McKee Nelson is showing no slowdown in its push into the ABS/MBS market, the firm says. In June, the company was counsel on 47 deals in the public and 144A markets, with a total value of roughly $22 billion.
Of the 47 deals, 31 of them were done out of McKee's New York branch office , which opened June 1 following the hire of New York Managing Partner Reed Auerbach and two other senior partners from Stroock Stroock & Lavan (see ASR 6/03). "June was an incredibly successful first month," Auerbach said. "It ought to show you a trend, in any event, of where we'll be going."