Global law firm Ropes & Gray has appointed Amanda Persaud as a partner in the funds practice in the firm’s 300-lawyer New York office.
Persaud’s practice focuses on the formation, fundraising and operation of private investment funds, including private equity funds, hedge funds, credit funds and other types of alternative asset funds.
She regularly provides counsel on a wide range of governance, operational and regulatory matters affecting sponsor clients. She frequently advises on significant business transactions such as purchases and sales of asset management businesses, spinouts and key person separations.
Persaud joins Ropes & Gray from Wachtell, Lipton, Rosen & Katz, where she served as head of its private investment funds practice.
“Amanda’s intelligence and the scope of her deep funds experience will be of great advantage to our diverse base of sophisticated clients,” says John Ayer, co-leader of Ropes & Gray’s private investment funds practice.
“We foresee that Amanda will play a prominent leadership role within our expanding practice in New York as we enhance our service offerings across a broader set of asset classes and grow client relationships,” says Matt Judd, co-leader of Ropes & Gray’s private investment funds practice.
“Joining a team that is highly regarded within the marketplace, with an exceptional platform and a premier global client base, is truly exciting,” says Persaud. “I’ve long known of the firm’s reputation as having a leading funds practice, and I am energised at the prospect of contributing my own leadership experience and capabilities as the firm increases its presence in New York.”
Ropes & Gray’s private investment funds practice has been ranked by Chambers Global for the last eight years as one of the world’s leading fund formation practices. The firm’s other accolades include rankings in the top bands of The Legal 500 and IFLR1000, and for three consecutive years, being named as “Law Firm of the Year” for private funds/hedge funds law by US News-Best Lawyers.
With more than 300 lawyers in New York, Ropes & Gray is one of the largest law firms in the city. Persaud is the sixth high-profile lateral partner to join the New York office in 2016.