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MJ Hudson’s head of private funds departs – exclusive

Ted Craig, a partner and secondaries specialist, has left the London-headquartered law firm and asset management consultancy.

MJ Hudson‘s head of private funds has left the asset management consultancy and law firm, Secondaries Investor has learned.

Ted Craig
Ted Craig

A spokeswoman confirmed that Ted Craig, a partner who led the London-based firm’s secondaries practice, was no longer working there. According to MJ Hudson’s website, Craig – who was listed in sister publication pfm‘s 30 under 40 list of impressive legal professionals in 2017 – focused on secondaries deals, investor representation, co-investments and formations.

It is unclear where his next move will be.

“We wish Ted well and thank him for his five and a half years of valued service at MJ Hudson Law,” the firm said in a statement to Secondaries Investor. Partner Saloni Joshi, who has more than 18 years’ experience advising on private investment funds and private equity-related transactions, will be responsible for the firm’s secondaries practice.

Craig’s clients at MJ Hudson included Montana Capital Partners, Capital Dynamics, Altamar Capital Partners, StepStone, Multiplicity Partners, Newbury Partners and North Sea Capital, as well as single and multi-family offices.

Craig joined the firm in 2013. He was previously part of the international funds group at the London office of law firm King & Wood Mallesons (formerly SJ Berwin). He also served as in-house counsel at Capital Dynamics.

According to Secondaries Investor‘s most recent law firm survey, MJ Hudson advised on 36 secondaries deals in the 2017 calendar year with a total value of $1.5 billion.