Paul Weiss has continued its fast London growth with the rent of TDR Capital normal counsel David Holdsworth, who’s returning to non-public observe after lower than two years on the personal fairness home
He’s set to hitch as a associate within the US agency’s London personal fairness group, bringing the agency’s London associate headcount to 27, based on its web site.
Holdsworth joined the London-based TDR in January 2023 after a 15-year stint at Linklaters, the place he made associate in 2009, adopted by six years at Kirkland & Ellis. At Paul Weiss he might be reunited with a lot of his former colleagues from Linklaters and Kirkland, together with London co-heads Neel Sachdev and Roger Johnson.
Johnson, who’s world co-chair of the agency’s M&A observe, referenced the pair’s shared background at Kirkland in an announcement, saying: ‘David is an distinctive lawyer, and I’m delighted to as soon as once more have him as my associate.’
Paul Weiss chair Brad Karp (pictured, prime) added: ‘David might be a wonderful counselor to our personal fairness shoppers on their most complicated transactions within the UK and Europe.’
Holdsworth’s transfer comes amid a flurry of additives to the US agency’s London workplace which have seen it repeatedly raid Kirkland. Asset administration transactional specialist James King joined as associate from Kirkland in April, then at first of August the agency introduced it had recruited his Kirkland colleague Jeremy Leggate as European funding funds co-head.
This was shortly adopted by the addition of funding funds associate David Pritchett, described as a ‘unbelievable addition to our partnership’ in an announcement by Karp, who additionally went on to say: ‘His expertise engaged on complicated fund formation issues will make him an distinctive asset to our rising world funding funds group.’
Based on its web site, the US agency now has round 150 attorneys in London, which, based on the newest International London rating, places it alongside corporations comparable to Debevoise & Plimpton, Gibson Dunn and Cleary Gottlieb. The agency has a set itself a goal of reaching 200 by the tip of 2024 – a quantity which might place the agency among the many prime 20 International London corporations.
Different corporations strengthening their partnerships embrace Dechert, which has bolstered its monetary companies ranks in Dubai with the addition of associate Amanjit Fagura from Morgan Lewis.
Dechert co-chair Mark Thierfelder mentioned in an announcement: ‘Ama’s world experience and modern approaches to fund structuring and funding transactions might be an amazing asset to our shoppers.’
Fagura specialises in personal funds and funding options for Center East traders, together with the structuring of Shari’a-compliant investments, whereas she additionally brings experience in Sukuk issuances, and each typical and Islamic financings.
Gus Black, co-chair of Dechert’s monetary companies observe group, added: “Ama’s arrival is a strategic enhancement to our world crew and her experience will considerably strengthen our capabilities within the Center East area.”
In Sweden, Linklaters has boosted its leveraged finance providing with the addition of senior associate and Authorized 500 banking and finance Corridor of Famer Magnus Wennerhorn, who will lead the agency’s banking and finance observe in Stockholm.
Wennerhorn’s transfer comes after 19 years at White & Case the place he was most just lately co-head of its debt finance observe. Rebecca Jarvis, Linklaters’ world co-head of banking, mentioned in an announcement: ‘We’re excited to welcome Magnus to our banking observe the place his skillset will strengthen a focused space of development, working carefully with our community to service banks, monetary sponsors and corporates each regionally and globally, wherever they’re on the earth.’
In Riyadh, Latham & Watkins has employed Leen Zaza from impartial Saudi agency Khoshaim & Associates (Okay&A) into its M&A and personal fairness observe. Zasa made associate at Okay&A in 2020 and is a Authorized 500 subsequent technology associate for business, company and M&A. She joined Okay&A as an affiliate in 2012. At the moment, the agency had a cooperation settlement with pre-merger Allen & Overy, a deal which led to December 2020.
‘Leen is a extremely regarded practitioner with first-class technical abilities and a wealth of expertise advising on a number of the area’s most vital strategic M&A and personal fairness transactions’, mentioned Latham’s MENA area managing associate Salman Al-Sudairi in an announcement. ‘Her broad observe spans essential sectors which can be central to Saudi Arabia’s formidable development plans, and he or she might be a terrific addition to our sturdy and rising crew.’
tom.cox@legalease.co.uk