Allen & Overy gains partner in Madrid
Allen & Overy has hired Juan Hormaechea as a partner in Madrid. He joins the firm's banking and finance practice from Ashurst, where he was partner. Prior to his 12 years at Ashurst, Hormaechea was vice president at JP Morgan Chase, and counsel at Santander Investment and Natwest Markets.
Hormaechea will focus on capital markets, structured finance and derivatives in his new role. He specialises in these areas as well as acquisitions, equity and corporate debt.
The firm noted that Hormaechea's expertise enhances their offering in areas that are growing in demand due to regulatory changes as well as the number of investors in Spain.