Law firm Dentons has expanded its presence in the European CLO market with the appointment of Martin Sharkey as partner.
Sharkey joins the firm after spending 13 years at Clifford Chance. He specialises in advising on variety of asset-backed security products, portfolio sales and structured finance transactions and his clients range from banks, investment firms, asset managers, private equity firms and insurance companies.
Dentons’ CLO practice falls under the firm’s banking and finance practice, which is led by Paul Holland. On Sharkey’s appointment, he said that the latest move is to take advantage of the developing CLO market, which has “grown steadily over the last few years”.
“Following the establishment and growth of our structured finance practice, it was a natural progression for us to move into the CLO market and I am delighted that we have managed to secure someone of Sharkey’s calibre and experience who has a strong reputation in the CLO market,” he added.
Sharkey said: “The firm has established a highly credible European securitisation and structured products offering in London. I am looking forward to being a part of the team.”
Sharkey’s appointment follows a number of moves across alternative financing practices in London. Last month, PDI reported that Proskauer had appointed Ben Davis from law firm Reed Smith as the firm looked to take advantage of the increasing opportunities in the private debt market following the UK’s vote to leave the European Union. Recently, Paul Hastings bolstered its structured finance practice with the appointment of three partners from Ashurst.