Eamon Devlin, a well-known lawyer in the private equity industry, is stepping down from the asset management consultancy he helped found.
Devlin, the first managing partner at MJ Hudson who has been with the firm for more than a decade, has submitted his resignation and is leaving the industry for now, according to two sources familiar with the matter.
“Eamon is taking some well-earned time off to figure out a new challenge, after an energetic decade of success at MJ Hudson,” a spokesman for the firm told Private Equity International in an emailed statement. “Whatever the next challenge is, we are sure he will rise to it.”
Devlin’s work includes investment funds, secondaries, LP representation, co-investments, M&A and private fund formation, according to MJ Hudson’s website. He represents a number of GPs, pension funds, family offices, funds of funds and national governments.
He has advised clients including LGT Capital Partners on co-investments and primary closed-ended fund investments; the UK government on a manager selection process and fund formation relating to a £750 million ($1.03 billion; €878 million) infrastructure fund; and Adams Street Capital on primary closed-ended fund investments.
Since the start of the coronavirus pandemic last year, Devlin has moderated frequent webinars at MJ Hudson, interviewing some of the most-recognised names in the private equity industry, including Helen Steers, partner at Pantheon; Steven Kaplan, professor at University of Chicago’s Booth School of Business; George Anson, former managing director at HarbourVest Partners; and Jon Moulton, founder of Better Capital.
Devlin’s final interview is understood to be with former US Securities and Exchange Commission co-head of private funds unit Igor Rozenblit on 23 September.