02:04, July 21 598 0

2017-07-21 02:04:16
Revealed: The 30 funds Goodwin Procter seized from KWM

Goodwin Procter has revealed the more than 30 active funds transferred following a string of partner hires from King & Wood Mallesons (KWM) late last year.

Michael Halford was the first to join Goodwin after resigning from KWM in November 2016 and was soon followed by Ajay Pathak, Shawn D’Aguiar, Ed Hall, Laura Charkin and Patrick Deasy. The firm also brought in Richard Lever who joined in 2015.

The group brought several prestigious and strategic clients with them, including BNP Paribas, Triton and Wells Fargo.

In January, a source told The Lawyer that Goodwin’s “client base will change quite a lot now it has this new team and it’s a massive hire for the firm“.

It is not yet known whether all of these clients were brought solely with the firm’s hires into its London office. Goodwin hired a four-partner team from KWM in Paris to launch its first office in the French capital.

While the relationship partners for each fund were not disclosed, private equity partner Ajay Pathak acted for UBS Wealth Management Fund when it launched a $471m oncology impact fund in April 2016. Pathak would have been with KWM and is thought to lead the relationship between client and firm.

Similarly, Ed Hall acted for Macquarie Infrastructure and Real Assets (MIRA) during the closure of its Macquarie European Infrastructure Fund 5 (MEIF5) in Novemeber 2016, two months before he joined Goodwin.

Each partner on the Goodwin website lists the vast majority of firms mentioned in their bios.

For example, ex-KWM star and Goodwin private equity partner Michael Halford includes Triton, Macquarie, Capital Dynamics and BNP Paribas as “investments houses he has previously worked for”. All of these are included in the firm’s list.

Between Halford, Pathak, D’Aguiar, Hall and Deasy, the quintet include 21 out of the 29 listed funds in their Goodwin bios.

In addition to the partner hires, Goodwin began its first trainee scheme after taking five trainees from KWM. The firm said that it will be taking on a further three trainees in September.