A&O and Mayer Brown are advising the structuring banks – Citi, Bank of America and JP Morgan – on
A&O capital markets partner Geoff Fuller and securitisation partners David Krischer and John Skuter led the team out of
Meanwhile, Cleary is advising another group of banks that will provide the liquidity, with
Wachovia, Dresdner, Merrill Lynch and Lehman Brothers have all reportedly expressed an interest and the fund plans to tie in HSBC as well.
The superfund will buy assets from cash-strapped structured investment vehicles in order to prevent a fire sale of billions of dollars worth of shaky debt assets.