Partners Joseph Gambino and Peter Williams join firm’s New York office with partner Elizabeth Walker

Alston & Bird has hired a team of three attorneys from Cadwalader Wickersham & Taft to strengthen its structured finance offering.

Partners Joseph Gambino and Peter Williams, and partner Elizabeth Walker, will join the firm in New York City where they will advise clients on transactional and regulatory issues related to Secured Loan Obligations (CLOs) and other structured and credit related products.

Shanell Cramer, partner and co-head of the company’s financial group, said, “Joe and Pete are stars of the CLO who have served as the first chairman for an A-list of Wall Street banks and other financial institutions. global.

Cramer reunites with Gambino and Williams after also having been a lawyer at Cadwalader before joining Alston & Bird in 2011.

She added that the pair are “exceptional lawyers whose talent and reputation reinforce the support we provide to our structured finance clients and further position us as a destination of choice for highly innovative and complex transactions.”

Gambino brings with him over two decades of experience in structured credit, including two stints at Cadwalader that ended a career in finance, including four years at Merrill Lynch, nearly two years at FSI Capital and six years at Stifel. Williams, meanwhile, spent just over 17 years at Cadwalader, having started his career as an equity trader at Fidelity Investments.

James Sullivan, partner in charge of Alston & Bird’s New York office, said: “Joe and Pete serve an elite group of leading national and global financial institutions which in many cases , are also our customers. Their arrival responds to a strong client need for sophisticated CLO expertise and reinforces our commitment to recruit the best talent to meet client demand not only in structured and warehouse finance, but also in related fields such as as corporate debt, commercial real estate loans, and other financial and transactional services. where we have leading practices in the market.

In August, Alston & Bird took on another Cadwalader partner in New York: Senior technology lawyer Vivian Maese.

Earlier this year, the firm also expanded its financial practice to London with the addition of partner James Fisher of Reed Smith in March, followed by partner Paul Morris of Norton Rose Fulbright in August. The firm opened its London office, focused on its financial practice, in September last year.

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