Reed Smith has reinforced its financial industry group by welcoming Jeffrey Stern as a partner, the firm announced on Thursday. Stern, who transitioned from Winston & Strawn, is set to bring extensive expertise in structured finance to his new role.
Stern’s practice area encompasses asset-backed securities, collateralized loan obligations (CLOs), and an array of other complex financial instruments. His client portfolio includes financial institutions, corporations, and private equity firms. Moreover, Stern has notable experience in niche financial sectors such as litigation pre-settlement funding, consumer loan finance, equipment lease finance, music royalty finance, insurance-related asset financing, and specialty finance.
Reed Smith’s strategic move to integrate Stern into their financial industry group underlines its intent to broaden the scope of services and expertise provided to its clientele, particularly within the structured finance domain.