Proskauer Rose has lost private equity partner James Howe to Gibson Dunn & Crutcher and funds partner Oliver Rochman to Morrison & Foerster (MoFo) in London.
The news comes a day after the firm made a hire from Dentons to boost its private equity practice in London.
Howe joined Proskauer in 2015 as a partner in its private equity practice. Prior to that, he was a partner at Kirkland & Ellis for five years.
Howe focuses his private equity practice on public and private M&A, with particular emphasis on cross-border leveraged buyouts, buy-ins, and strategic sales and acquisitions.
Gibson Dunn managing partner and chairman Ken Doran said: “Continuing to build our transactional capability in London is critical to establishing the bench strength and visibility needed to achieve long-term success in the UK and global markets.”
Rochman’s move to MoFo follows that of Latham M&A and private equity partner Graeme Sloan, who joined the firm as London corporate head and global M&A co-chair last year, as well as two partner hires from Latham earlier this year: Andrew Boyd and Gary Brown, also in corporate.
Rochman has wide-ranging private investment funds transactions experience, which includes providing counsel on fund restructuring, secondary transactions, and structured co-investments.
He joined Proskauer as a partner in 2011, and prior to that he was an associate in legacy SJ Berwin’s corporate practice.
MoFo European managing partner Paul Friedman sad that the firm has “significantly invested” in its UK corporate practice over the last year and that Rochman will “help us further build out our global private investment funds practice”.