American law firm Katten Muchin Rosenman has recruited two new partners to form an asset management group in London.
The law firm has elevated Barry Breen, former Sidley Austin funds partner, to lead the London financial services, according to thelawyer.com.
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Breen has recruited former Sidley colleague and funds lawyer David Brennand to join him in the asset management group.
Brennand was most recently a partner at offshore firm Walkers, having worked with Breen at Sidley for over a decade.
According to the publication, Brennand is expected to be joined by Schulte Roth & Zabel regulatory special counsel Neil Robson, who is likely to serve out a five-month notice period before starting at Katten.
And, with him the total partner headcount will reach to 14 at Katten’s London office, which includes only nine permanently based partners in the city.
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By GlobalDataThe asset management team building has started in 2013, as a part of wider re-branding at the firm, reflecting the fact that "funds don’t operate in narrow silos".
The four partners of London group include Breen, two current recruits and the Snajay Mehta who joined in 2012.
As a part of building its core practices in London, the firm has recruited Peter Sudgen, the head of Real Estate for Mayer Brown, as the managing partner in London, in the early 2012.
