King & Spalding announced that fund finance partners Andrew Bettwy and Jinyoung “Jin” Joo have joined the firm’s Finance and Restructuring practice group in New York, further strengthening its global fund finance capabilities.
Bettwy and Joo bring extensive experience advising financial institutions, private equity sponsors, private credit funds, and portfolio companies on a variety of financing structures. Their expertise includes asset-based lending, NAV and portfolio-level facilities, GP stake financings, and other complex financing solutions.
The appointments represent the latest step in King & Spalding’s strategic expansion of its fund finance platform. In 2024, the firm added a Chambers-ranked Band 1 fund finance team in London led by partner Samantha Hutchinson, establishing a stronger presence in the European market. Earlier this year, the firm expanded its U.S. capabilities with the addition of partner Chris Montgomery in New York.
Bettwy and Joo joined King & Spalding from Proskauer Rose LLP, where Bettwy served as co-head of Global Finance and the Corporate & Fund Finance practice group and previously held the role of co-chair of the Corporate department. Joo has advised borrowers, lenders, and private investment funds on fund finance, acquisition financings, and restructurings.
King & Spalding’s Finance and Restructuring practice group comprises more than 150 lawyers across 11 offices worldwide. The group advises all of the top 10 U.S. banks, many of the world’s largest financial institutions, private credit funds managed by major global asset managers, leading private equity firms, and corporate borrowers.
The firm has approximately 1,300 lawyers across 26 offices spanning the United States, Europe, the Middle East, and Asia Pacific.
KEY QUOTES:
“This is a practice we have been building deliberately and strategically, and Andy and Jin are a critical part of that effort. The fund finance market is over $1 trillion and expected to more than double in the next five years. This market is evolving rapidly, with significant growth in NAV lending, portfolio-level facilities and other sophisticated products beyond traditional subscription lines. Andy and Jin are recognized leaders in precisely these areas, and their arrival cements our commitment to this asset class. We will continue to invest in and grow this platform, including outside Europe and the U.S.”
Todd Holleman, Co-Leader of the Finance and Restructuring Practice Group, King & Spalding
“Andy and Jin’s arrival is a gamechanger for what we can offer clients on a global basis. Since joining King & Spalding in 2024, we have seen firsthand the firm’s commitment to building a world-class fund finance platform. Adding Andy and Jin in New York further strengthens our ability to provide clients with seamless, full-spectrum coverage across the U.S. and Europe – and we are just getting started.”
Samantha Hutchinson, Partner and Leader of European Fund Finance Practice, King & Spalding
“After seeing what King & Spalding has built in fund finance over the past two years, we knew this was where we wanted to be. The platform here – spanning private credit, private equity, structured finance and a top-ranked London fund finance team – is unmatched, and client demand for the sophisticated, flexible financing solutions we provide has never been greater. We see tremendous opportunity ahead and are excited to be part of what this firm is building.”
Andrew Bettwy, Partner, King & Spalding
