Today we announce the launch of our Sovereign Advisory Group expanding the firm’s longstanding representation of sovereign governments with an integrated financial, economic, legal and public policy advisory offering.
The new offering is anchored by the addition of Jill Dauchy, founder and CEO of Potomac Group, a boutique sovereign debt advisory firm in Washington DC. She joins as Senior Advisor, bringing over 25 years of experience advising governments on debt sustainability and restructuring, economic policy and strategies for stimulating growth.
With the International Monetary Fund estimating that global sovereign debt will exceed 100% of global GDP by 2029, the SPB Sovereign Advisory Group responds to intensifying global debt pressures and growing demand from governments for sophisticated, multidisciplinary advice that goes beyond traditional legal services.
Public Policy co-chair Robert Kapla said, “Governments today are navigating an unprecedented convergence of fiscal stress, geopolitical pressure and policy disruption. Sovereign clients increasingly need advisors who understand not only the law, but also the financial, economic and political realities shaping their decisions. The launch of our Sovereign Advisory Group reflects our commitment to meeting those needs with an integrated offering that fills a gap in the market.”
Squire Patton Boggs has advised more than 100 sovereign governments, sovereign wealth funds and state-owned enterprises. By combining the firm’s deep legal, policy and dispute resolution capabilities with Ms. Dauchy’s experience advising governments on sovereign debt management and financial resilience, the firm is uniquely positioned to engage earlier and more comprehensively with governments facing complex fiscal, financing and geopolitical challenges.
Stephen Lerner, global chair of the firm’s Restructuring & Insolvency Practice Group commented, “The drivers of the sovereign debt crisis are interconnected, and fragmented advice is no longer sufficient. By integrating financial and economic advisory expertise with our market-leading restructuring, disputes and transactional capabilities, we can support governments in developing durable, credible solutions that restore sustainability, preserve market access and protect long-term development objectives.”
Ms. Dauchy commented, “Sovereigns are fundamentally different from corporate clients, and they require advice that reflects the full complexity of the public sector. Squire Patton Boggs brings unmatched legal, policy and global reach, while Potomac Group contributes deep experience in sovereign finance and economic strategy. Together, we can deliver truly integrated solutions that help governments confront today’s debt and development challenges with confidence.”
Ms. Dauchy is widely recognized as a leading independent advisor to sovereign governments, having advised more than 20 countries across emerging, frontier and developed markets, as well as multilateral institutions, central banks and national investment authorities. Through Potomac Group, she has supported governments in managing complex balance sheets, negotiating with creditors and partners, and designing innovative financing strategies to support growth and resilience.
Ms. Dauchy will continue in her capacity as CEO of Potomac Group and work closely with lawyers and advisors across Squire Patton Boggs’ global platform to develop and grow the Sovereign Advisory Group, engage jointly with clients, and strengthen the firm’s credentials in sovereign finance and economic advisory mandates.
