Key Takeaways
- • Proskauer Rose LLP has added two new partners to its New York office, strengthening its restructuring and private funds practices.
- • The restructuring partner joins from Davis Polk & Wardwell LLP, one of the nation's leading corporate law firms.
- • The private funds partner comes from PJT Partners, an advisory-focused investment bank, broadening Proskauer's expertise in alternative asset management.
- • The dual hire signals Proskauer's strategic focus on high-value practice areas serving institutional investors and alternative asset managers.
Summary
The first partner brings restructuring expertise from Davis Polk & Wardwell LLP, one of the nation's preeminent corporate law practices. This addition bolsters Proskauer's capability in distressed assets, corporate reorganizations, and insolvency matters—areas of considerable relevance to institutional investors and alternative asset managers navigating complex capital structures.
The second partner joins from PJT Partners, an advisory-focused investment bank specializing in private capital advisory services. This hire reinforces Proskauer's bench strength in private funds law, covering fund formation, regulatory compliance, investor relations, and alternative investment structures. PJT Partners' focus on institutional advisory work underscores the caliber of expertise being brought to Proskauer's practice.
The move reflects broader market dynamics in which leading law firms compete to attract specialized talent from both legal and financial services backgrounds. For Proskauer, the dual partnership additions position the firm to serve the evolving needs of institutional investors, family offices, and alternative asset managers requiring sophisticated guidance on fund structures, distressed situations, and regulatory matters.
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