Home Private Equity Fried Frank Swoops On Travers Smith For London Private Equity Partner

Fried Frank Swoops On Travers Smith For London Private Equity Partner

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James Renahan, Travers Smith. Courtesy Photo.

A senior private equity partner at Travers Smith has left the firm in London.

According to a person with knowledge of the hire, James Renahan has joined U.S. headquartered Fried Frank Harris Shriver & Jacobson, after just over 20 years with Travers Smith.

Renahan became a partner in 2011 according to his LinkedIn profile. He sits on the firm’s international board, and helps to set the firm’s international strategy and develop relationships with overseas firms.

He is a member of Travers’ private equity and financial sponsors group.

In 2019, he told Law.com International that his career in law had come about by “accident”, saying: “I fell out of school into a law degree, as I had no idea what I wanted to do as career and it felt like a degree that kept my options open.”

The hire follows the departure of a three-person private equity team from Fried Frank to Ropes & Gray in London in April this year. The team consisted of European private equity head, Dan Oates and two other private equity partners: Simon Saitowitz and Angela Becker.

In 2021, private equity stalwart Paul Dolman made the move from Travers Smith to Latham & Watkins in London. The move—which was the subject of much reaction at the time—was widely seen as a blow to Travers’ private equity practice.

In May, Fried Frank said that its London managing partner Mark Mifsud was taking a six-month sabbatical, and would return to the position in January 2023.

In the meantime, the position has been taken up by partner Ashar Qureshi, who joined the firm in 2018.

Travers Smith said in a statement: “Travers Smith is proud to have one of the leading asset management and private equity practices in the market. Whilst we will be sorry to see James Renahan go, and wish him all the best for the future, we will continue to work with our global client base, helping them achieve their goals.”

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