Dechert Expands Capital Solutions Team with Hire of Two Special Situations Finance Partners
Event summary
- Leonard Klingbaum and Jennifer Harris joined Dechert as partners on June 29, 2026.
- Klingbaum will head the firm's new cross-disciplinary capital solutions team.
- Harris will be based in Los Angeles, strengthening Dechert's bi-coastal presence.
- The hires are part of over 45 lateral partner additions at Dechert this year.
The big picture
Dechert's expansion of its capital solutions team comes as the private credit market has grown into a complex, multi-trillion-dollar industry. The firm is positioning itself to advise asset managers and companies across the full spectrum of capital deployment strategies. With over 80% of Private Debt Investor's top 100 private credit firms as clients, Dechert is well-positioned to capitalize on the increasing demand for specialized financial services.
What we're watching
- Market Expansion
- How Dechert's bi-coastal strategy will impact its ability to compete with other top-tier law firms in the private credit space.
- Team Integration
- Whether Klingbaum and Harris can successfully integrate their client relationships into Dechert's existing platform.
- Industry Trends
- The pace at which the private credit market continues to grow and how Dechert positions itself to capitalize on this trend.