Debevoise & Plimpton has promoted two lawyers who work on secondaries to partner as part of seven such appointments at the firm.
New York-based Jane Engelhardt, a member of the investment management and private equity groups, represents investors in private equity funds as well as buyers and sellers of secondaries stakes, according to a statement.
She previously held the rank of counsel, according to the firm’s website. Her clients include HarbourVest Partners, The Ford Foundation and State Street Global Advisors.
London-based Cécile Beurrier is a member of Debevoise’s tax department who advises sponsors on the structuring and operation of private equity, debt and secondaries funds, among others.
She has worked extensively with HarbourVest, having advised the firm on a €400 million GP-led process involving Spanish buyout fund Portobello Capital II and a stapled secondaries deal involving Doughty Hanson’s fourth and fifth funds, both in 2015.
The promotions are effective as of 1 July. Including this year’s class, women account for 41 percent of all internal promotions to partnership at the firm over the past 12 years, the statement noted.
In August, Debevoise poached San Francisco-based Kirkland & Ellis partner Matt Dickman to work in its London funds and investment management group. Dickman advises on the formation, management and reorganisation of private equity funds, secondaries transactions and GP stake sales, among other areas.
Last year, Debevoise advised on around $8.4 billion-worth of secondaries deals across 104 transactions, according to Secondaries Investor‘s annual legal survey, placing it fourth by volume and second by deal number.