Simpson Thacher & Bartlett LLP announced today that Alexandra Kaplan and Brian Steinhardt have been appointed as Co-Heads of the Firm’s Banking and Credit Practice. Alexandra and Brian succeed Patrick Ryan, who has served as Head of the Banking and Credit Practice since 2009.
“Alexandra and Brian are both brilliant, commercial lawyers and strong leaders. They will be invaluable assets to clients and colleagues in their new roles,” said Alden Millard, Chair of the Firm’s Executive Committee. “Simpson Thacher’s Banking and Credit Practice is widely recognized as being among the world’s best in addressing clients’ multifaceted financing needs. Patrick has played an important role in the growth and success of the Banking and Credit Practice throughout his tenure, and he will continue as a valued member of the team. We thank him for his many contributions to the Firm.”
Alexandra represents investment and commercial banks, private credit funds and other financial institutions in connection with a wide variety of syndicated and direct lending transactions across multiple industries. Her practice focuses on complex corporate financings, including leveraged and investment grade facilities, acquisition finance, asset-based lending, bridge facilities, restructuring transactions and DIP and exit financings. She currently sits on the Firm’s New Partner Committee and has previously served as Co-Chair of its Finance Committee and on its Personnel and Recruiting Committees. Alexandra received her J.D. in 2002 from Columbia Law School and her B.A. in 1997 from the University of Pennsylvania.
Brian regularly represents leading private equity and infrastructure sponsors and their portfolio companies in connection with a broad range of corporate finance transactions, including bank and bridge loan financings. He also advises other corporate borrowers on a range of corporate finance transactions, including other leveraged and investment grade syndicated bank financings. Brian currently serves on Simpson Thacher’s Opinion Committee and has previously served on the Firm’s Compensation Committee and its Business Development Committee. He received his J.D., cum laude, from the University of Michigan Law School in 1998 and his B.A., with great distinction, from McGill University in 1994.
“Simpson Thacher repeatedly ranks among the top firms advising on banking and credit transactions because of our ability to provide clients with comprehensive, creative advice on their most sophisticated credit transactions,” said Alexandra. “Our market position ensures that we are able to provide value-add advice to clients across the capital structure. We look forward to leading this group of incredibly talented lawyers and continuing to collaborate with clients in our new roles,” continued Brian.
Clients rely on Simpson Thacher’s market-leading Banking and Credit Practice for advice on an array of complex credit transactions and financial instruments at all levels of the corporate capital structure. This includes alternative lending (including direct lending), acquisition finance (including bridge financing), leveraged finance, investment grade finance, fund finance and infrastructure finance. Through its work with arrangers, lenders and borrowers, Simpson Thacher has participated in the structural development and geographic expansion of the syndicated and private credit markets across all phases of the credit cycle. The integrated team of lawyers practicing around the globe provides comprehensive advice and serves the global debt platforms and needs of Simpson Thacher’s clients.
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