Update: Freshfields targets Ashurst for five-partner private team as legal elite tightens grip on premium funds clients

Freshfields Bruckhaus Deringer is to punch a major hole in Ashurst’s European private equity practice with the City giant voting on a deal to take on a five-partner buyout team from Ashurst’s Paris arm. This comes after the Ashurst team had already approached some US firms, including Dechert, within the last six months. Confirmation that Freshfields …