Key Takeaways
- • Dechert LLP has added Adnan Bekdur as a partner in its corporate and securities practice, establishing a dedicated corporate presence for the firm in Dubai, according to the firm's announcement.
- • The hire strengthens Dechert's Middle East offering, specifically its M&A, private equity and sovereign wealth fund capabilities in the region.
- • Bekdur is the latest of more than 50 lateral partners Dechert has welcomed so far this year.
- • Dechert has advised sovereign wealth funds for more than 20 years and private capital clients for more than 40 years, with a globally integrated team of more than 500 lawyers.
Summary
Bekdur advises global funds, corporates and alternative capital managers on a broad range of corporate transactional matters. According to the firm, he draws on more than a decade of experience in both the United Kingdom and the United Arab Emirates and has a track record of guiding clients through complex cross-border transactions. He also has experience advising sovereign wealth funds and understands their structures, sensitivities and objectives.
The firm said it has been a trusted advisor to some of the largest and most active sovereign wealth funds for more than 20 years, and that Bekdur joins a multidisciplinary team working across the United States, Europe, the Middle East and Asia on sovereign wealth fund mandates. Mark Thierfelder, co-chair of Dechert, cited Bekdur's understanding of the Gulf Cooperation Council and his relationships with sovereign wealth funds, regional private equity and alternative capital investors. Ken Young, co-chair of Dechert's corporate and securities practice, said Bekdur would help the firm win and execute complex cross-border transactions across the Middle East.
Bekdur is the latest of more than 50 lateral partners Dechert has added this year, reflecting its strategic goal of strengthening capabilities across its areas of excellence, including mergers and acquisitions, capital markets and securitization, finance and restructuring, investment management and litigation. The Dubai office, which has advised clients from the Dubai International Financial Centre for more than a decade, offers private equity, investment funds, finance, Islamic finance and capital markets advice.
The firm states it has advised private equity firms for more than 40 years and private credit clients for more than 30 years, with a globally integrated team of more than 500 lawyers across the U.S., Europe, Asia and the Middle East. Dechert says it advises approximately 350 private capital clients and more than 80% of Private Debt Investor's top 100 private credit firms, and it has been ranked among the top law firms for U.S. and Global PE Buyouts and Global M&A by Bloomberg, LSEG and Mergermarket.
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