Poulton is set to join the top 10 City firm as a partner on 15 September after a three-year stint at Citi, where he was a banker within the Europe, Middle East and Africa securitisation team.
Before joining the bank, Poulton was a senior associate within the securitisation group at magic circle firm Clifford Chance (CC).
The hire takes the number of lawyers in
Poulton’s hire marks the second lateral appointment for Herbert Smith’s finance team in recent months. In April the firm recruited capital markets partner Peter Epp from White & Case.
Epp had spent five years with the
Finance chief Jason Fox (pictured) said “[Poulton] is unique because he has worked in a leading securitisation group for a law firm and in a leading securitisation group for a bank. His hire is part of a long-term commitment to our practice and we are in ever greater need of additional people.
“We are continuing to look to expand the group and his hire is part of the strategy to do this. We are confident that the markets will come back and when they do we will be well placed.”
Other recent hires for Herbert Smith include the appointment of former Linklaters managing associate Richard Nelson, who joined the firm’s
However, the firm has also lost several partners recently, with investment funds partner Louise Freestone joining FourWinds Capital Management as its first ever general counsel after 11 years with Herbert Smith. Meanwhile, construction partner Tracy London left to join CC in June.
