Allen & Overy has added a partner to its Paris-based investment funds practice.
Antoine Sarailler will focus on fund formation across private equity, infrastructure, credit and real estate, as well as primary and secondaries transactions, according to a statement from the Magic Circle firm. He also advises French and international fund managers and investment firms on European and French regulatory matters.
His appointment completes a team of 12 Paris-based lawyers dedicated to investment funds and financial institutions regulation.
“I am looking forward to setting up this new integrated team to deliver cross-border and tailor-made solutions that our clients expect,” said Sarailler.
He comes to the job following a seven-year stint at the Paris office of Dechert, according to his LinkedIn profile.
Allen & Overy is in merger talks with Los Angeles-headquartered O’Melveny & Myers, which in the past six months has lost four members of its secondaries team to Akin Gump, Secondaries Investor reported.
According to Secondaries Investor‘s April legal survey, Kirkland & Ellis, Proskauer Rose and Morgan, Lewis & Brockius carried out the most secondaries work by value in 2018, together accounting for around $58 billion of transactions.