Linklaters has hired Lovells banking partner Adam Freeman as it continues to bolster its acquisition finance practice.
Freeman, who was promoted to partner in 2003, was key in Lovells’ push to rebuild its banking business, and worked closely with CIBC and Société Générale (SocGen). The terms of his exit have still to be negotiated.
Freeman is Linklaters’ second lateral hire in acquisition finance in the space of a year. Earlier this year the magic circle firm hired another rising star in banking, Stephen Lucas from Clifford Chance.
Although Lovells captured SocGen’s first acquisition finance mandate following its panel review, it has been unable to lever itself out of mid-tier transactions. This is understood to be one of the reasons behind Freeman’s decision to join Linklaters.
Lovells and Linklaters declined to comment.