Key Takeaways
- • DLA Piper appointed Lars Jessen as partner in Frankfurt and Hamburg offices effective September 19, 2022, bolstering its Corporate practice group's private equity capabilities in Germany.
- • Jessen joined from Paul Hastings, where he was a partner in the private equity and M&A practice, representing a lateral move between elite global law firms in the German market.
- • Jessen brings specialized expertise in mid-market private equity, real estate private equity, cross-border M&A, restructurings, and distressed debt transactions across technology and life sciences sectors.
- • The hire strengthens DLA Piper's positioning in Germany's private equity market and signals competitive talent recruitment in Frankfurt's legal landscape for alternative investment counsel.
Summary
Jessen brings substantial transactional experience advising both institutional investors and portfolio companies on complex cross-border transactions, restructurings, joint ventures, and management participation models. His practice focuses primarily on mid-market private equity transactions, private M&A engagements, joint ventures, and real estate private equity investments across the technology and life sciences sectors. The partner also maintains expertise in opportunistic distressed debt investing and restructuring loan transactions, as well as distressed M&A advisory work.
Dr. Benjamin Parameswaran, Managing Partner of DLA Piper in Germany, characterized the hire as part of the firm's continued development in private equity. He noted that Jessen's international experience and specialization in real estate private equity would complement existing Frankfurt and Hamburg teams across practices. Jessen himself highlighted his intention to leverage DLA Piper's national and international resources to contribute to the firm's private equity practice expansion and market visibility.
The move reflects ongoing competition among elite international law firms for specialized private equity talent in Frankfurt, a primary financial center for German M&A and private capital transactions. Jessen's background in both growth capital and distressed situations positions DLA Piper to serve broader segments of the alternative investment community across multiple deal lifecycle stages.
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