Ropes & Gray has further boosted its London private equity practice with a second lateral partner hire in the space of a month.
The US firm has snared M&A partner Peter Baldwin from Jones Day just a few weeks after DLA Piper corporate partner Kiran Sharma also joined the office.
Baldwin, joined Jones Day from Cadwalader Wickersham & Taft where he was also a partner, having joined in 2005 following 11 years at Slaughter and May. He will join Ropes at the start of May.
Baldwin has a mixed practice that includes private equity and mainstream M&A transactions. He also advises banks on special situation funds and has strong relationships with Goldman Sachs and Deutshebank.
Co-managing partner for London Mike Goetz said that the hire matched the firm’s plans to build a wide-ranging private equity practice in the City.
“What we’re trying to do is have a broadly based practice,” added Goetz. “He [Baldwin] can do the private equity work but he can also do the restructuring side.
“We look at this as a team. Part of what we said [when the office was set up] was that the best approach would be to attract a team of mid-level or junior partners who felt that they wanted to do something a little more entrepreneurial.”
The firm is understood to want to continue to grow its London presence in the coming months. The office was set up in January 2010 and now numbers 10 partners.