Mayer Brown further strengthens private capital capabilities with appointments of Philip Butler and David Miles

Philip Butler, who was also Co-Head of London Corporate & Securities at Dechert, has more than three decades of experience structuring and negotiating a broad range of finance transactions, advising domestic and international clients on the implementation of complex debt structures. He regularly represents banks, corporates, funds, lenders, sponsors and syndicates on issues arising across an array of industries, including healthcare, life sciences, energy, manufacturing, financial services, leisure and information technology, and is regularly ranked as a leading practitioner.

David Miles represents lenders, borrowers, sponsors and corporates on a full range of domestic and cross-border corporate lending and leveraged finance transactions. He has over 25 years' experience assisting leading UK and international clients in connection with large-scale private equity backed buyouts, corporate M&A, refinancings and recapitalisations. He regularly advises lenders on all capital structure layers, including senior, second lien, unitranche, mezzanine and PIK and is well regarded for his involvement in the development of unitranche as a major funding source in the European leveraged finance market in recent years, and is consistently ranked as a leading banking and finance lawyer.

Alex Dell, global co-head of Mayer Brown’s Banking & Finance practice, said: “Both Phil and David are recognized leaders in their fields, with international experience that will bolster Mayer Brown’s global offering to clients. Their experience and profile in market aligns perfectly with the firm’s strategic plan to be at the forefront of Europe’s direct lending and private capital market. We have a growing reputation amongst funds and asset managers who recognize our commitment to and understanding of their needs, and Phil and David’s arrival takes us to the next level.”

Matt O’Meara, global head of leveraged finance and private capital, said: “Phil and David will be a great asset to our roster of financial services and private capital clients and will strengthen our relationships with international institutions, leveraging our cross-border strengths to provide premium advice in a growing private capital market.”

Dominic Griffiths, London Managing Partner, added: “We are doubling down on our already strong financial services and private capital business, deepening our bench-strength in London and ensuring alignment with our capabilities in the US and globally. We welcome Phil and David to our pre-eminent London practice which is front and centre of our strategic plans. Private capital is a significant growth area for Mayer Brown and the economy.”