Akin Gump has appointed Michael Gustafson as a finance partner in the firm’s London office. Gustafson joins from Pricoa Private Capital – the private debt investment arm of Prudential Financial Inc – where he served as deputy chief legal officer, Europe, based in London.
Gustafson focuses on sophisticated debt finance work, including institutional private placement transactions, direct lending and financial restructurings.
Before moving to Pricoa in 2013, he was a partner in the London office of Bingham McCutchen LLP, working closely with the team that moved to Akin Gump in late 2014. Over the last six years, he has been involved in successfully closing over 100 substantial finance matters, including private placement, direct lending and restructuring matters, as well as a broader range of middle-market credit, risk capital and “one-stop” senior/mezzanine finance transactions.
At Akin Gump, Gustafson will continue to focus on a range of debt finance transactions for institutional lenders. His arrival reunites him with his former Bingham colleagues – including London debt finance partner Tom O’Connor, who separately joined the firm with three other US partners in October 2018 – and will enhance the firm’s existing strong capabilities advising institutional private placement investors.
“Mike’s market knowledge of, and experience with, high-end finance work is a perfect fit for our London practice,” says Akin Gump chairperson Kim Koopersmith. “He adds real depth, as he not only knows the team, the clients and the market, but he has a huge amount of experience with this type of work.”
Barry Russell, Akin Gump financial restructuring partner in London, adds: “We are delighted that Mike is back with us again, rejoining former colleagues who represent the institutional investor market in all aspects of their investments and in relation to financings and restructurings worldwide.”
Gustafson addaddsed: “I am excited to rejoin the group at Akin Gump. Together we have done some highly innovative and very interesting work over the years, and now we can come together again to continue to build out Akin Gump’s successful and growing finance practice in London.”
Qualified in New York and California, Gustafson received his LLB from the University of British Columbia in 2003.