Private equity

Private equity

Claire McDaid, Willkie Farr & Gallagher While it is always difficult to untangle the platform from the individual, Willkie Farr & Gallagher’s Claire McDaid’s (pictured above) record as a business-builder could not be clearer. The former Kirkland & Ellis partner was recruited in 2014 along with Matthew Dean to spearhead a City private equity practice …

US firms continue City growth as White & Case and Cooley see double-digit revenue spike

US firms continue City growth as White & Case and Cooley see double-digit revenue spike

White & Case’s City office posted revenue of $328m for 2017, a 13% increase on last year’s $290m figure, while Cooley has reached $57.5m in its third year in London. Globally, Sidley Austin has also posted significant revenue and profit growth for 2017. 2017 global revenues for White & Case also saw a substantial boost, …

Transatlantic crossing – BLP and Bryan Cave to complete merger vote in February

Transatlantic crossing – BLP and Bryan Cave to complete merger vote in February

The partnerships of Berwin Leighton Paisner (BLP) and US law firm Bryan Cave are to vote on their transatlantic tie-up, with the outcome set to be unveiled at the end of February. If successful, the union would bring to an end the City firm’s quest for a US suitor, with BLP having less than two years …

Gibson Dunn finance veteran Gillespie departs for investment business as GC

Gibson Dunn finance veteran Gillespie departs for investment business as GC

City finance veteran Stephen Gillespie has left Gibson Dunn & Crutcher after three years to join international investment business  Letterone Holdings as its general counsel. One of the biggest names in his field with more than 25 years’ experience at London’s most celebrated US and Magic Circle firms, Gillespie joined Gibson in December 2014 from Kirkland …

Deal Watch: Simpson, CC and NRF line up as business data firms generates big ticket double

Deal Watch: Simpson, CC and NRF line up as business data firms generates big ticket double

As January draws to a close the deal market continues its robust run, with Simpson Thacher & Bartlett leading the advisers on Blackstone’s headline-grabbing Thomson Reuters carve-out while City leaders deploy for Informa’s £3.9bn takeover of UBM. Simpson, Dechert and Norton Rose Fulbright (NFR) won the lead mandates on a Blackstone-led bid to acquire the data …

LLP accounts: Freshfields management team takes home £19.1m amid overall profit uptick

LLP accounts: Freshfields management team takes home £19.1m amid overall profit uptick

The management team at Freshfields Bruckhaus Deringer took home £19.1m for the 2016/17 financial year, according to latest LLP accounts filed with Companies House. This combined remuneration for the Magic Circle firm’s senior partner, managing partners and heads of global practice groups is a 6% increase on the previous year’s £18.1m package.

Irresistible forces – Within weeks of $10m Freshfields hire, Kirkland targets Cravath for M&A playmaker

Irresistible forces – Within weeks of $10m Freshfields hire, Kirkland targets Cravath for M&A playmaker

Kirkland & Ellis continues to make waves on both sides of the Atlantic as the Chicago-bred juggernaut this week announced the hire of one of Manhattan’s top M&A names. In the latest of a series of headline-grabbing moves, Cravath, Swaine & Moore M&A star Eric Schiele is to transfer to Kirkland’s New York arm. Schiele – …

Milbank continues City hiring spree with Shearman high yield guru Gkoutzinis as Vinson nabs Jones Day finance partner

Milbank continues City hiring spree with Shearman high yield guru Gkoutzinis as Vinson nabs Jones Day finance partner

High-yield specialist Apostolos Gkoutzinis is to join Milbank Tweed Hadley & McCloy from US rival Shearman & Sterling, a move which marks the firm’s fifth hire in the space of a week. The recruitment of Gkoutzinis, Shearman’s head of European capital markets, is another sign of Milbank’s ambitions to make its mark in City finance, …