Global law firm Shearman & Sterling today announces the appointment of Phil Baynes as a Funds partner in London. Phil Baynes joins Shearman & Sterling from Weil, Gotshal & Manges LLP.
Phil has wide-ranging experience advising investment fund managers on the structuring, marketing, fundraising and operation of a wide range of private investment funds (including private equity, infrastructure, real estate and debt funds), co-investment schemes, carried interest arrangements and secondaries transactions.
“Phil brings deep expertise advising asset managers in relation to private funds which augments our existing strong offering in this area. His arrival is part of the ongoing expansion of our corporate and other transactional practices globally,” said David Beveridge, Senior Partner at Shearman & Sterling. “Phil’s appointment demonstrates the continued execution of our long-term strategy, which is focused on expanding core practice areas in key geographies, aligning with market opportunities.”
Commenting on Phil joining the firm, Ward McKimm, Europe Regional Managing Partner, said: “Phil’s appointment is part of our ambitious European growth strategy and his experience will be a great asset in strengthening our Funds offering in London. His practice has synergies with the firm’s private equity, M&A, leveraged finance, restructuring, financial services regulatory and tax practices. He will be an integral part of growing the team in London alongside John Adams.”
Phil Baynes added: “I’m excited to be joining a firm with such a robust reputation and global platform. I look forward to working with John and the teams throughout London and beyond to help further build on the firm’s considerable track record of success.”
Shearman & Sterling has continued to expand core practice areas with 31 lateral hires globally (including Phil) since January 2021. The firm has significantly grown its corporate offering in the last 12 months with the hire of partners Phil Cheveley and Maegen Morrison in London (M&A); Xavier Norlain, Jeremy Scemama (M&A) and Matthieu Lampel (Private Equity/M&A) in Paris; Christopher Zochowski and Bradley Noojin (Private Equity) in Washington, D.C.; as well as Wanda Woo in Hong Kong and Taylor Landry in Houston (Capital Markets).
