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DLA Piper hires Latham trio led by Jesse Sheff for capital solutions push

DLA Piper is hiring Latham & Watkins partner Jesse Sheff and counsel Seung-Ju Paik and Preeta Paragash to expand its capital solutions business as it pushes into private credit, Bloomberg Law reported October 12, 2026, citing people with knowledge of the matter. Sheff, who spent 16 years at Latham and has advised asset managers including Apollo and BlackRock, will lead the group.

Announcement (Bloomberg Law) → · Private Equity Wire

Key points

  • Sheff was a Latham partner and Paik and Paragash were counsel; Private Equity Wire, citing Bloomberg, said all three join DLA as partners.Bloomberg LawPrivate Equity Wire
  • DLA Piper launched its capital solutions practice in March 2026 under Ranesh Ramanathan, formerly head of Akin's special situations and private credit business.Private Equity Wire
  • The firm also recruited Alex Cushman and Daniel Wayte from Akin for that launch.Private Equity Wire
  • DLA Piper is expected to recruit several more teams before the end of 2026, according to the Bloomberg report.Private Equity Wire
  • Latham led lender-side advice on U.S. leveraged loans in 2025 by deal count and value, according to Bloomberg data.Private Equity Wire
DLA Piper LLP (US) · Latham · Latham & Watkins LLP · Akin Gump · Akin

Sources2 articles across 2 outlets

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People movesU.S.Financial servicesCorporateFor practitioners