John Daghlian, a member of SJ Berwin’s London-based private equity fund formation practice, has left the firm to join O’Melveny & Myers, a Californian law firm with 900 lawyers and 13 offices including London.
Daghlian, who became a partner at SJ Berwin in 1997, has worked with several of the firm’s high profile private equity clients. He advised Apax Partners on setting up its €4.4bn Europe V Fund, and worked with Bridgepoint Capital on its management buyout from NatWest Bank and the subsequent sale of NatWest’s fund portfolio to secondary investors.
Daghlian also worked with Nomura International on Guy Hands' spinout from the Japanese bank that led to the setting up of Terra Firma Capital Partners in 2002.
SJ Berwin’s private equity practice is one of the leading advisers on private equity fund structuring and related matters in Europe. Other senior member of the group include Jonathan Blake, Josyane Gold, Mark Mifsud, Georg Steininger, George Pinkham and Tony Tulloch. The firm also has a European buyout and venture capital practice.
Commenting on the departure, Jonathan Blake, head of SJ Berwin’s private equity group, said in an interview the firm was sad to see Daghlian go and that the departure was amicable.
SJ Berwin’s most recent mandates in the European market include advising Pantheon, the global private equity fund of fund manager, on its sale to Russell Investment. Daghlian also advised on the recent sale of a private equity portfolio owned by Abbey National to Coller Capital.
O’Melveny & Myers’ London offices currently comprises two partners and three associates, according to its website. In the US, the firm operates as a full-service corporate practice, including a private equity and venture capital franchise.