Cadwalader Tops Global CLO Rankings for 2015

February 08, 2016

Cadwalader, Wickersham & Taft LLP, a leading counselor to global financial institutions and corporations, remains unchallenged as “Top Underwriter Counsel for U.S. CLOs” for 2015 in the Asset-Backed Alert rankings. Additionally, the firm was recognized with a #1 ranking on Creditflux’s list of European CLO Arranger’s Counsel, based on value and number of deals, and #2 rankings both for Global CLO Manager’s Counsel and for U.S. Arranger’s Counsel.

In 2015, Cadwalader’s capital markets lawyers, located in London, New York and Charlotte, closed 68 CLO transactions valued at over $30 billion, representing 90 percent of the global volume of CLO transactions. The firm’s Capital Markets Group is led by partners Stuart Goldstein and Michael Gambro.

“We are pleased to reaffirm our position as a top legal advisor in CLOs,” Gambro said. “This recognition acknowledges the depth and breadth of the experience of our global team. We are honored to have the opportunity to work with so many outstanding clients on a range of novel transactions and projects as the CLO markets in the US and Europe re-emerge.”

Cadwalader was recently honored by The Legal 500 with two key awards – 2015 US Structured Finance Team of the Year and 2015 UK Firm of the Year for Finance (Securitisation). The publication noted Cadwalader’s “longstanding reputation across the spectrum of structured financing including securitization (across all asset classes, but particularly CMBS and CLO), structured products and derivatives.” The Legal 500 also commended the firm’s development of “a number of novel products” and heralded Cadwalader’s structured finance practice as “one of the leaders in the industry” for both transactional and regulatory work.

“Across industries and markets, Cadwalader has built a reputation for providing strategic insight that is attuned to the business needs of our clients,” Goldstein said. “We are delighted to be recognized for our innovative approaches, commercial acumen and practical advice that helps our clients navigate a rapidly changing legal and regulatory landscape.”