McDermotts snatches SJ Berwin hedge funds specialist

McDermott Will & Emery has poached SJ Berwin partner Nick Terras for its growing structured finance and hedge funds group.

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.”