Key Takeaways
- • Dechert LLP appointed Andy Sagor as a partner in its global finance practice based in New York, strengthening the firm's leveraged finance and private equity capabilities.
- • Sagor brings deep sponsor-side expertise in U.S. and international leveraged acquisition financing, debt restructuring, and liability management transactions across healthcare, industrials, financial services, energy, technology, media, and hospitality sectors.
- • This hire represents part of Dechert's broader 2026 strategy, with Sagor among more than 45 lateral partners the firm has welcomed this year, signaling aggressive capacity building in finance and M&A platforms.
- • The addition directly addresses client demand at the intersection of leveraged finance, private equity, and mergers and acquisitions, with particular emphasis on large-cap and middle-market transaction execution.
Summary
Dechert LLP announced on June 3, 2026, that Andy Sagor has joined the firm as a partner in its global finance practice, headquartered in the New York office. The move represents a strategic expansion of Dechert's leveraged finance and private equity capabilities, positioning the firm to deepen client relationships within sponsor-backed transaction environments.
Sagor brings a specialized transactional practice focused on private equity fund sponsors and their portfolio companies. His background encompasses U.S. and international leveraged acquisition financings, complex debt restructuring, and liability management transactions. Throughout his career, he has led large-cap and middle-market financing transactions across diverse industries, including healthcare, industrials and manufacturing, financial services, energy, transportation, technology, media and telecommunications, and hospitality. His experience extends to both in-court and out-of-court restructurings, adding depth to Dechert's broader restructuring and finance platform.
Mark Thierfelder, co-chair of Dechert, characterized Sagor's appointment as strengthening the firm's capabilities "at the intersection of leveraged finance, private equity and M&A," while Jay Alicandri, co-chair of the corporate and securities practice group, emphasized that Sagor's sponsor-side focus and existing client relationships create "immediate asset" value to the group. The hire reflects complementarity with Dechert's existing strengths rather than duplication.
This partnership addition is part of a broader recruitment initiative at Dechert. The firm has welcomed more than 45 lateral partners in 2026 to date, underscoring a deliberate strategy to expand capabilities across its finance and M&A platforms. The timing and focus on leveraged finance align with continued institutional appetite for specialized sponsor counsel in an active private equity market.
Sagor brings a specialized transactional practice focused on private equity fund sponsors and their portfolio companies. His background encompasses U.S. and international leveraged acquisition financings, complex debt restructuring, and liability management transactions. Throughout his career, he has led large-cap and middle-market financing transactions across diverse industries, including healthcare, industrials and manufacturing, financial services, energy, transportation, technology, media and telecommunications, and hospitality. His experience extends to both in-court and out-of-court restructurings, adding depth to Dechert's broader restructuring and finance platform.
Mark Thierfelder, co-chair of Dechert, characterized Sagor's appointment as strengthening the firm's capabilities "at the intersection of leveraged finance, private equity and M&A," while Jay Alicandri, co-chair of the corporate and securities practice group, emphasized that Sagor's sponsor-side focus and existing client relationships create "immediate asset" value to the group. The hire reflects complementarity with Dechert's existing strengths rather than duplication.
This partnership addition is part of a broader recruitment initiative at Dechert. The firm has welcomed more than 45 lateral partners in 2026 to date, underscoring a deliberate strategy to expand capabilities across its finance and M&A platforms. The timing and focus on leveraged finance align with continued institutional appetite for specialized sponsor counsel in an active private equity market.
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