White & Case partner Art Scavone, who leads the firm’s global project finance practice said: “The infrastructure M&A and private equity market in Europe and globally is highly active, with very strong demand from financial investors for infrastructure assets, and Simon’s arrival adds further strength to the team in London advising financial sponsors and lenders on infrastructure financing and M&A.”
Partner Mark Castillo-Bernaus, regional section head for EMEA energy, infrastructure, project & asset finance said: “Simon’s arrival sends a clear signal that we are determined to continue expanding our role advising infrastructure clients across EMEA.”
White & Case has been steadily building its infrastructure, M&A and private equity capabilities after bringing Clifford Chance partner Caroline Sherrell on board in 2015. There is a trend among US firms hoping to grow in this sector, with Latham & Watkins hiring Brendan Moylan and Conrad Andersen from Clifford Chance and Allen & Overy respectively over the summer.
White & Case has been expanding steadily across multiple practice areas, most recently recruiting RBS’ litigation head Laura Durrant. The firm has also hired David Robertson from Bryan Cave Leighton Paisner and Steven Baker from Cadwalader Wickersham & Taft, as well as former Addleshaw Goddard litigation partner Chris Brennan. In January White & Case also hired former Weil Gotshal & Manges co-head of dispute resolution Hannah Field-Lowes.
The firm posted strong LLP accounts for the last financial year, with net profit in London shooting up nearly 40 per cent over 2017.
The post White & Case responds to Latham’s infra push with HSF hire appeared first on The Lawyer | Legal insight, benchmarking data and jobs.
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