Norton Rose ramps up European teams” />Norton Rose has made significant reinforcements to its European finance offering, with a triple hire in Paris and the arrival of another partner in Rome.
Banking and project finance specialist Stefano Zappala joins from Gianni Origoni Grippo & Partners’ Rome office.
In Paris Norton Rose has raided Latham & Watkins for capital markets partner Roberto Cristofolino and senior associate Marie-Aude Noury, both of whom join as partners.
The firm has also tempted back former associate Erwan Hericotte from Freshfields Bruckhaus Deringer‘s Paris office. Hericotte, who was a senior associate at Freshfields, joins as an acquisition finance partner.
Jean-François Mercadier, head of corporate finance in Paris, said: “Having already worked with a number of our key clients, including HSBC, BNP, Société Générale and Calyon, Roberto and Marie-Aude will hit the ground running.”
Paolo Daviddi, managing partner for Norton Rose in Italy, said Zappala’s hire marked the start of an expansion in Rome that could take the office from 15 employees to 30 within a year.
“The banks are in Milan and the government bodies and infrastructure companies are in Rome. We believe it was a good strategic move to strengthen the office,” said Daviddi.
Daviddi added that the firm expects project finance to be a big growth area in Italy, with the new left-leaning government pouring more money into the country’s infrastructure.
Zappala is the third partner to leave Gianni in the last month after Stefano Crosio left for Jones Day in New York and Aulo Cossu joined Janni Fauda Brescia e Associati in Rome.