King & Spalding hires private credit partners

King & Spalding, an international law firm, have appointed Fergus Wheeler and Mark Wesseldine as finance partners in the firm’s London office.

Both were previously partners at Ropes & Gray.

Wesseldine specialises in private credit financing and representing distressed debt funds, banks and other financial sponsors. His clients have included KKR, EQT, Apax Partners and Crescent Capital.

Wheeler primarily advises private credit funds and LPs, including sovereign wealth funds, investing in a range of capital structures. His clients have included Ardian, Bain Capital, KKR and JP Morgan.

Elsewhere in the legal market, Butler Snow, a US law firm, has appointed Kristin Konschnik as a tax partner to expands its London office. She advises on cross-border tax issues for private equity funds, hedge funds and corporations.

She joins from Withers’ London office, where she was a partner.