|
Leading Corporate & Private Equity Lawyer Matthew Hudson to Lead Launch
September 6, 2007 (New York, NY) - Proskauer Rose LLP, an international law firm with more than 750 lawyers worldwide, will continue its global expansion with the opening of a new office in London. The firm's tenth location, following the opening earlier this summer of an office in São Paulo, Brazil, will mark the acceleration of Proskauer's aggressive expansion strategy in the major financial markets of the world and the continued growth of its private equity practice.
Matthew Hudson, who joins Proskauer from O'Melveny & Myers, where he served as chair of its European Corporate and Private Equity practices, will head the firm's London practice.
According to Allen I. Fagin, chairman of Proskauer, the firm's entry into London will be the natural next step in the evolution of its transactional practice.
"We have successfully developed into a major player in the private equity and alternative investments arena with our representation of hundreds of the most active and sophisticated private equity funds, hedge funds and other providers of public and private capital, debt and equity," Mr. Fagin said. "We are excited to bring these core strengths to London. Matthew is the perfect choice to spearhead this effort and the continued growth of our practice in Europe. He is a top-notch lawyer in an area that is strategically important to our firm, and he is a proven leader and an experienced manager."
The announcement that Proskauer will open an office in London follows the firm's announcement that noted private equity fund formation, transaction and taxation lawyers Daniel Schmidt and Olivier Dumas joined its Paris office as partners, adding to its already robust practice representing many of the top corporations in Europe.
"Joining Proskauer presents a one-of-a-kind opportunity. With a particular focus on private equity, debt, hedge and other alternative asset classes and access to the global nexus between our U.K., French and U.S.-based private equity practices, we will be able to provide a unique and unparalleled level of service to the world's investment fund community," said Mr. Hudson.
Mr. Fagin echoed the sentiment and said the firm has no intention of slowing down.
"Adding London to our network will be an important move for us that naturally complements and enhances our continuing growth in Paris, our entry into South America, and our position as one of the world's leading private equity and corporate transactional firms," he said. "We are extremely excited about the opportunity Matthew's addition presents and look forward to rapidly capitalizing on his success."
Mr. Hudson brings diverse experience from both the legal and business sides of the private equity and investment banking industries. As a lawyer, he has represented sellers, buyers and advisers on all aspects of private and public mergers and acquisitions, IPOs, and capital markets matters. He has also advised private equity clients on carried interest structures, LBOs, venture capital and fund formation, and has represented management teams and portfolio companies throughout their financing, exit, and M&A activities. On the business side, he spent six years in the private equity industry at CSFB and Coller Capital in addition to founding and acting as CEO of a venture capital group and helping found a boutique investment bank.
The announcement of Proskauer's plans to open a London office and the expansion of the firm's private equity capabilities in Paris are the latest developments in its ever-expanding representation of the private equity community, a cornerstone of the firm's strategy. It began with Proskauer's deep, long-term relationships with the major investment banks and financial players on Wall Street and grew as private equity became an increasingly important driver of the economy. It continued with the addition of the private equity practice of Testa, Hurwitz & Thibeault LLP, a group led by internationally-recognized partners Robin Painter and David Tegeler that has contributed to Proskauer being named the fastest-growing law firm in Boston for two consecutive years. And it has included a firm-wide, interdisciplinary commitment to serving the private investment funds community that encompasses key practices including labor and employment, executive compensation, taxation, trusts and estates, intellectual property, real estate, media, entertainment, technology, and litigation, among many others.
In 2006, Proskauer's Private Investment Funds Group represented sponsors in closing 83 private equity funds with $24.4 billion in committed ca
About Proskauer Rose
Proskauer Rose, founded in 1875, is an international law firm providing a wide variety of legal services to clients worldwide from offices in Boca Raton, Boston, Chicago, Hong Kong, London, Los Angeles, New Orleans, New York, Newark, Paris, São Paulo, and Washington, D.C. The firm has wide experience in all areas of practice important to businesses and individuals including corporate finance, mergers and acquisitions, general commercial litigation, corporate governance matters, conducting internal corporate investigations, white collar criminal defense, private equity and fund formation, patent and intellectual property litigation and prosecution, labor and employment law, real estate transactions, bankruptcy and reorganizations, trusts and estates, and taxation. Its clients span industries including chemicals, entertainment, financial services, health care, information technology, insurance, internet, lodging and gaming, manufacturing, media and communications, pharmaceuticals, real estate investment, sports, and transportation. The firm can be found online at http://www.proskauer.com.
|
