Mayer Brown Adds Partner and Senior Counsel in London to Expand Cross-Border Private Placements Practice
Mayer Brown has hired Scott Ashton as partner and Brian Bates as senior counsel in its capital markets practice in London. Both focus on cross-border securities offerings, representing issuers and placement agents in transactions including private placements and other debt and equity offerings. They specialise in advising non-US entities on cross-border private placements to US and other large financial institutions and pension funds. Ashton and Bates have played central roles in developing the cross-border private placement industry's standard documentation, including Loan Market Association private placement documentation.
Why this matters
The hire signals continued transatlantic demand for cross-border private placement expertise at a moment when institutional investors are seeking alternatives to volatile public markets. London remains a critical structuring hub for non-US issuers accessing US capital, and adding industry standard-setters deepens Mayer Brown's positioning in that lane.
On the Ground
The legal work activated centres on securities regulation, documentation and issuer-side advice on Regulation D and other US private placement exemptions. Trainees in this seat would assist on due diligence, prepare disclosure schedules and review LMA-standard placement documentation under supervision. Client demand is driven by pension funds and large financial institutions seeking yield outside listed markets.
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“Why would a non-US issuer choose a London-based team for a US private placement, and what legal complexities does that involve?”
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