Boston-headquartered Ropes & Gray announced the relocation of James Lidbury to the Hong Kong office. The firm already has a leading private equity and investment funds practice in the city, and Lidburys arrival is likely to consolidate that position. He was previously heading the Chicago office, which he helped establish five years ago.
Lidburys experience, which includes working for the US Securities and Exchange Commission, includes a number of mandates for leading private equity houses on leveraged buy-outs and take-private deals, the latter particularly popular in the last couple of years. He was recently buyer groups counsel, acting for the likes of Blackstone, on the public-to-private deal involving Chinese company Pactera Technology, previously listed on NASDAQ.
"Global investors are dedicating more resources to investment opportunities in the Asia-Pacific Region. We have been encouraged by clients to do the same and I hope to complement our deeply experienced and talented Asia-based team with the U.S. legal and business perspective that I can bring to the table, said Mr. Lidbury in a press release.
In Hong Kong, Ropes & Gray has been expanding its lineup with a number of recent hires to support private equity and corporate clients in additional areas such as equity capital markets, as demonstrated by the recent arrival of Victoria Lloyd.