DLA Piper has expanded its New York finance bench with the addition of partner Cary Nadelman, strengthening the firm’s Structured Finance subgroup as demand for securitization and CLO execution continues to rise.
Nadelman focuses on securitizations of both traditional and non-traditional assets, with a particular emphasis on advising arrangers and asset managers across the lifecycle of broadly syndicated and middle-market collateralized loan obligation (CLO) transactions. DLA Piper said he brings more than two decades of experience across adjacent structured products, including commercial mortgage-backed securities (CMBS), marketplace loan securitizations, asset-backed commercial paper (ABCP) conduits, and collateralized debt obligations (CDOs).
The hire is positioned as part of DLA Piper’s broader push to deepen its financing capabilities for clients operating across markets and products. The firm advises a wide range of participants in capital markets and structured transactions, including issuers, underwriters, sponsors, arrangers, lead managers, originators, trustees, dealers, depositaries and selling shareholders, across equity, equity-linked and debt offerings as well as structured, project and cross-border financings.
Richard Reilly, co-head of DLA Piper’s Structured Finance practice, pointed to the growth trajectory in CLO issuance as a key driver for the addition, saying the market’s momentum is expected to accelerate into 2026 and that Nadelman’s experience will help clients navigate increasingly complex structures.
KEY QUOTE:
“CLO issuance has seen enormous growth over the last few years and that momentum is expected to accelerate in 2026. Cary’s depth of experience will be an advantage to clients navigating increasingly sophisticated structures.”
Richard Reilly, Co-Head, Structured Finance Practice, DLA Piper

