06:28, September 04 328 0

2017-09-04 06:28:13
Kirkland private equity exits continue with Reed Smith hire

Kirkland & Ellis private equity exits in London have continued with the departure of partner Leith Moghli to Reed Smith.

Moghli was a founding member of Kirkland’s funds practice in London and was at the firm for over 10 years.

Moghli advises global and European fund sponsors and financial institutions on the formation of investment vehicles, focusing mainly on private equity, venture infrastructure, natural resources, energy, secondary and debt funds.

He also counsels fund managers on carried interest, co-investment and other incentive arrangements, including leveraged co-investments and separate account arrangements.

This is the latest departure to hit the Kirkland team in London this year, after six partners left for Sidley Austin in February: Christian Iwasko, Erik Dahl, Fatema Orjela, Bryan Robson, Sava Savov and Oliver Currall. The team consisted of two equity and four non-equity partners.

While Kirkland made a number of lateral hires in the last two years – including Stephen Lucas and Jonathan Kandel from Weil Gotshal & Manges, Michael Steele from Freshfields Bruckhaus Deringer and Matthew Elliott from Linklaters – it has also lost partners.

Last year, leveraged finance partner Ward McKimm went to Freshfields, banking partner Philip Crump left for Gibson Dunn & Crutcher and corporate partner James Howe joined Proskauer Rose.

In May, private funds team Mark Mifsud, Kate Downey and Alexandra Conroy left for Fried Frank Harris Shriver and Jacobson.