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Foley adds private funds partner in Boston

Foley & Lardner has appointed Matthew McBride as a partner in the firm’s Fund Formation & Investment Management Practice Group in Boston. 

McBride comes to Foley from Proskauer Rose LLP, where he was a partner in the Private Funds Group.
McBride focuses his practice on representing investment managers in all aspects of their business, with a particular emphasis on representing private equity sponsors in connection with the establishment of private investment funds, fundraising activities, structuring of management company and in-house arrangements and regulatory, compliance and governance matters. He has extensive experience advising sponsors across various strategies, including buyout, growth equity, venture capital, private credit, funds-of-funds and secondary funds. McBride has represented sponsors ranging from first-time and emerging managers to some of the largest and best-known sponsors of private equity funds. In addition, he has worked with family offices in the formation of investment vehicles, in-house agreements, incentive compensation plans and their investment activities.
“Matt brings a wealth of knowledge to the table that will boost Foley’s capabilities for providing high-level service to fund formation clients,” says Thomas Hickey, chair of the firm’s Fund Formation & Investment Management Practice. “Matt’s extensive experience working with diverse levels of sponsors further strengthens Foley’s capabilities in sponsor-side representation with a focus on middle-market sponsors. He’s an excellent addition to the team.”
In addition to a core practice of fund formation, McBride has assisted clients with a wide array of other matters, including managing company restructurings, hiring and separations, incentive compensation plans, retirement and succession planning, joint ventures and other strategic transactions. He has also represented sponsors in connection with GP-led restructuring, strip sales and affiliated recapitalisations.
“Matt’s addition is the latest in a string of high-caliber talent we have attracted to broaden our service offerings in the Boston office. We have expanded the office by 22 lawyers over the past two years, including the additions of Partners Stephen Meli, Katharine Beattie and Jamie Class,” says Susan Pravda, managing partner of Foley’s Boston office. “Foley’s Boston office is home to our Fund Formation & Investment Management Group, which has grown to approximately 50 attorneys nationwide. Matt is an excellent addition to the team as we continue to expand our private fund capabilities and our presence in the Boston market.”
“Foley’s superb national platform, coupled with its collaborative and entrepreneurial culture, is an excellent fit for me both professionally and personally as I continue to expand my practice,” says McBride. “I’m excited to join such a highly regarded team of lawyers and look forward to contributing to the firm’s ongoing success.”

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