Berkovich Boosts Proskauer's Global Finance Team with CLO Expertise

Advisor - People | Jul 22, 2025 | Proskauer Rose (UK) LLP

Proskauer, a prominent international law firm, has announced the appointment of Lawrence (Larry) Berkovich as a partner within its Structured Credit practice in New York. This strategic hiring underlines Proskauer's ongoing expansion of its Global Finance Group, enhancing its capabilities in the United States and Europe. Larry Berkovich, with over two decades of experience in collateralized loan obligations (CLOs), brings to the firm a depth of expertise that spans structuring, regulatory compliance, and complex derivatives related to CLOs. Proskauer's Global Finance Group, which already includes recent additions such as Alexandria de Padua, Frank Oliver, and Heather Viets in the US, along with multiple new partners in its London office, exemplifies its comprehensive service offering to arranging banks, asset managers, and investors across various finance products. Firm Chair Tim Mungovan and Global Finance Group Co-Head Justin Breen highlighted Berkovich's invaluable contribution to the firm's elevated finance transaction capabilities. Berkovich expressed enthusiasm for joining Proskauer's dynamic environment and contributing to the future growth of its global finance platform.

Sectors

  • Legal Services
  • Financial Services

Geography

  • United States – The hiring of Lawrence Berkovich as a partner in New York is crucial to Proskauer's US finance capabilities.
  • Europe – Proskauer is expanding its Global Finance Group capabilities across Europe, highlighted by new partnerships in their London office.

Industry

  • Legal Services – The article discusses Proskauer, a leading international law firm, and its expansion in the Global Finance Group.
  • Financial Services – Focuses on structured credit, CLOs, and related financial products where Proskauer provides expert legal services.

Financials

    Participants

    NameRoleTypeDescription
    ProskauerInternational Law FirmCompanyA leading law firm expanding its global finance capabilities, particularly in structured credit and CLOs.
    Lawrence (Larry) BerkovichPartner in Structured Credit PracticePersonNewly appointed partner at Proskauer with significant expertise in CLOs.
    Tim MungovanFirm Chair at ProskauerPersonChairperson of Proskauer, overseeing strategic growth initiatives.
    Justin BreenCo-head of Global Finance Group at ProskauerPersonCo-leader of Proskauer's Global Finance Group, managing finance capabilities expansion.