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Reed Smith adds funds partner to NYC corporate practice

Law firm Reed Smith has appointed Parik Dasgupta as a partner in the firm’s global corporate group in New York.

Dasgupta was most recently a partner in the New York office of King & Wood Mallesons (KWM). 
 
The addition of Dasgupta complements Reed Smith’s addition of 50 former KWM attorneys who joined its London, Munich, Frankfurt and Paris offices in January. 
 
“Parik’s practice is a great fit for our corporate group and, in particular, our strong and growing funds practice. His high-end fund formation experience in connection with private equity and venture capital funds is a perfect addition to our existing practice,” says Matt Petersen, co-chair of the firm's global corporate group. “We have an outstanding funds team, headed by Jim Mercadante and Sandra Poe, which has many synergies with Parik’s practice. Parik also worked closely with many of the KWM attorneys who joined us earlier this year in Europe. We also recently enhanced our West Coast funds team with the addition of Scott Smith in San Francisco. All of these connections will be invaluable to us as we further grow our fund capabilities locally, nationally and globally.”
 
Dasgupta’s practice focuses on the commercial, legal and regulatory issues associated with private equity and venture capital fund formation. He regularly acts for managers and investors covering a wide range of funds, incentive schemes and co-investment arrangements. He advises non-US investment advisers on the extraterritorial applications of the Investment Advisers Act of 1940 and Investment Company Act of 1940. 
 
Dasgupta began his legal career at Mayer Brown in New York and later moved to Kirkland & Ellis. Dasgupta also practiced law in Singapore and London for several years, before returning to the US to launch the US fund formation practice for KWM.
 
“We continue adding high-level talent to our New York office,” says Cindy Minniti, managing partner of Reed Smith’s New York office. “Parik will be valuable in helping us manage the recent growth in our private equity / venture capital sponsor-side fund formation practice, which in part is due to our stellar Impact Investing practice, and fuel continued growth.”

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