Simpson Thacher: ambling slowly towards the gate
For private equity watchers, Glover brings a serious pedigree to the proceedings, having acted for a string of clients including Permira, Duke Street, EQT and Charterhouse. But an even greater attraction will be Glover's track record in building up CC's funds team to the point where it can be regarded alongside SJ Berwin as a leading player in Europe's private equity funds market. It is also known that Glover had wearied of what he saw as excessive bureaucracy at CC. Simpson's head of private funds Tom Bell says that it required protracted discussions to secure the services of Glover, who previously turned the firm down, citing concerns over whether it would have a strong enough platform i
Bad news for UK rivals as Simpson finally looks to take the City a bit more seriously
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