Dechert LLP has announced the addition of Arina Lekhel and Megha Kalbag as partners in its New York office, a move that significantly bolsters the firm's private funds practice and financial services offerings. This development underscores Dechert's commitment to expanding its expertise in private funds, rated notes, and derivatives transactions, areas that are experiencing rapid growth and innovation.
David Forti, co-chair of Dechert, highlighted the importance of Lekhel and Kalbag's arrival, noting their extensive experience will be crucial in delivering innovative solutions to clients in the asset management sector. Chris Christian, co-chair of Dechert's financial services group, emphasized the enhanced service offerings their expertise brings, particularly in private credit and CLO equity products.
Arina Lekhel brings over 20 years of experience in asset-backed private funds, credit funds, and more, focusing on fund formation and compliance. Megha Kalbag specializes in securities and commodities regulation, including digital assets and derivatives, offering regulatory advice under key U.S. financial acts. Their addition follows the recent hiring of Joseph Dennis in London, further expanding Dechert's global financial services team.
Dechert's financial services and investment management team, one of the largest globally, continues to lead in investment funds, with a presence in key markets worldwide. The firm's strategic hires reflect its dedication to navigating the complexities of the financial sector and regulatory environments, ensuring clients receive top-tier legal and advisory services.
This news matters because it signals Dechert's strategic focus on high-growth areas like private credit and digital assets, which are increasingly important for asset managers navigating regulatory changes and market volatility. The addition of Lekhel and Kalbag positions Dechert to better serve clients in these complex fields, potentially influencing competition among law firms for top talent in New York's financial hub.
