Hengeler Mueller has suffered a rare partner exit to Milbank Tweed Hadley & McCloy.
Steffen Oppenlaender will join Milbank’s Munich office, becoming a partner in the private equity team. The news was first reported on German website JUVE.
The Hengeler partner is currently based in London, where he relocated to in 2013 to help the firm cover private equity more extensively. Hengeler does not practise English law.
Oppenlaender has been with Hengeler for over a decade, joining from Simpson Thacher & Bartlett where he was an international associate.
His departure leaves Hengeler with two partners in London – corporate lawyers Martin Geiger and Daniel Kress.
The hire is Milbank’s second private equity lateral in the past nine months. Allen & Overy partner Michael Bernhardt joined at the end of last year.
While Bernhardt specialises in advising on mid-cap private equity deals, Oppenlaender will focus on large-cap transactions.
Private equity transactions on which he has advised include the 2015 sale of Armacell by Charterhouse to a consortium of Blackstone and Kirkby. He also worked on the acquisition of Wittur Group by Bain Capital the year before.
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