Akin Gump taps A&O for Moscow partner hire

Akin Gump Strauss Hauer & Feld has boosted its Moscow-based international transactions practice with the addition of Allen & Overy partner Varun Gupta.

Varun Gupta
Varun Gupta

Gupta joins as a US partner and head of the Russian capital markets practice and will focus on international capital markets transactions, cross-border M&A transactions and general corporate matters.

He has been based in Moscow since 2003 and been a US partner in A&O’s Moscow office since 2007.

In a statement Rick Burdick, managing partner of Akin Gump’s international offices and head of the international corporate transactions practice, said Gupta’s track record in equity capital markets would help bolster the firm’s international transactions capability.

“Varun’s arrival enhances our first-class international transactions practice, and we’re delighted to welcome him to the firm,” he added. “His practice in Russia is well-known and widely respected, and the strength and breadth of his capital markets and wider corporate experience will augment our well-established capabilities in Moscow.”

Gupta’s Russian IPO transactions include the flotations of AFK Sistema, Novatek, Comstar, United TeleSystems, Sistema-Hals, Sistronics and Federal Grid Company on the London Stock Exchange, Mechel on the New York Stock Exchange and Bank Saint Petersburg on the Russian stock exchanges.

Gupta said in a statement: “By joining [Akin Gump], I’ll continue to serve Russian companies looking to list overseas and domestically to raise debt and equity financing and to assist Russian and international companies with their cross-border M&A transactions.”

Gupta’s appointment follows the Moscow office’s hires of tax partner Ilya Rybalkin in May 2010 (24 May 2010) and corporate partner Suren Gortsunyan in August (5 August 2010), both from Hogan Lovells.