In a strategic move that reflects the competitive landscape of the legal industry, Joanne Mak has joined Simpson Thacher & Bartlett as a partner in its London office. This transition was made public by the firm on Wednesday. Mak’s expertise lies in navigating the complexities of secondaries transactions, which includes working on single-asset continuation funds, multi-asset continuation funds, portfolio sales, and a range of other sophisticated financial mechanisms such as stapled secondary offerings and preferred equity arrangements.
Her comprehensive understanding of fund recapitalizations and advisory acumen for private funds on transactional matters such as direct co-investments adds significant value to Simpson Thacher’s existing capabilities. Previously with Kirkland & Ellis, Mak’s move is poised to enhance Simpson Thacher’s foothold in the dynamic secondaries market, bolstering its service offerings in the UK and beyond.
The recruitment underscores an ongoing trend in law firm lateral hires aimed at capitalizing on specialized financial markets. By augmenting their expertise in specific areas like secondaries—where private equity and investor needs are increasingly sophisticated—law firms are strategically positioned to offer holistic financial advice in complex global markets.