Dechert LLP announced today that Dr. Kai Terstiege has joined the firm’s private equity team as a partner in the Munich office.
Dr. Terstiege focuses on mid- and large-cap private equity deals. He has many years of experience in advising clients across multiple industries, especially in the technology sector, and on cross-border M&A, venture capital financings, restructurings, and general corporate and commercial matters. Dr. Terstiege received a First State Exam from Humboldt University Berlin, a Ph.D. (Dr. iur.) from the University of Hamburg and a Second State Exam from Oberlandesgericht Hamburg before starting his career in Munich more than ten years ago.
Federico Pappalardo, co-managing partner of Dechert’s German practice, said, “With Kai’s depth of experience in private equity and M&A, he is an outstanding addition to our group. Private equity remains a key area of growth for Dechert, and we are thrilled to welcome Kai to the team.”
“We are extremely pleased to have Kai join our Germany team,” added Mark Thierfelder, firm co-chair-elect, chair of the firm’s corporate and securities group and chair of the global private equity practice. “His experience in corporate transactions will be valuable to our clients as we continue to work with leading PE firms and asset managers at the intersection of private equity, finance and alternative asset management in Germany and around the world.”
Commenting on his appointment, Dr. Terstiege said: “Dechert’s global presence and reputation as a market leader in corporate transactions and private equity drew me to the firm. I look forward to providing exceptional service to our clients. I am also delighted to be reuniting with trusted former colleagues who are now at Dechert.”
Dr. Terstiege’s arrival continues Dechert’s private equity expansion over the last two years, following the addition of partner Dominik Stühler, counsel Tobias Hugo and several junior lawyers in Munich, Sam Whittaker in London, David Cosgrove in Charlotte, Nicole Macarchuk in San Francisco, and Soo-ah Nah, Alon Goldberger, En-Min Chua, William Robertson and Nicholas Marchica in New York.
Recognized as an international powerhouse, Dechert’s private equity practice has been on a fast-track growth trajectory, advising more than 300 private equity and other private investment clients worldwide. The firm’s global team of more than 250 lawyers represents all types of private equity sponsors and other private investment firms, including sovereign wealth funds and family offices, and their portfolio companies, as well as institutional and corporate investors looking to invest in private equity funds. Recognized among the top law firms for private equity deals by Mergermarket’s “Global & Regional League Tables 2021 – Legal Advisors,” the firm was ranked #5 for U.S. Buyouts and #10 for Global Buyouts by deal value. Dechert has also been named a top private equity law firm by Bloomberg, Chambers and Partners, The Legal 500, The Deal, Law360, IFLR1000, Private Equity International, PitchBook, Preqin and JUVE.
