London-based Allen & Overy has named a long-time U.S. structured finance veteran as a partner to build out a global CLO practice inside the firm’s burgeoning New York finance practice.

Lawrence Berkovich will lead efforts to develop the U.S. side of its mature European collateralized loan obligation business. The shop plans to provide a role in guiding and structuring multi-national CLO transactions for both the U.K. and U.S. market.

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