MJ Hudson’s Ted Craig becomes managing partner

Secondaries head Ted Craig has been promoted to the top spot while fellow managing partner Eamon Devlin moves to Zurich.

MJ Hudson Law has promoted its head of secondaries and private funds practice to managing partner.

Ted Craig

Ted Craig’s promotion at the law arm of asset-management services provider MJ Hudson is effective from 1 January, according to a statement.

The role brings “additional influence in areas of strategy,” a spokesman for the firm told Secondaries Investor.

Craig, currently a partner, becomes one of two managing partners at MJ Hudson, according to its website. The other, Eamon Devlin, is moving to Zurich from London to help build the firm’s business in continental Europe, the statement noted.

Craig joined MJ Hudson as an associate in 2013, having previously worked at SJ Berwin. He was previously in-house counsel at investment firm Capital Dynamics. He was listed in sister publication private funds management’s “30 under 40”, which ranks the most influential young lawyers in the private funds market.

MJ Hudson acted on 36 secondaries deals in the 2017 calendar year with a value of $1.5 billion, according to Secondaries Investor‘s annual survey of law firms, published in April.