Chadbourne rejigs private equity group

Chadbourne & Parke has implemented a firm-wide reorganisation of its private equity group, rearranging it along industry and geographic lines.

The firm has put in place a structure that moves away from a single-office approach to a network of six offices in Houston, London, Moscow, New York, Warsaw and Washington DC.

The initiative is being headed by Talbert Navia, chair of the private equity practice at Chadbourne, who left the firm to set up investment group MapleWood Partners in 1999, before returning to practise law in 2003.

Chadbourne has worked on a number of interesting deals, especially in franchise private equity. These include Core Value Partners’ purchase of a number of AmeriKing’s restaurants. AmeriKing is one of the largest owners of Burger King restaurants in the US. Navia represented Core Value Partners, where he is also a member of the executive committee. According to a spokesman at Chadbourne, Navia’s family is also an investor in Core Value Partners. A spokesperson at Chadbourne said: “There’s no conflict. This had been disclosed to the interested parties.”