Gordon Mak and Stanimir Kostov joined Allen & Overy as partners in the firm’s U.S. leveraged finance practice, which is based in New York.

Mak and Kostov joined Allen & Overy from White & Case, where they worked in the firms’ debt finance and private credit and direct lending practices, respectively. The addition of Mak and Kostov follows the recent hiring of Jake Mincemoyer as head of U.S. leveraged finance at Allen & Overy. Mincemoyer worked with Mak and Kostov at White & Case before joining Allen & Overy in February.

Mak has 14 years of experience practicing law, representing lending institutions, private equity sponsors, private credit firms and corporate borrowers in a variety of domestic and cross-border financings, restructurings and work-out transactions.

Kostov has more than a decade of experience representing credit funds, alternative capital providers, banks, corporate borrowers and private equity sponsors in a variety of debt financing transactions.

“These hires are a continuation of our plan to deepen our bench of highly experienced and commercial leveraged finance lawyers in order to meet the growing demand for such service across the syndicated lending and private credit markets,” Mincemoyer said. “I look forward to continuing to grow our leveraged finance practice as A&O further expands its U.S. offering.”

“Our U.S. leveraged finance practice continues to rise as a top player in the industry, winning accolades in chambers, Legal 500 and North American Leveraged Loan league tables for the past several years as a result of our continued investments,” Tim House, U.S senior partner at Allen & Overy, said. “Gordon and Stan’s expertise and relationships will accelerate the momentum of our offering and enhance our ability to support clients globally.”

In May, Allen & Overy bolstered its London leveraged finance practice with the hiring of Annette Kurdian and Robert Burt from Linklaters. Kurdian and Burt each have more than 20 years of experience in the European leveraged finance market.