The direct lending team at King & Spalding has a strong track record in a diverse array of domestic and cross-border debt facility structures. The New York office is jointly managed by its senior partners, which includes Carolyn Alford, who transitioned from the Atlanta practice and offers expertise in unitranche, mezzanine, first and second lien facilities; Todd Holleman, who counts various private equity funds and direct lenders among his clients; and Marisa Sotomayor, a port of call for cash flow and asset-based facilities. Amy Peters heads the Chicago office, and is sought after by clients for her experience in recapitalizations, restructurings and various debt financing instruments. Kim Prior, Eric Wise and Matthew Kelsey all joined the team as partners in 2025, while Andrew Bettwy joined from Proskauer Rose LLP in June 2026.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'The expertise for the value is unmatched across the industry. The team is deeply committed to providing quality advice throughout the financing process and is loyal to its clients.'
- 'The team takes the time to unpack complicated issues in a clear and concise manner in order to make sound and informed decisions during transaction negotiations. The team is not beholden to sponsor designation work, so I know without a doubt that I am getting the best advice and commitment.'
- 'Carolyn Alford is unmatched and my number one choice on all financing-related transaction work. She is extremely thoughtful, knowledgeable, and a strong advocate for her clients. She has the innate ability to distill complicated issues into clear language in order to make informed decisions.'
Key clients
- Antares Capital
- Blackstone Credit
- Cerberus
- Churchill Asset Management
- Crescent Capital Group LP
- Fortress Credit Co.
- Goldman Sachs
- Golub Capital
- Jefferies
- KKR Credit Advisors
- Morgan Stanley & Co.
- Monroe Capital Management Advisors, LLC
Work highlights
Represented Goldman Sachs Bank USA, as structuring agent and one of the Goldman Sachs private credit funds – Goldman Hybrid Capital – as a lender (also with TPG Angelo Gordon), in a $1 billion asset-backed term loan facility provided to Cablevision Funding LLC, which, together with Cablevision SPE Guarantor LLC, as holdings, are known as Altice.
Lawyers
Leading Individuals
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Carolyn Alford; Todd Holleman; Amy Peters; Marisa Sotomayor
Other key lawyers
Kim Prior; Eric Wise; Matthew Kelsey; Andrew Bettwys