London - Global law firm Mayer Brown announced today that Ashley McDermott has joined the firm's Banking & Finance practice in London as a partner. He will advise on a range of lending transactions, particularly those involving emerging markets.
"Ashley is a great fit for our practice, and he arrives at a time when we are focused on expanding our emerging markets financing capabilities, an area of increasing strategic importance to our clients," said Dominic Griffiths, partner and co-head of the global Banking & Finance practice at Mayer Brown.
Ashley’s practice is focused on export, trade and multilateral financing, especially in the commodity, energy and infrastructure sectors. He advises banks and borrowers on a variety of structured trade finance work, including borrowing base, prepayment and pre-export financings. In addition, he has significant experience in export and agency finance and has a particular interest in financings for sovereigns, state-owned enterprises and parastatals.
Alex Dell, head of Mayer Brown's Banking & Finance practice in London, said: "We are delighted to have Ashley join our firm. He has impressive emerging markets finance credentials, which complements our existing capabilities and strengthens our strategic focus on the world's leading financial institutions."
Ashley was formerly at Clifford Chance, spending most of his career in London and Hong Kong.
Commenting on his appointment, Ashley said: "Mayer Brown's finance practice has an excellent reputation. I expect the demand for loans to growth markets to continue, particularly in the commodity, energy, infrastructure and power sectors. I am optimistic about the future in this space and excited to join a firm that shares this optimism. I look forward to working with my new colleagues and know that Mayer Brown will be a great platform for my clients and my practice."