Key Takeaways
- • Global law firm Akin opened its Boston office, its 19th worldwide, focused on serving the transactional needs of alternative investment managers.
- • The office launches with five partners spanning financial restructuring, special situations and private credit, private equity, investment management and tax.
- • Ranesh Ramanathan, formerly managing director at Bain Capital and general counsel to its credit business, joined as co-lead of the special situations and private credit group in October 2022.
- • Akin cites existing long-term relationships with many of Boston's leading private credit funds, private equity funds and other alternative asset managers.
- • The office is located at 33 Arch Street in the Financial District; Akin reports more than 900 lawyers and advisors across the US, Europe, Asia and the Middle East.
Summary
Akin announced the opening of its Boston office, the firm's 19th worldwide, according to the firm's announcement. The office is designed to serve the full range of transactional needs of alternative investment managers, which the firm describes as a core strength. Akin said it has long-standing relationships with many of the city's leading private credit funds, private equity funds and other alternative asset managers, and advises investment managers on transactional, regulatory, litigation and public policy matters.
Akin chairperson Kim Koopersmith said Boston is a vibrant and growing market across sectors that align with the firm's strengths. The office launches with five partners who combine longtime Akin attorneys and recent hires. Ranesh Ramanathan, former managing director at Bain Capital and general counsel to its credit business, joined in October 2022 as co-lead of the special situations and private credit group. Wells Miller joined the Boston tax practice the same month, advising private equity, venture capital and hedge funds and their portfolio companies.
Josh Peary joins the Boston office on March 1 from Kirkland & Ellis LLP, bringing experience advising lenders and borrowers in leveraged buyouts and cross-border financings. Tim Clark is relocating from the firm's New York office and focuses on investment fund-related M&A, including secondary transactions, co-investments and direct investments in management companies. Jesse Brush, with a capital markets practice centered on liability management and restructurings, will split his time between Boston and New York.
Ramanathan said Akin aims to be the firm of choice for alternative capital providers, citing recent partner additions Fergus Wheeler in London and Catherine Goodall in New York. Akin is a leading global law firm with more than 900 lawyers and advisors. The Boston office is located at 33 Arch Street.
Akin chairperson Kim Koopersmith said Boston is a vibrant and growing market across sectors that align with the firm's strengths. The office launches with five partners who combine longtime Akin attorneys and recent hires. Ranesh Ramanathan, former managing director at Bain Capital and general counsel to its credit business, joined in October 2022 as co-lead of the special situations and private credit group. Wells Miller joined the Boston tax practice the same month, advising private equity, venture capital and hedge funds and their portfolio companies.
Josh Peary joins the Boston office on March 1 from Kirkland & Ellis LLP, bringing experience advising lenders and borrowers in leveraged buyouts and cross-border financings. Tim Clark is relocating from the firm's New York office and focuses on investment fund-related M&A, including secondary transactions, co-investments and direct investments in management companies. Jesse Brush, with a capital markets practice centered on liability management and restructurings, will split his time between Boston and New York.
Ramanathan said Akin aims to be the firm of choice for alternative capital providers, citing recent partner additions Fergus Wheeler in London and Catherine Goodall in New York. Akin is a leading global law firm with more than 900 lawyers and advisors. The Boston office is located at 33 Arch Street.
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