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Proskauer Swallows Paris Boutique in European Buyout Push

James Illman

Legal Week

September 06, 2007

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Proskauer Rose has absorbed Paris private equity boutique Schmidt Gicqueau Dumas Mull-Jochen (SGDM), as the U.S. firm continues its European buyout push.

SGDM founding partner Daniel Schmidt and private investment funds partner Olivier Dumas both join the New York-based law firm as partners, while corporate lawyers Mireille Mull-Jochen and Arielle Halini and tax specialist Estelle Piazza join Proskauer as associates.

The deal takes the number of partners in Proskauer's Paris arm to 15.

Commenting on the new Paris hires, Proskauer Chairman Allen Fagin said: "The addition continues our expansion in the region and the growth of our global private investment funds practice, a cornerstone of the firm's strategy."

The hires come after the firm last week announced that it is to make its long-awaited London debut after hiring former O'Melveny & Myers London chief Matthew Hudson to head the operation.

Hudson has handed in his notice to the Los Angeles firm but his start date with Proskauer is yet to be confirmed.

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