Law alumnus named one of the world's rising stars of securitisation
Swansea University alumnus Andrew Petersen (pictured below) has been named as one of US-based Institutional Investor News' 10 Rising Stars of Securitisation.
Institutional Investor News provides readers with exclusive, breaking news to decision makers in the global financial markets.
And its Rising Stars list identifies individuals from around the world who are poised to shape the securitisation market in the years to come, having demonstrated expertise, dedication and consistency in their careers, and indicating they will likely be the trendsetters of the future.
Mr Petersen, 38, originally from Sketty Park, Swansea, served in the Royal Air Force before joining Swansea University in 1993, as one of the School of Law's first cohort of degree students. He graduated from the LLB in Law in 1996 with a First class degree and was called to the Bar in 1997.
Having attained a Bachelor of Civil Law (BCL) degree at University of Oxford, he spent a short period at the Bar before joining an American law firm where he worked in the US advising on all aspects of securitisation, gaining unique crossover experience in the US and European secondary loan markets acting for high-yield investors.
He joined his current firm, Kirkpatrick & Lockhart Preston Gates Ellis LLP (K&L Gates), an international law firm, in March 2007 and is currently a Partner in their London office, specialising in bank financing and securitisation, representing loan originators, servicers, collateral managers, CMBS investors and rating agencies across the capital structure.
He conceived, edited and contributed to the first definitive book dedicated to European CMBS, Commercial Mortgage Backed Securities: Developments in the European Market, published by Sweet and Maxwell in 2006, and is currently working on a second industry book on Real Estate Finance to be published in November 2008 by LexisNexis Butterworths.
Mr Petersen has advised on more than 150 transactions with a combined value of more than £15.5 billion and worked on more than 25 transactions to acquire secondary debt throughout Europe in the past 15 months.
He also sits on the Commercial Mortgage Securities Association Board of Governors and the CMSA-Europe/European Securitisation Forum joint Task Force committee on the Market Abuse Directive.
Mr Petersen said: "The year I started at Swansea, 1993, was a seminal year for both me and the School of Law, and it has gone through tremendous transformation since then, under the admirable leadership of Professor Iwan Davies, who was one of my mentors.
"When I look at the Swansea University website and see the vast array of courses on offer now, I would hope that many students today still recognise Swansea Law School for what it surely must remain.
"That is a place where every lecturer finds time for the students – a place where although now big, feels like a small Law School – just as the lecturers did and the School felt when we started in 1993."
Congratulating Mr Petersen on his award, Professor Iwan Davies, Pro-Vice-Chancellor (Internationalisation and External Affairs) and former Head of the School of Law, said: "The School of Law is proud of Andrew's achievements. He was an outstanding student who has made a great success and developed a niche commercial law practice in a leading international law firm."
Mr Petersen will receive his award at the 4th Annual US Securitisation Awards on April 17, at The Ritz-Carlton in New York.
For more information about the School of Law at Swansea University, visit http://www.swan.ac.uk/law/.