US private equity house Apollo has carried out a review of its UK legal advisers, with Travers Smith on the roster for the first time alongside Slaughter and May, Ashurst and the London arm of Sullivan & Cromwell.

While Apollo has no formal panel, it carries out regular reviews of the firms it uses. The buyout house's global chief counsel John Suydam was in London last month to carry out the review.

Travers' mandate will see the City firm act as Apollo's primary regulatory adviser in the UK. The firm will also do some transactional work for the private equity house, while Ashurst has retained its position as a key adviser on insolvency work.