Leonard Klingbaum and Andrea Hwang have joined Ropes & Gray’s Finance Practice as partners in the firm’s New York office.

Klingbaum and Hwang will expand Ropes & Gray’s market-leading global finance practice, which represents many of the most sophisticated private investment firms, direct lenders, financial institutions, and private and public companies.

“Leonard and Andrea add additional strength to Ropes & Gray’s market-leading finance offering to private equity firms, direct lending platforms, and alternative asset managers, especially those engaged in the most innovative financings and deals that require deep market knowledge as well as creativity,” said managing partner-elect David Djaha.

Klingbaum is an accomplished leveraged finance attorney with more than 20 years of experience representing lenders and borrowers in a variety of bespoke lending transactions, including stressed and distressed financing transactions, in addition to companies involved in Chapter 11 proceedings and restructurings. Klingbaum has handled a wide range of sophisticated financing matters including specialty lending matters, DIP financings, distressed lending, work-outs, and restructurings. His current client roster includes direct lenders and hedge funds, specialty lending and special situations firms, and public and private companies.

Hwang brings more than 10 years of experience to Ropes & Gray representing private equity sponsors, private credit funds, and public and private companies in a wide array of transactions, including acquisition financings, recapitalizations and refinancings.