Alston & Bird has added to its finance capabilities with the addition of Paul Hespel as partner in New York. Hespel joins from Pepper Hamilton LLP.
“Paul has built an impressive practice representing both lenders and borrowers across a spectrum of corporate finance markets,” said Matthew Wrysinski, co-chair of Alston & Bird’s Finance Practice. “In particular, his significant experience in the leveraged finance space will help drive our team’s future growth.”
During his more than 20 years of practice, Hespel has advised on numerous corporate debt financings – both domestic and cross-border – including leveraged acquisitions, syndicated credit facilities, mezzanine financings, private credit transactions, forbearance arrangements, and out-of-court restructurings.
Hespel’s experience also includes working with alternative capital sources, hedge and mezzanine funds, business development corporations, small business investment corporations and private debt funds, private equity sponsors and portfolio companies, corporate borrowers and issuers, and financial institutions.
“Paul is a highly skilled and well-regarded practitioner, and his addition to our team makes us an even stronger force in the market,” said Shanell Cramer, co-chair of Alston & Bird’s Finance Practice. “Paul’s experience not only adds a new dimension to our finance capabilities in New York, but also deepens our presence nationally in a market vital to our clients’ businesses.”
Hespel brings significant knowledge in a number of industries; notably, financial services (including asset management), REITs, health care, life sciences, technology, education, media, manufacturing, and telecommunications.
“Paul’s arrival continues our strategy of focusing on high-performing practices in markets where we see opportunity for adding top talent to further serve our clients,” said Jamie Hutchinson, partner in charge of Alston & Bird’s New York office. “In recent months, we have invested in a number of top-tier practices in New York, adding seven new partners in bankruptcy and financial restructuring, litigation, investment management, intellectual property, and now corporate finance.”
In addition to Hespel, other recent partner additions in New York are Paul Tanck, who joined the Intellectual Property Practice in April; Gerard Catalanello and James Vincequerra, who arrived in February as members in the firm’s Bankruptcy & Financial Restructuring Practice; Adam Kaiser and John Aerni, who joined the Litigation Practice in December; and Michael Saarinen, who joined the Investment Management, Trading & Markets Group in November.