Allen & Overy has enhanced its London high-yield team with the hire of Jake Keaveny from Cahill Gordon & Reindel. He will move across from New York to join the London team led by Kevin Muzilla.

Keaveny focuses on leveraged finance, term loan B facilities and high yield bonds.

The hire means that Allen & Overy will now have three high yield partners in London in the form of Keaveny, Muzilla and Jeanette Cruz.

Stephen Kensell, co-head of Allen & Overy’s global banking team said: "The ability to advise clients across the full range of leveraged finance bond and loan products under English and New York law is increasingly important to our clients and with Jake joining us our London based leveraged finance team covers all these bases.”