Akin Gump grows PE practice by three

O’Melveny & Myers’ loss is Akin Gump Strauss Hauer & Feld’s gain as the latter law firm adds three partners to its New York-based private equity fold.

International law firm Akin Gump Strauss Hauer & Feld LLP has expanded its private equity capabilities by hiring three partners to the firm’s private equity practice group.

The new additions to the Akin Gump roster are Adam Weinstein, Stewart Kagan and Rosa Testani, all hailing from and formerly partners at the New York office of law firm O’Melveny & Myers LLP and its predecessor O’Sullivan LLP. The trio will be based at Akin Gump’s New York office and is expected to bolster the capacity for handling private equity transactions at the firm, which houses over fifty attorneys in its private equity practice group.

Serving as co-chair of Akin Gump’s private equity mergers and acquisitions practice, Weinstein will leverage his experience in advising large cap and middle market funds and their portfolio companies. Kagan’s expertise includes debt financings and private equity investments, having worked on a number of leveraged buyouts in the past. Meanwhile, Testani specialises in representing private equity-backed portfolio companies with public and private issuances of equity and debt, as well as advising on restructurings and corporate governance issues.

Akin Gump has been active on the fund formation side for over twenty years, and the firm’s New York office was founded by fund formation specialists Steve Vine and Patrick Fenn in 1994.