Cahill Adds Orrick Sponsor Finance Chief for Private Credit Play

Cahill Gordon & Reindel is bringing on Orrick Herrington & Sutcliffe partner Dan Amato as it continues to expand its private credit practice.

Amato was the head of Orrick’s sponsor finance practice. He’s joining Cahill in New York as a partner in its private credit group, the firm said Monday.

The firm is best known for its work in leveraged finance, where supply dropped to historic lows over the last two years. Private credit—an alternative to bank financing—surged to take its place, becoming a $1.7 trillion industry. It is also a key target for expansion for Cahill under its new ...