DLA Piper scoops Jones Day partner for Asia cap markets

DLA Piper has poached Jones Day partner Stephen Peepels to head its US capital markets offering in Asia.

The firm’s Asia practice has been further bolstered through the appointment of Simpson Thatcher & Barlett’s Gene Buttrill, who joins the firm’s corporate and securities practice as a partner in Hong Kong.

“The addition of these partners is a significant step in our strategy to develop a leading global corporate and finance practice,” said DLA Piper global chair of corporate and finance Roger Meltzer.

Peepels has worked on a number of high-profile IPOs in the region, including the $2.6bn (£1.29bn) offering by China Merchant Bank in September last year and the $1.6bn (£790m) flotation by Fosun International last July.

Buttrill brings with him exposure to offerings such as the $3.3bn (£1.6bn) flotation by China Shenhua Energy Company and a $1bn (£490m) high-yield bond offering by CITIC Resources Holdings, which was the largest such debt offering in Asia to date.

Meltzer said the addition of the two lawyers better positions DLA Piper to offer integrated legal advice on public offerings in Hong Kong and the US.

He added that the appointments take advantage of the strong market for international capital markets transactions in the region.

DLA Piper brought in Meltzer from US firm Cahill Gordon & Reindel in February this year with a view to lead the expansion of its corporate and finance practice in the US and abroad. As the global chair of the practice, his remit includes attracting and managing significant engagements into the practice.