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Schulte Roth & Zabel LLP

Work +1 212 756 2000
Fax +1 212 593 5955
London, New York, Washington DC

Craig Stein

Work +1 212.756.2390
Schulte Roth & Zabel LLP

Work Department

Structured Finance & Derivatives, Regulatory & Compliance, Trading Agreements


Craig Stein is co-head of the Structured Finance & Derivatives Group. His practice focuses on structured finance and asset-backed transactions and swaps and other derivative products, including credit- and fund-linked derivatives, prime brokerage and customer trading agreements. He represents issuers, underwriters, collateral managers and portfolio purchasers in public and private structured financings, including collateralized loan obligations (CLOs). Craig has been recognized in this area by the prestigious legal directory Chambers USA: America’s Leading Lawyers for Business, which noted that satisfied clients praised him for his “very broad knowledge of the markets” and for being “incredibly responsive and helpful in thinking through issues” and “very thoughtful about the market.” Chambers also stated: “He is known for his work in derivative products, representing issuers, underwriters and portfolio purchasers in CLOs. Peers find his work in structured products and derivatives impressive.” 

The Legal 500 US has noted that Craig is “recognized for his thought leadership on regulatory issues affecting both the securitization and derivatives markets.” He is a much sought-after speaker for hedge fund industry conferences and webinars and the author of numerous articles on advanced financial products. He authored “U.S. CLOs: Past and Present” in The Journal of Structured Finance and co-authored “Current Issues in the CLO Market: As of February 2017” for The International Comparative Legal Guide to: Securitisation 2017.


American Bar Association; International Swaps and Derivatives Association; Loan Syndications and Trading Association; New York City Bar Association; New York State Bar Association; Structured Finance Industry Group.


University of Pennsylvania Law School, J.D., cum laude; Colgate University, B.A., cum laude.

United States: Finance

Structured finance: securitization

Within: Structured finance: securitization

Schulte Roth & Zabel LLP’s structured finance department is ‘second-to-none in the areas in which it specializes’, and is noted for its ability to balance ‘heavy partner involvement with cost-efficiency’. The team has been involved in a number of unique ABS transactions, and stands out for its formidable CLO practice. Between 2016 and 2017, Paul Watterson and Phillip Azzollini assisted PGIM with over $4.5bn of CLO offerings. Daniel Oshinsky has handled numerous CLO transactions for Cerberus Capital Management and Fortress Investment Group and Craig Stein is another primary contact in the CLO team. In the ABS space, Boris Ziser assisted various issuer clients with some traditional and highly esoteric 144A transactions. The department’s expertise also covers regulatory matters.

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