Sullivan & Cromwell made a major play last week with its hire of prominent private equity partner Karan Danamani from Allen & Overy. A Legal 500 Hall of Famer in high-value PE transactions, Danamani joined Allen & Overy from Ashurst in 2014, and has significant expertise in complex cross-border work.
The move marks a significant step for Sullivan & Cromwell: though the firm is strong in cross-border M&A, it currently has little presence in the UK and European PE market. Continue reading “Revolving doors: Private equity stays hot with high-profile departures from A&O and Travers”