Kirkland raids hedge fund for UK private equity partner

Kirkland & Ellis has further ramped up its London private equity capability with the hire of the general counsel and managing director of US hedge fund Shumway Capital Partners.

Sam Pakbaz rejoins Kirkland after six years away from the firm, returning to the Chicago-based firm’s London office as a partner last Thursday (13 July). He previously spent five years as an associate at Kirkland between 1995 and 2000, including three years in the London office.

Pakbaz, who is US-qualified, focuses on leveraged buyouts, fund formations, M&A and divestitures. He has historically advised clients Bain Capital, Goldman Sachs Private Equity and CVC Capital.

Since leaving Kirkland in 2000, Pakbaz spent four years as vice president of equity capital markets at Deutsche Bank in London, before joining Shumway Capital as general counsel and managing director.

Pakbaz’s hire follows a series of notable private equity partner appointments at Kirkland, including Graham White and Raymond McKeeve from Linklaters in March and leveraged finance partner Stephen Gillespie from Allen & Overy in April.

However, while the US firm has sought to bolster its London presence it has also suffered several partner losses. Co-founder of the London office Stuart Mills will return to the US in September, while corporate partner Nigel Dunmore defected to US rival Sidley Austin.