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K&L Gates has completed the hire of a three-partner London team from Sidley Austin, in a major boost for the U.S. firm's City finance practice.
The arrival of Theresa Kradjian this month sees her reunited with Matthew Duncan and Paul Matthews, both of whom joined K&L Gates earlier this summer.
The trio worked together at Sidley and were hired as a team. Duncan was made up to partner at the U.S. firm in 2004, while Kradjian and Matthews were promoted in 2007.
London chief Tony Griffiths cited particular expertise in the group that K&L Gates had been keen to add to its City finance capabilities, pointing to Kradjian's trans-Atlantic experience in capital markets and securities, Duncan's knowledge of residential mortgage-backed securities, and Matthews' work in derivatives.
Griffiths said: "The growth of our London commercial mortgage-backed securities structured finance capability has made a significant contribution to the office's 18 percent revenue growth over the past two years."
K&L Gates' structured finance practice was one of the top performing sectors for the firm during 2011, and a main driver behind the London office's 10 percent revenue growth to £33 million. The firm also opened bases in Brussels, Doha and Sao Paulo over the course of the year.
