SJ Berwin puts finance team at top of agenda" />SJ BERWIN plans to double the size of its global finance department, putting the practice on an equal footing with the corporate team.
The firm is planning to take the department’s partner count from 16 to 32 within the next five years and double the group’s turnover, which currently stands at £17m.
SJ Berwin banking partner Jeremy Cross said: “We’re well known for our private equity work and have a strong client base in this sector. The idea is to develop a finance department that’s just as strong and has well-established clients globally.”
Cross added that the firm will target the leveraged finance and real estate sectors.
“These areas are already quite successful for us,” he said. “It makes sense to focus on sectors that are already working well.”
In the last six months SJ Berwin has made two lateral hires to its finance team. Partner Karl Woolley joined from Addleshaw Goddard in January and Stuart Brinkworth joined from McGrigors in March. Both are leveraged finance specialists.
Cross said: “We plan to develop the team via internal growth, making up associates and lateral hires that will strengthen the department.”
The firm is on a number of bank panels, including Royal Bank of Scotland’s, Lloyds TSB’s and Barclays’.