Proskauer Rose, an international law firm with more than 750 lawyers worldwide, has announced that a prominent group of private equity lawyers, led by Daniel Schmidt and Olivier Dumas, hav
Proskauer Rose, an international law firm with more than 750 lawyers worldwide, has announced that a prominent group of private equity lawyers, led by Daniel Schmidt and Olivier Dumas, have joined the firm’s Paris office and global private investment funds group.
The founder of Paris-based SGDM, Schmidt focuses on investment fund, venture capital, merger and acquisition, and restructuring matters for a range of clients from established venture capital and investment fund players to start-ups.
He also specializes in taxation issues relating to investment funds and is the author of Venture Capital Trusts and Investment Trusts: Legal and Tax Principles and Venture Capital Companies Tax Aspects.
Dumas, who has been working with Schmidt for nearly 10 years, specialises in private equity transactions and fund formation in addition to transactional work. They are joined by Mireille Mull-Jochem, Arielle Halimi and Estelle Piazza.
‘We are proud to welcome Daniel and Olivier’s group to the firm,’ says Proskauer chairman Allen I. Fagin. ‘They have long been a leading presence in the European private equity and venture capital worlds and their addition continues our expansion in the region and the growth of our global private investment funds practice, a cornerstone of the firm’s strategy.’
Yasmine Tarasewicz, head of Proskauer’s Paris office, adds: ‘Daniel and Olivier are an exciting complement to our already robust Paris corporate practice, led by Delia Spizer and Guillaume Kellner. We are excited to capitalise on their experience and reputation in the field.’
Says Schmidt: ‘Proskauer Rose has a first-class reputation in the private equity market, with internationally recognised lawyers and clients. I look forward to working with them to grow and expand the practice in Europe.’
Schmidt has served as president of the code of ethics committee of AFIC, the French private equity association, was a contributor to the drafting of the AFIC and AFG-ASFFI code of ethics, and has been AFIC’s representative to the Financial Markets Authority and to the country’s Finance Ministry regarding the regulation of the private equity in France.
The addition of Schmidt and Dumas in Paris is the expansion of to Proskauer’s services to the private equity community. Last year the firm’s private investment funds group represented sponsors in closing 83 private equity funds with USD24.4bn in committed capital and closed more than 450 investments in private equity funds representing more than USD16.5bn.
Founded in 1875, Proskauer is one of the largest US law firms, providing a wide variety of legal services to clients throughout the US and internationally from offices in New York, Los Angeles, Washington DC, Boston, Boca Raton, Newark, New Orleans, Paris and, most recently, São Paulo.
