Freshfields Bruckhaus Deringer’s Adrian Maguire is understood to be joining his former boss David Higgins at Kirkland & Ellis, over a year after the US firm made a concerted push to expand its corporate credentials in the City.
In doing so, Maguire will join his former private equity colleague David Higgins who made the move to the US firm at the end of 2017 for a reported $10m. Maguire was promoted to the magic circle partnership in 2008, but has been with the firm his entire career.
The Lawyer’s feature on private equity in the City took an in-depth look at Freshfields’ practice, widely regarded as the premier team in London. It was spearheaded at the time by Higgins and Maguire, who both act for a wide array of clients such as Carlyle, Cinven, CVC and Hellman & Friedman.
The group was still seen to be dominant in the sphere in spite of Higgins’ exit, with partners such as Charlie Hayes, Victoria Sigeti and and Tim Wilmot holding the fort. Hayes for instance advised CVC on its minority investment into Premiership Rugby last December, while Maguire, Sigeti and Christopher Davis represented Cinven on a deal opposite Higgins last April.
Maguire, who was on sabbatical for the majority of last year, is thought to have been on Kirkland’s watchlist for many years. It is understood that he resigned yesterday.
A Freshfields spokesperson said: “Adrian has been a valued friend and colleague over the course of his career with us and we wish him all the best in his new role. We have had a phenomenal year advising clients in 2018, and the strength and depth of our private equity practice is second to none. Adrian’s departure does not change that.”
Kirkland was approached for comment.