The partners of global law firm K&L Gates LLP and Luxembourg firm Volckrick and Associates have voted to combine firms, effective 1 July.
The combination gives K&L Gates its eighth office across Europe and 46th worldwide and continues a “strategic growth trajectory” for the firm that recently also has included the opening of a Nashville office with more than 30 lawyers earlier this year and the hiring of more than 80 partners across the firm’s global platform since January 2020.
The firm announced that as a result Volckerick partner Mathieu Volckrick, counsel Jan Boeing, and associate Adam Paschalidis will join K&L.
Together they focus their practice largely in the asset management, investment funds, real estate, and private equity areas while also advising on matters in a wide range of other practices, including banking and financial services, corporate/M&A, bank lending and securitization, insurance, and insolvency and restructuring.
They assist clients on business and financial law matters both in and outside of Luxembourg, including regularly advising on cross-border transactions throughout Europe and other continents.
K&L Gates’ global managing partner Jim Segerdahl said: “It is a pleasure to welcome Mathieu and his team to K&L Gates as they assist us in launching an office in Luxembourg, a critical center for financial services and other practices.
“Our Luxembourg office is an important link for the firm’s offices and clients throughout Europe, as well as across our global platform. This initiative is another step in the firm’s client-centered growth focusing on key practices, industries, and markets.”
As a primary point of entry for inbound investment and fund structuring for Continental Europe and U.S. offshore private equity funds and the main center for the formation of private equity and real estate funds globally, K&L added that Luxembourg offers “significant opportunities” for its asset management and investment funds and private equity practices and its clients around the world.
Volckrick added: “We are delighted to join K&L Gates and look forward to helping grow their capabilities in Luxembourg. With its stellar reputation advising the investment funds and asset management industries, K&L Gates is a perfect match for us.
“The firm has seen impressive growth in Europe in recent times, offering an ideal platform to advise real estate and private equity clients in Europe and beyond. Our intention is to continue growing the Luxembourg practice with high caliber hires in the coming months, and leverage on the capabilities, reach, and resources of the wider K&L Gates team.”