Addleshaw Goddard is set to bolster its City funds practice with hires from Mayer Brown and Bank of America.
Christy Stagemeyer and David Ive will join Addleshaws in the coming weeks as a partner and consultant respectively. Ive joins from Mayer Brown, where he was a funds and tax partner, while Stagemeyer joins from the Bank of America in New York, where she was lead counsel for the bank’s alternative investment group.
The hires add further strength to Addleshaws’ 12-lawyer funds practice, with the pair set to work alongside partners Philip Goodstone and John Hiscock.
The team, which is part of the corporate division, specialises in private equity and hedge fund formation and structured finance.
Addleshaws corporate managing partner Paul Devitt said: “By strengthening our capability in this strategically-important market we will be able to enhance the depth of our service to existing clients and open up new opportunities for our corporate practice as well as the wider firm.”
He added: “The [hires] will have a direct impact on the firm’s existing practices, particularly our private equity and structured real estate, corporate finance and projects practices.”
The appointments follow a spate of senior hires for Addleshaws this year. The national law firm recently hired former KPMG partner Michael Carter as a corporate partner for its share incentives team, as well as recruiting projects partner Andrew Petry from Freshfields Bruckhaus Deringer.
Last year the firm hired project finance partner Natalie Elphicke and leverage finance partner Michael Crosby from Denton Wilde Sapte and O’Melveny & Myers respectively.
The news comes as the top 20 law firm prepares to move the bulk of its London lawyers under one roof, with the national firm in final negotiations to take on the whole of Milton Gate from UBS and Exemplar. The offices, on Moor Lane, would allow the firm to bring together lawyers from its Aldersgate Street and Noble Street offices. However, the firm will retain its premises on Lime Street for insurance work.
