Simmons & Simmons has moved to rebuild its US capital markets capacity in London with the hire of a lawyer from Clifford Chance’s (CC’s) Hong Kong office.

The top 15 UK law firm has hired Julian Perlmutter as a corporate partner in its City equity capital markets team. Perlmutter, who is currently a foreign counsel with CC in Hong Kong, is expected to join Simmons on 14 November when he will become the second US-qualified partner in Simmons’ ECM team alongside Charles Hawes.