Davis Polk Welcomes Sponsor Finance Partner Nick Caro

NEW YORK--(BUSINESS WIRE)--Davis Polk today announced that Nick Caro has joined the firm as a partner in the Sponsor Finance practice in New York.

“As we continue to grow our private equity practice, we have a need for additional bench strength to service our financial sponsor clients,” said Neil Barr, Davis Polk’s Managing Partner. “Nick is an outstanding lawyer with a valuable mix of private equity and corporate finance experience and has strong relationships with many prominent sponsors. I am pleased to welcome him to Davis Polk.”

Mr. Caro represents a wide range of clients, including private equity firms and their portfolio companies, public and private companies, family offices, private wealth funds, and other issuers and investors. His practice focuses on leveraged finance, including broadly syndicated facilities, private credit, PIK preferred equity and other private capital solutions; recurring revenue loans; venture capital and early-stage company debt facilities; and complex debt restructurings and liability management transactions. Prior to joining Davis Polk, Mr. Caro was a partner in the Private Equity and Debt Finance practices at Goodwin Procter.

“Nick is highly regarded by peers and clients for his deep substantive knowledge of the market, his commitment to client service and his constructiveness,” said J.W. Perry, head of Davis Polk’s Sponsor Finance practice. “Nick has a broad practice, focusing primarily on private equity, but with a strong foundation in both corporate and venture debt. He is an experienced addition to our team, and we are thrilled to welcome him.”

Mr. Caro said, “Davis Polk is a phenomenal firm with an exceptional group of finance lawyers that I am thrilled to now call my colleagues. I am honored to join the team and look forward to collaborating with my new colleagues as we guide clients on their most sophisticated financings.”

Mr. Caro received his B.A. from Loyola Marymount University in 2009 and his J.D. from Brooklyn Law School in 2012.

About Davis Polk.

Davis Polk & Wardwell LLP (including its associated entities) is an elite global law firm with world-class practices across the board. Clients know they can rely on us for their most challenging legal and business matters. From offices in the world’s key financial centers and political capitals, our more than 1,000 lawyers collaborate seamlessly to deliver exceptional service, sophisticated advice and creative, practical solutions. Visit davispolk.com.

About Davis Polk’s Sponsor Finance practice.

We are a go-to adviser to financial sponsors, who rely on the depth and breadth of our practice for the full range of their financing needs. Our dedicated sponsor finance team helps clients navigate the entire LBO life cycle, from investment to exit and every step in between. We are also well versed in fund-level facilities that help our clients maximize operational flexibility and investor returns. Our deep experience with complex capital structures, demanding timelines and a wide range of industries enables us to deliver exceptional results regardless of the circumstances. Financial sponsors count on our exemplary counsel across syndicated, direct, unitranche, bridge and asset-based loans, as well as club deals, structured products, and project, infrastructure, DIP and exit financings.