Milbank Tweed Hadley & McCloy has strengthened its City leveraged finance practice with the hire of Neil Caddy from Mayer Brown.

Caddy will join the US firm’s London arm later this month as a partner after around two and a half years with Mayer Brown. He joined Mayer Brown as a partner in early 2010 from Allen & Overy and in 2006 spent a seven month secondment with the financial sponsors group at JPMorgan, which remains one of his clients.