Skadden Arps Slate Meagher & Flom has recruited a new head of its Sao Paulo office with the hire of high-profile Shearman & Sterling capital markets partner Richard Aldrich.

Aldrich was the founder and co-head of Shearman’s Sao Paulo office, which opened in 2004. He joined the firm in 1975, made partner in 1983, and from 1984 to 1987 headed up the firm’s Hong Kong office.