Law firm Dechert added Eliot L. Relles as a partner in its corporate and securities practice group, further enhancing the firm’s capabilities in leveraged finance and private credit. Relles will be based in the firm’s New York office.
Relles, who previously served as the co-head of a New York-based law firm’s finance group, has more than 25 years of experience representing mainly middle-market focused financing sources, including non-bank private lenders, in a range of complex financial transactions. His areas of expertise include acquisition financing, leveraged lending, structured financial arrangements, asset-based lending, work-outs, restructurings and debtor-in-possession loans.
“Eliot’s arrival marks a major milestone in the expansion of our firm’s offerings across all aspects of global finance. His contribution not only enhances our alternative asset management and private credit expertise but catalyzes the ongoing expansion of the firm at large,” Mark Thierfelder, co-chair of Dechert, said. “Eliot’s addition is a clear testament to our strategic growth in this area, cementing Dechert as a one-stop-shop for asset managers and the bespoke legal solutions they require.”
“We are delighted to welcome Eliot to the firm. His lender-side private credit work aligns perfectly with our vision to bolster our leveraged finance capabilities. His vast experience and unique skill set will undoubtedly bring a fresh perspective to our team,” Jay Alicandri, co-chair of Dechert’s corporate and securities practice, said.
“I couldn’t be more confident in the synergies between my expertise and Dechert’s robust global finance platform,” Relles said. “I am excited to be part of a firm with such a results-oriented and collaborative culture.”
This move follows Dechert’s addition of Cynthia Beyea, a financial services lawyer who recently joined the firm as partner in its office in Washington, D.C.
