
Weil poaches Clifford Chance’s fund formation team
Weil Gotshal & Manges has appointed four new partners to create a fund formation group in London.
Ed Gander, Nick Benson, Nigel Clark and Jonathan Kandel have joined from Clifford Chance, where they were private funds partners.
The timing of the new group couldn't be better, with a record number of GPs expected to hit the fundraising trail this year. unquote" has already recorded 12 fund launches this year alone in Europe, with Permira's the latest to be announced. It is one of more than than three dozen fund announcements, including launches and closings (interim or final).
Prior to the fund formation team's announcement, Weil's private equity deals team advised Providence Equity Partners on its disposal of Phones 4u to BC Partners; Advent's buyout of The Priory Group and ERM on its buyout by Charterhouse.
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