Fried, Frank, Harris, Shriver & Jacobson LLP announced that Duncan K. R. McKay has joined the firm as a partner in the Corporate Department and Finance Practice, resident in the firm’s New York office. McKay joins from Kirkland & Ellis LLP, where he was a partner in its debt finance practice.
At Fried Frank, McKay will focus on the representation of financial sponsors in connection with a wide range of complex and bespoke financing transactions related to their private equity, secondaries, real estate, infrastructure, private debt and other investment funds.
“Duncan’s fund finance experience will greatly enhance the services our finance group provides to our extensive list of asset management clients,” said David J. Greenwald, chairman of Fried Frank. “He will be an excellent addition to our very active and continuously growing practice and I am excited to welcome him to the firm.”
“In the past few years, the use of subscription lines, asset-based and NAV facilities, and GP securitization and other private placement transactions have become increasingly common across the global funds industry,” added J. Christian Nahr, head of the firm’s global Leveraged Finance Practice. “Duncan will further enhance our capability to advise our clients’ growing needs in this area.”
McKay received his LLB, with first class honors, from the University of Technology Sydney, and his Bachelor of Commerce and Diploma of Language from the University of Sydney.
“I am delighted to join Fried Frank’s Finance Practice at a watershed moment in the development of the fund finance market,” said McKay. “Over the years, working alongside Fried Frank on numerous transactions, I have been consistently impressed by the team, their commitment to excellence and the firm’s vision for this important and rapidly growing practice area. I look forward to working closely with my partners and colleagues and playing a part in the continued success of our clients’ businesses and the growth and success of our practice in the years to come.”
Fried Frank’s preeminent fund financing practice advises on the full spectrum of products in the current marketplace, including subscription, asset and hybrid facilities for virtually every type of fund structure and across all asset classes, including private equity, mezzanine, real estate, infrastructure, special opportunities and fund-of-hedge funds.
Fried, Frank, Harris, Shriver & Jacobson LLP advises the world’s leading corporations, investment funds and financial institutions on their most critical legal needs and business opportunities. The firm’s more than 650 lawyers are based in North America, the UK and Europe.