Dechert said Thursday that former Schulte Roth & Zabel partner Omoz Osayimwese had joined its global private funds practice, the fifth addition to the group in the past 12 months.

Osayimwese, a partner based in New York, said in an interview that Dechert reached out to him and he was motivated to join the firm because of its global presence. While Schulte Roth is well-regarded and known for its work with hedge funds, he said, the overwhelming majority of its lawyers are in New York. With Dechert’s overseas infrastructure, he said, there’s less need to bring in other firms for work in places such as Luxembourg and Ireland.