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Terras, a specialist in structured finance and investment funds, is set to join McDermotts from SJ Berwin, where he has been a partner since October 2003. Prior to that he established Withers' hedge fund practice.
During his time at SJ Berwin, Terras has acted for a number significant hedge funds and managers, investment banks and other product providers.
He has advised on the structuring of investments derived from hedge fund strategies and has experience in a range of securitisation and repackaging structures based on alternative asset platforms.
McDermott's London managing partner David Dalgano said: “Nick is a high quality lawyer and his appointment represents continued progress in our strategy of increasing the capabilities of each of our core practice groups.”