Freshfields Bruckhaus Deringer has hired Linklaters’ Singapore partner Arun Balasubramanian to co-head the firm’s India group.
Balasubramanian is a US qualified lawyer, with a focus on India-related capital markets and corporate transactions. He has worked on many of the largest securities offerings by Indian companies, including the $700m (£470m) AIM listing of Unitech Corporate Parks, the $1.9bn IPO of Cairn India and $2.2bn of DLF.
At his new role as co-head of India group at Freshfields, Balasubramanian will work alongside the firm’s India group chairman Pratap Amin who is based in London.
“Arun’s addition to our Singapore office comes as we continue to see it growing from strength to strength since its launch last year,” said Rob Ashworth, Freshfields Asia regional managing partner. “The Indian and Southeast Asian markets are increasingly important to the firm’s clients and Arun’s experience will enhance our ability to assist them.”
Balasubramanian is the first partner lateral hire since Freshfields reopened in Singapore with the relocation of global capital markets head Stephen Revell (12 September 2012) and the hire of former Allens’ Singapore managing partner Gavin MacLaren (12 April 2012).
Linklaters’ India group is headed by London-based partner Sandeep Katwala (28 January 2013). At the same time of Balasubramanian’s departure, the group has seen the re-joining of its former project finance partner Narayan Iyer, who relocated from the firm’s London office to Singapore in 2007 but moved to its Indian best friend firm Talwar Thakore & Associates (TTA) as an equity partner in 2009 (6 November 2009).
Iyer will be based in London and work alongside Katwala and newly promoted corporate partner Savi Hebbur to support clients investing into India and outbound transactions by India corporates and financial institutions as they expand globally.