NCTM picks up corporate team from Simmons

Italian firm NCTM has hired a corporate team from Simmons & Simmons’ Milan office including partner Riccardo Papetti.

Papetti is bringing of counsel Michaela Castelli and two associates with him to NCTM.

He advises on M&A and private equity, with clients including Permira. Papetti has been a partner at Simmons since 2006, having joined the firm in 2002.

NCTM has not made any lateral hires recently, although last year the firm suffered a number of departures including two partners who left for Ashurst (4 March 2011).