Miami Investment Startup Gains Paul Hastings Partner From Hong Kong
Bretton King joins Nexwell, a Miami-based investment company that focuses on solar power, smart home technology and other decarbonizing projects.
October 09, 2019 at 11:20 AM
2 minute read
Longtime Paul Hastings partner Bretton King in Hong Kong left the firm's Hong Kong office and relocated to Miami to move in-house, the latest in a string of partner departures in Hong Kong and China.
King joins Nexwell, a Miami-based investment company that focuses on solar power, smart home technology and other decarbonizing projects, as chief legal officer and managing director.
Nexwell was launched this year by Andreas Mustad and Pablo Pulido, the former chief executive officer and global business development head, respectively, of European solar power producer and J.P. Morgan subsidiary Sonnedix Group, which has a Coral Gables-based offshoot.
At Paul Hastings, King represented Sonnedix, and his practice focused on general corporate matters, mergers and acquisitions, and banking and finance.
In 2014, King represented Sonnedix in the establishment of a joint venture with J.P. Morgan Asset Management. The asset manager acquired the solar power producer in 2016, with Paul Hastings representing Sonnedix on the deal.
More recently, King and former Hong Kong partner Douglas Freeman advised Ping An ZQ China Growth Opportunity Ltd., an investment company backed by Chinese insurance giant Ping An Insurance (Group) Co. of China Ltd., on a $210 million investment in Nu Skin Enterprises Inc., a skincare product-maker based in Utah, in 2016.
King leaves Paul Hastings after more than 13 years with the firm. He joined Paul Hastings in 2006 as a partner from Milbank, where he was an associate in Hong Kong for almost six years. Previously, he was an associate at Skadden, Arps, Slate, Meagher & Flom for two years.
"We appreciate Brett's contributions to the firm and wish him well as he relocates to Florida to join with long-time clients in a growing alternative energy business enterprise," Hong Kong office chair Neil Torpey said in a statement.
Several partners have left Paul Hastings' Hong Kong office in recent years. The firm replenished its Hong Kong partnership with promotions and lateral hires from Morrison & Foerster and Troutman Sanders. The firm also lost partners in mainland China.
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