Baker Botts New York office manager switches to Akin Gump
Akin Gump Strauss Hauer & Feld continues to expand its investment funds practice in New York with the arrival of Terence Rozier-Bird from Baker Botts.
Rozier-Byrd, who most recently served as a partner in charge of the New York office of Baker Botts, works with fund sponsors in the creation and operation of private equity funds, venture capital funds , growth equity funds and hedge funds.
He also represents a wide variety of institutional investors in connection with their investments in private equity funds, venture capital funds, hedge funds, energy funds and hybrid funds. He also deals with the negotiation of separately managed account agreements, co-investments, direct investments in venture capital and growth stocks and secondary transactions.
Rozier-Byrd becomes the third partner to join Akin Gump’s investment management practice in New York in recent months. In April, the company added Brian Daley, partner of Schulte Roth & Zabel, and last week Akin Gump picked up John Hamilton from Stradley Ronon Stevens & Young.
Rozier-Byrd said during the pandemic he took an introspective look at where his practice was and where he wanted it to go. “I arrived this year without considering moving at all, but I’m here and I think it’s an opportunity I couldn’t pass up,” said Rozier-Byrd.
He said he was drawn to Akin Gump’s global fund platform, which will help him improve services for current clients and “nurture relationships with clients outside of who I was.” currently able to do ”.
At Baker Botts, which Rozier-Byrd joined in 2007 from Brown Rudnick, he served as a recruiting associate in his New York office as well as committees focusing on investment, emerging companies and capital risk. He was also vice president of Baker Botts’ African-American Affinity Group.
Rozier-Byrd “is a great addition,” Akin Gump Chairman Kim Koopersmith said in a statement.
“He is a valued leader who immediately improves our investor representation, our secondary activities and our fundraising work, all of which are particularly strong areas for us,” she said.
As the company continues to grow in the investment fund business, Rozier-Byrd “represents an ideal fit,” said Prakash Mehta, co-head of Akin Gump’s investment management practice, in a statement.
“He brings extensive experience in the fund industry, particularly investor-side representation, and a solid experience in the domestic private equity market which our clients will find extremely valuable,” said Mehta.
In addition to his recent hires in New York, Akin Gump has also expanded his team elsewhere in the United States. In Texas, the company added Wesley Williams, former head of the corporate and securities practice of Thompson & Knight, and Jessica Hammons in Dallas and Fort Worth as as well as business partners Jesse Betts and Cole Bredthauer, who have ran the Fort Worth office of Thompson & Knight.
The company also recruited Michael Vernick, head of the government contracts practice group at Hogan Lovells, Washington.