Norton Rose Fulbright’s global head of trade finance has transferred to New York from London.
Nick Grandage, who has been a partner in the firm since 2010, represents international banks and trading houses, such as BP, Louis Dreyfus, AIG and Citibank, on matters relating to the full spectrum of trade finance agreements.
His practice focuses on structured trade and commodity finance, advising on supply chain and receivables finance transactions, both on and off platform, and on receivables securitisations. His experience includes prepayment, borrowing base and intermediation transactions involving energy, metals and soft commodities as well as equipment and processed and semi-processed goods.
Speaking to GTR about the reason behind his move, Grandage says: “The business is becoming more and more international. London and New York remain the two key centres, but as the tech and trade finance worlds increasingly overlap we are seeing a significant increase in business from the US.”
Peter Martyr, Norton Rose Fulbright’s global chief executive, adds: “Nick’s experience will enhance our international offering in trade and commodity finance in New York. The US markets are key to our global banking and finance practice, and Nick’s move will further promote international collaboration.”
Nick will continue to work with the firm’s Emea-based and global clients.