Doug’s focus is on complex event-driven finance transactions, particularly in the areas of leveraged and corporate acquisition finance, credit fund, special situation and fund related financings and the restructuring of complex debt arrangements. He has particular expertise in advising credit funds, private capital and private equity houses on leveraged buyouts and strategic credit transactions across Europe and Asia. Doug joins from DLA Piper where he has been a partner in London since 2017. Prior to that, he was a partner and co-founder of Kirkland & Ellis’ Asia debt finance practice based in Hong Kong for six years and has also worked in both the London and Asia leveraged finance team at Allen & Overy.
Helen Burton, Head of Clients, commented:
“We are excited to welcome Doug to Ashurst. The funds industry is an area of strategic priority for us and our first-rate team will be greatly enhanced by his arrival. Doug’s exceptional mix of finance and special situation skills across geographies is a perfect fit for us and will help drive our strategy in this field.
“The firm continues to see significant global business opportunities with funds and investors of private capital including infrastructure, real estate, private equity, credit and distressed funds. Further investing in such notable hires to our team will ensure we are able to continue to fully capitalise on these opportunities.”
James Marshall, APAC Head of Restructuring and Special Situations, added:
“We have known Doug a long time and have worked alongside him on many deals for mutual credit fund clients, so it’s great to have him onboard to continue to build out our credit fund offering.”
Doug Murning said:
“Ashurst’s market-leading strengths in finance and restructuring allied to a strong global presence across exceptional practice groups makes it the perfect platform for me, especially at the time when the firm is seeking to invest even further in the field of private debt. I’m delighted to be joining the team and look forward to capitalising on Ashurst’s outstanding global market reputation for the benefit of clients.”