Gibson, Dunn & Crutcher is advising private equity giant KKR on a €971 million investment in Spanish fibre-optic unit Reintel, in a major coup for its recent London hire Federico Fruhbeck.

Fruhbeck, who has been named as one of Law.com’s rising stars in private equity twice in the last two years, joined Gibson Dunn in October. KKR was a significant client of Fruhbeck’s during his time at previous firm Vinson & Elkins.