Bain Capital Deputy GC Jumps to Kirkland in Boston
In its seemingly never-ending quest for new lateral hires, the firm has brought aboard a longtime in-house lawyer and managing director at Bain Capital LP as a corporate partner in Boston.
May 11, 2018 at 04:25 PM
4 minute read
Kirkland & Ellis' lateral hire-fueled expansion spree has continued with the firm's recruitment of Ranesh Ramanathan, a longtime deputy general counsel at buyout giant Bain Capital LP, to beef up a rapidly expanding Boston office.
Ramanathan most recently served as general counsel at Bain Capital Credit, the fixed-income affiliate of the Boston-based global investment firm. He has now joined Kirkland as a corporate partner in Boston, where the firm set up shop a year ago this month in the city's Bay Back neighborhood.
“The last 10 years at Bain Capital have been an incredible experience, both professionally and personally,” said Ramanathan in a statement. “I'm also very excited about the next chapter in my career, getting back to private practice at Kirkland's growing Boston office, and contributing to enhancing the firm's finance offering for credit managers.”
Ramanathan, who was unavailable for an interview Friday, specializes in debt finance, distressed and special situations, alternative investments and credit fund transactions. He has spent the past 15 years in various in-house roles at investment firms, having previously spent a half-dozen years as an associate at Cleary Gottlieb Steen & Hamilton.
In 2004, Ramanathan joined Citi Alternative Investments at Citigroup Inc. as an associate general counsel, before joining Citi Private Equity as general counsel two years later. In 2008, Ramanathan left the investment bank to join Bain Capital as an associate general counsel. Over the next decade he would become deputy general counsel at Bain Capital and general counsel of Bain Capital Public Equity, the firm's public equity affiliate that was formerly known as Brookside Capital.
“[Ramanathan] is a talented finance and private investments lawyer with a valuable and unique perspective from his many years in-house at Bain Capital and Citi,” said a statement from Jeffrey Hammes, chairman since 2010 of Kirkland's 15-person global management executive committee. “His leadership advising on a broad range of complex transactions will bolster our debt finance practice, in particular, our special situations practice acting for credit managers, and benefit our global private equity client base.”
Kirkland's decision to open an office in Boston was part of a plan to tap into the city's market for top-tier private equity talent. In less than a year, Kirkland's office has grown to some 40 lawyers with notable lateral hires from Choate, Hall & Stewart, McDermott Will & Emery and Ropes & Gray that work with some of the firm's top private equity clients, including Bain Capital.
“I'm looking forward to continuing to work with Bain Capital Credit as a client at a very active and exciting time alongside my new Kirkland colleagues, many of whom I've known and worked closely with for several years,” Ramanathan added in his statement.
At Bain Capital, Ramanathan once led a European outside legal panel review for the firm's credit arm that saw Kirkland compete with Ropes & Gray and Ashurst for legal work, as noted by sibling publication Legal Week. Ropes & Gray and Kirkland have long competed on both sides of the Atlantic for work from Bain Capital and its affiliates.
Ramanathan's move to Kirkland sees him join former Proskauer Rose senior counsel Marguerite Lombardo, who became a Boston-based tax partner at Kirkland last month. Kirkland previously picked up a pair of former Proskauer private investments funds partners in Boston last summer.
The firm's new Boston office also made headlines again in March when a video of Jason Triplett, a manager of attorney training, recruiting and development at Kirkland in Boston, went viral of the former Proskauer associate acting as a Good Samaritan during a blizzard.
Kirkland overtook Latham & Watkins last year as the world's largest firm by gross revenue, thanks to the nearly $3.17 billion it took in during 2017. The American Lawyer has recently reported that Kirkland is poised to bring aboard two top corporate and private equity partners from DLA Piper in Chicago.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All'Further Investment in Power' Will Drive Big Law Business—But What About Clean Energy Projects?
6 minute readMorrison & Foerster Doles Out Year-End and Special Bonuses, Raises Base Compensation for Associates
Eckert Seamans Snags Reed Smith Global Financial Intelligence Director
3 minute readTrending Stories
- 1Call for Nominations: Elite Trial Lawyers 2025
- 2Senate Judiciary Dems Release Report on Supreme Court Ethics
- 3Senate Confirms Last 2 of Biden's California Judicial Nominees
- 4Morrison & Foerster Doles Out Year-End and Special Bonuses, Raises Base Compensation for Associates
- 5Tom Girardi to Surrender to Federal Authorities on Jan. 7
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250