Law firm Debevoise & Plimpton has promoted three secondaries-related lawyers to the position of counsel, according to a statement from the firm.
New York-based Cate Bae, a member of the investment management group, has advised sponsors on complex secondaries transactions and direct purchases of fund interests. She has also worked on fund formation matters related to many different types of private investment fund, co-investment vehicles and separately managed accounts, according to the statement.
Allison Lee, from the Hong Kong corporate department, has also been promoted. She works on a range of cross-border transactions for private equity investors, including secondaries deals such as Credit Suisse’s sale of its Asian portfolio to HarbourVest and Asia Growth Capital in 2013. She started her career at Debevoise in 2008, according to her LinkedIn page.
Zahra Khosrovi Sowder, who focuses on complex financing transactions such as leveraged acquisitions, recapitalisations and restructurings, who has been elevated to counsel. She has worked on a variety of asset-backed financing facilities, including fund financing and mezzanine debt deals. She started at Debevoise as a legal assistant in 2003, according to LinkedIn.
At Debevoise a counsel is equivalent to a salaried partner, the firm said. Those with the title partner are equity only.
Debevoise & Plimpton employs 650 lawyers in nine offices across three continents. It is headquartered in New York.