Our City office continues to positively contribute to the firm’s financial trajectory. We continue to build our reputation in London and strengthen our existing global practices with a series of strategic and prominent London hires, who have already delivered outstanding successes for our clients.
Arun Srivastava, who joined from Baker McKenzie to lead our regulatory, fintech & payments practice, has supported our leading funds, finance and corporate practices on series of transactions including the $1 billion acquisition of Intelenet. Anu Balasubramanian joined from DLA Piper to expand our private equity offering in London, and has already completed a series of transactions for client Abry Partners, who followed her to Paul Hastings.
M&A heavyweight Roger Barron also joined from Linklaters, and privacy and cybersecurity partner Sarah Pearce joined from Cooley. Previous hires also continue to go from strength to strength, including being named the top global CLO counsel for 2018 by Creditflux magazine.
Critical to our success has been the strong fabric of our culture. We attract, retain and promote extraordinary talent; preeminent partners in their fields who are energetic, dynamic, and who share our commitment to our clients. We strive to excel in specialist areas and have concentrated our growth in London in practice specialisms that are accretive to our overall global strategy; these key practice areas include finance/structured credit, corporate M&A/real estate, restructuring, private/credit funds and private equity (see attached summaries). Our dynamic and entrepreneurial work environment encourages our focus on building close client relationships and developing our talent in a diverse and inclusive way so we are seen as trusted advisors.
In the past five years, the London office has more than doubled in both headcount and revenue. The London office plans to build on the blocks of success set down in recent years, continue growth in size, revenue, and per partner profits, and expand our reach in our core business areas with the strategic hire of exceptional partner talent. Our confidence in our London offering is reflected in the firm’s much-discussed move to the top floors on the elite new 100 Bishopsgate development later this year, sharing the building with Jeffries, Royal Bank of Canada, and Freshfields.