Arnold & Porter Kaye Scholer has recruited two new partners in its business and finance practice — a healthcare finance specialist and a debt finance expert — as the company prepares for a leap into transactional business in a number of key areas.
In Chicago, Christopher Anderson joins Am Law 100 from Jones Day, where he was for the past four years a partner in the firm’s health care and life sciences businesses.
Derek Stoldt, co-chair of the Arnold & Porter’s corporate and finance practice, said healthcare companies, especially in the physician arena, are a “booming zone ”for the company.
“We have a really pleasant practice representing big doctor groups, asd this at summer a big region for private equity, ”Stoldt said, adding that he expects private equity to continue to grow his interest in the industry.
Anderson works on both transactional and regulatory issues in healthcare, representing private equity funds, venture capitalists, strategic investors, lenders, as well as institutional healthcare providers. and professionals, telehealth / health technology companies and life science companies. He helps them plan, structure and execute transactions and other strategic business arrangements.
“Chris is a case of one plus one equals three in his ability to handle both the transactions and the regulatory aspects of a deal,” Stoldt said.
In London, Marc Isaacs joined Arnold & Porter from McGuireWoods, where he developed a practice in cross-border international finance in Europe and emerging markets.
Isaacs works on bilateral and syndicated loan transactions and focuses on sectors such as infrastructure finance, real estate finance, sports finance, as well as general secured loans.
Stoldt said cross-border transactions make up a large part of the company’s business operations and that a “huge” percentage of Arnold & Porter’s customer base is international.
“Having someone like Mark in London who is really comfortable working across borders and in multiple languages is a key asset for us,” he said.
Anderson and Isaacs are just the latest to join the growing practice. In August, the firm announced it had engaged Chris Willott, a leading New York lending and project finance lawyer at London-based Magic Circle firm Clifford Chance. In February, Alex Gendzier landed in New York from Jones Day.
In a statement, Anderson said that “with the ever-changing healthcare and medical technology industries,” he looks forward to working with the “exceptional” business and finance team at Arnold & Porter, as well as ‘with the firm’s regulatory attorneys, to provide’ ‘excellent strategic and transactional service to clients on cutting-edge healthcare transactions.
Issacs said in a statement he was eager to “strengthen the company’s debt financing and cross-border international financing offerings to strengthen its range of transactional, regulatory and litigation practices.”
Jones Day and McGuireWoods did not return requests for comment before publication.