Carlston takes over as the head of Pillsbury’s leveraged finance team. According to a firm press release, the total number of attorneys joining from Nixon Peabody is still being finalized, but as of now the team includes five partners plus other senior lawyers and associates. The attorneys join as members of Pillsbury’s firmwide finance practice, and Pillsbury’s firmwide corporate & securities practice.
Pillsbury chairman Jim Rishwain praised the move in a press release.
“Pillsbury has long been recognized as a world leader in the financial services industry,” said Pillsbury Firm Chair Jim Rishwain. “The addition of this significant team allows Pillsbury to round out and deepen our full range of offerings in the finance, private equity and public finance sectors.”
Carlston has more than 20 years of experience in leveraged finance and general banking. During his time at Nixon Peabody he helped grow the firm’s global finance practice group to more than 50 attorneys.
Carlston is joined at Pillsbury by Bart Pisella, who will now lead the firm’s corporate trust team; Doug Schneller, who will lead Pillsbury’s distressed investing team; Finance lawyer Peter Alfano; James Kelly, who will lead Pillsbury’s leveraged buyout team in the corporate and securities practice; Gregory M. Weston, who takes over the firm’s municipal finance specialty team; and William Egler, who will lead Pillsbury’s asset-backed finance team.