Private funds and credit heavyweight, Proskauer Rose, has amplified its presence in the Paris office by incorporating four partners from Shearman & Sterling. This move is targeted at capitalizing on the rising corporate activity trends in France. The new additions to the Proskauer Rose team comprises Xavier Norlain, Jeremy Scemama, Maud Manon, and Matthieu Lampel, all of whom have strong credentials and expertise in leveraged finance, M&A, direct lending, and restructuring.
Interestingly, this four-partner group had a brief run at Shearman & Sterling, spending a little under two years after their migration from DLA Piper. This strategic move by Proskauer Rose is a strong indicator of its goal to bolster its offerings in the private funds and credit market and its continuing commitment towards its global clientele. At a time when corporate activity is witnessing an upswing, Proskauer is carving its path to take advantage of this growth.
More detailed insights on this strategic move can be found by visiting Law.com.