Weil Gotshal & Manges has secured the Barclay brothers as a trophy client after corporate partner Marco Compagnoni completed his first deal for the duo since joining the US firm from Lovells earlier this year.

Compagnoni has acted for the media tycoons on their £100m acquisition of the De Vere Cavendish hotel in London's Jermyn Street.

The deal, which closed on Friday (15 September), saw the brothers buy the four-star hotel from the Alternative Hotel Group, which recently bought the De Vere Group for £746m. DLA Piper real estate partner Karen Friebe advised De Vere on the transaction.