· DLA Piper has significantly bolstered its private equity practice with the addition of four lawyers from rival firm Dewey & LeBoeuf. From DLA Piper’s New York office John Altorelli, Alexander Fraser, Patrick Costello and Gerald Francese will provide private equity clients counsel on M&A transactions, securities law and investment advisor regulation.
· Harneys has made its own round of hires by pulling talent from peer offshore law firms. Joining the firm’s Cayman Islands office is investment funds lawyer Patrick Colegrave and financial services lawyer Louise Groom formerly of Walkers, funds lawyer Timothy Bridges formerly of Ogier, and funds lawyer Sean Scott formerly of Maples and Calder.
· Meanwhile a 10-strong investment funds team from Walkers has defected to fellow offshore law firm Maples and Calder. The recruits include seven partners: Julian Ashworth, Heidi De Vries, Sheryl Dean, David Marshall, Philip Millward, Gwyneth Rees and Tim Clipstone. “This move by Maples did not take us by surprise and was something we have been fully prepared for,” said Diarmad Murray, Walkers’ global managing partner. In a statement Walkers said a small number of its salaried partners “disagreed with the strategic direction that the firm has taken and have made the decision to leave”.
· Dechert has opened an office in Kazakhstan. Spearheading the office will be Kenneth Mack, an energy specialist who joins Dechert from Chadbourne & Parke’s Almaty office. Joining him will be ten of his colleagues from Chadbourne, who collectively carry experience in corporate law, tax and banking.
Know of any private equity lawyer career moves we might have missed? If so, email PEM editor Nicholas Donato at firstname.lastname@example.org