Trinity International is pleased to announce the launch of its Washington, D.C. office, which opens for business today.
Trinity’s D.C. office will focus on advising government agencies and multilateral institutions on global project finance transactions, as well as advising foreign governments on regulatory programmes and policy initiatives supported by those agencies and institutions and advising US-based sponsors on investments and transactions across emerging markets. It will work seamlessly with the firm’s London headquarters and Paris office.
Joining the firm to head up the D.C. office is Thomas L. Eldert, previously a partner at Mayer Brown and more recently at D.C. boutique firm Hills, Stern & Morley. Tom advises lenders, borrowers, contractors, political risk insurers and government entities on all aspects of project development and finance transactions. His sectoral experience covers power, pipelines, hotels, ports, other transport infrastructure, manufacturing and retail. Tom enjoys an excellent reputation in Washington, D.C. and has strong relationships with the agencies based there that are active in financing global projects, including the Overseas Private Investment Corporation, Export-Import Bank of the United States and the US Department of Energy. Tom holds a JD degree from Harvard Law School.
“Tom is highly regarded for handling international project finance deals in a wide range of emerging market jurisdictions, including across Latin America, Africa, South-East and Eastern Asia, Turkey and the Middle East.” says partner Kaushik Ray, who is co-ordinating the efforts for the launch. He continues: “Tom’s combination of skills, network and experience will hugely benefit our global client base. Tom joining Trinity gives us a firm footing in D.C., which remains one of the largest and most important centres for global project finance.” Senior partner Paul Biggs adds: “Given our existing breadth and depth of practice, we are hoping to capitalise on increased financing for infrastructure transactions made available by the US Government under the BUILD Act and under new and prioritised initiatives from the World Bank Group. Being in D.C. allows us to be close to the decision-makers at those agencies and institutions.”
Tom will be supported by associates and senior consultants based in the US and across the Trinity network. Further announcements about strategic hires into the D.C. office will be made soon. The firm now has a team of over 30 experienced project finance and corporate lawyers and support staff across its offices, offering round-the-clock advice and transactional support on its range of emerging markets transactions. Trinity aims to be the world’s leading independent law firm that focusses exclusively on emerging and frontier market transactions. With its innovative fee-structures, developmental focus and risk-sharing approach, Trinity has been a pioneer in delivering complex legal advice for highly structured, multi-jurisdictional transactions in some of the world’s most challenging markets.
Notes for Editors:
1. The terms “Trinity” and “Trinity International” mean the law firms Trinity International LLP registered in England & Wales, Trinity International SELARL, registered in Paris and Trinity International (US) PLLC, registered in the District of Columbia. Trinity International LLP was founded in 2006.
2. Trinity International is a niche projects, corporate, commercial and finance practice focusing on power, natural resources and infrastructure transactions in emerging markets. The firm is particularly well-known for its advice on transactions across the African continent. Trinity International advises developers and sponsors, financial institutions (particularly DFIs and MDBs), funds and private equity players and governments. When advising sponsors, Trinity International often adopts a risk-sharing approach to fees, setting it apart from traditional law firms. The firm provides a senior-led service by lawyers drawn from the most pre-eminent international UK, US and French law firms.
3. Trinity is an award-winning firm. Since 2012, it has advised on a “Deal of the Year” every year at the Project Finance International awards, as well as winning a slew of awards at the IJ Global Awards throughout the firm’s existence. It is a recent winner of Law Firm of the Year at The Lawyer Awards in its Boutique – City firm category and in 2017 was listed as the fastest-growing commercial law firm in Europe on the FT 1000 list of fastest-growing companies, in analysis conducted by the Financial Times.
4. Trinity and its partners and associates are recognised by Chambers & Partners, Legal 500 and IFLR 1000 for its emerging markets, finance and infrastructure and power work. According to Chambers and Partners 2018, Trinity International LLP is known for “stellar power and energy boutique garnering high praise for its focus… Strong capability in power and renewables, as well as oil and gas, infrastructure and mining.” Legal 500 describes Trinity International LLP as a firm that “provides high-quality advice and quick response times”. Trinity stands out as firm that “has a deep bench of ‘excellent specialists’ including leading light Simon Norris and project finance expert Patrick Leece”.
5. Paul Biggs, senior partner, is rated in the highest category (Band 1) by Chambers 2018. Paul is recognised as a “very pragmatic lawyer who gets deals over the line.” Paul Biggs is recognised by clients as “certainly at the top of the market” and one client remarks that he is “exceptionally knowledgeable about the power sector in Africa with a very pragmatic and commercial approach”. The Legal 500 lists Paul Biggs and Simon Norris as “Leading Lawyers” in the Legal 500 UK 2018 guide for London Finance. In addition, Kaushik Ray, partner, is recognised as “a financing expert with a real wealth of experience dealing with lenders; his understanding of their needs is invaluable”. Jennifer Gladstone is described as “a phenomenal lawyer and great project manager – smart, hardworking, prompt and always willing to go beyond the call of duty”. Project finance specialist Fiona Gulliford has “good knowledge of EPC contracts and the nuclear field”. Conrad Marais is “an excellent lawyer – his work ethic is unparalleled and he is a very creative problem solver”