Megan Roberts Joins Paul Hastings to Strengthen Asset-Backed Finance
Advisor - People | Jul 22, 2025 | Paul Hastings
Paul Hastings LLP, a premier law firm in structured finance, has announced the appointment of Megan Roberts as a new partner in their Chicago office. Roberts, who joins from Sidley Austin LLP, brings a wealth of experience in asset-backed finance transactions across a variety of asset classes, including student loans, fintech, auto loans, and more. Her extensive client list aligns with Paul Hastings' roster, including significant financial institutions and asset managers such as Barclays, Blackstone, Carlyle, and KKR. Highlighted among her achievements is her role in the acquisition of a $10.1 billion portfolio of student loans and a $7.2 billion portfolio of RV loans. Paul Hastings is noted for its top-ranked CLO practice in the US and UK, and Roberts' addition is part of their strategic effort to expand market share. The firm has been recognized as the most active Global and US CLO Arranger Counsel. This hiring is part of a broader expansion plan with recent new hires in New York and London to strengthen its global asset-backed finance team.
Sectors
- Finance and Asset Management
- Legal Services
Geography
- United States – Megan Roberts is joining the Chicago office of Paul Hastings, and the article mentions various US-based activities and clients.
- United Kingdom – Paul Hastings has the number one CLO practice in the UK, indicating its involvement and presence in the UK market.
Industry
- Finance and Asset Management – The article discusses the asset-backed finance sector, focusing on structured finance, securitizations, and the acquisition of asset portfolios.
- Legal Services – Paul Hastings is a law firm, and the article highlights a new partner hire within their legal practice to bolster their asset-backed finance offerings.
Financials
- $10.1 billion – Portfolio of prime private student loans from Discover Bank that Carlyle and KKR acquired.
- $7.2 billion – Portfolio of super-prime recreational vehicle loans from BMO Bank National Association, purchased by KKR's credit funds.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Paul Hastings LLP | Employer | Company | A global law firm known for its leading structured finance offerings and market-leading CLO practice. |
| Megan Roberts | New Partner | Person | A specialist in asset-backed finance, joining Paul Hastings from Sidley Austin LLP to enhance their finance platform. |
| Sidley Austin LLP | Former Employer | Company | Megan Roberts' previous firm, known for its strong legal practice in finance and corporate law. |
| Barclays, Blackstone, Bracebridge, Carlyle, KKR | Clients | Companies | Major financial institutions and asset managers that are part of Megan Roberts' client base and Paul Hastings' portfolio. |
| Cadma Capital Partners, OneMain Finance Corporation | Clients | Companies | Additional clients of Megan Roberts mentioned in the article. |
| BMO Bank National Association | Vendor | Company | Involved in the transaction where Megan Roberts represented KKR in purchasing a $7.2 billion portfolio of RV loans. |