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Pinsents has lost another partner from its London private equity group just six months after group head Alan Greenough quit for White & Case.
Olswang has snared Duncan McDonald after a two-year chase, boosting the number of partners in its private equity team to 11. Pinsents corporate head Martin Lane claimed that the departures of Greenough and McDonald were unrelated. “Duncan was a very senior salaried partner. It’s a decision driven by personal considerations rather than anything to do with the business, because on the private equity side we’re going from strength to strength,” he commented.
Pinsents promoted two private equity associates to the partnership last year, bringing the number of partners in London to four, with 12 across the country. Lane said the firm had plans to grow the London private equity team from partner level downwards.
Olswang head of private equity Fabrizio Carpanini said: “I’ve known Duncan for some time and followed the development of his practice with interest.”
Carpanini said McDonald had come highly recommended by clients. He noted McDonald’s strong institutional client base and also his experience with management teams on management buyouts, an area that Olswang is hoping to grow.