Movers & shakers: Sept. 23, 2013 - Movers & shakers(The Deal Pipeline)

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Movers & shakers

Lisa Ledbetter

Ben Lawsky

Heath Lukatch

Michele Park

Jonathan Skinner

Virginie Maisonneuve

Brian Schreiber

Amish Barot

Movers & shakers: Sept. 23, 2013

by Baz Hiralal

Simon Warshaw, who led the UBS team advising Vodafone Group plc on the $130 billion sale of its Verizon Wireless stake to Verizon Communications Inc., has left the bank to start "a new chapter in his career." He was named co-head of investment banking alongside Matthew Grounds in March 2011. In November, Warshaw moved into a corporate client solutions role as the new investment banking boss Andrea Orcel (formerly of Bank of America Merrill Lynch) reshuffled management of the business and the bank scaled back from fixed income, while cutting 10,000 jobs.

Earlier, Warshaw was co-head of investment banking for Europe, the Middle East and Africa, a role he took in September 2007.

In 1986, Warshaw joined SG Warburg, which was acquired by Swiss Bank Corp. in 1995, creating SBC Warburg. Two years later, it merged with U.S.-based Dillon, Read & Co., creating Warburg Dillon Read, which became UBS Warburg in 1998 after Swiss Bank Corp. combined with Union Bank of Switzerland. The UBS Investment Bank name was branded in 2003 when Warshaw became co-head of investment banking for the U.K. after building up and then running the global media group in the 1990s.

Brookfield Asset Management Inc. hired Jay Cornforth as global head of its industrial property business. He joins the Brookfield Property Group unit as a managing partner based in New York.

Cornforth joined Brookfield after 10 years with Prologis and AMB, where he was most recently president of the east region responsible for development, acquisitions and property operations of operating assets in Atlanta, Baltimore, Boston, Toronto and Washington, in addition to New Jersey, eastern Pennsylvania and central and south Florida.

Standard Chartered Bank plc named David Fein as group general counsel, reporting to CEO Peter Sands. Fein had been U.S. Attorney for the district of Connecticut, having been confirmed by the Senate in 2010.

He was appointed vice chair of the U.S. Attorney General's advisory committee's white collar crime subcommittee, and created the Connecticut Securities Commodities and Investor Fraud taskforce. Fein was previously a partner at Wiggin and Dana LLP and served as associate White House counsel under President William Clinton. He was previously a senior manager in the international division at the Bank of England.

Also, Jean Moorhouse will join Standard Chartered as head of group Prudential regulatory affairs from the U.K.'s Prudential Regulation Authority. She will report to Richard Meddings, group finance director. Moorhouse will manage Standard Chartered's relationship with the PRA, which she has been working with since it was established in April.

She was lead supervisor for Lloyds Banking Group plc. Moorhouse will arrive on Nov. 25.

Paul Sharma, deputy head of the Prudential Regulation Authority and executive director at the Bank of England for policy, will leave BOE after 20 years as a regulator. He will become co-head of Alvarez & Marsal Holdings LLC's regulatory practice.

Prior to the formation of the PRA in April, Sharma was the director of Prudential policy at the Financial Services Authority, which he joined in 1999 and, prior to that, was a specialist insurance regulator, auditor and consultant at the Department of Trade and Industry and at Ernst & Young Global Ltd., respectively.

The PRA was created by the Financial Services Act in 2012 and is part of the Bank of England. It works alongside works alongside the Financial Conduct Authority (not part of BOE) and regulates 1,700 financial firms.

Jones Day said Lisa Ledbetter joined as a partner in the firm's financial institutions litigation and regulation practice in Washington. She arrives from the Washington office of Dentons, where she was a partner in the financial institutions regulatory group. Inc. senior corporate counsel Jared G. Jensen joined Goodwin Proctor LLP as a private equity partner in San Francisco. Prior to Amazon, Jensen was a partner with Kirkland & Ellis LLP and an attorney with Davis Polk & Wardwell LLP.

Katten Muchin Rosenman LLP enlisted real estate attorney Michael S. McBride as partner in New York. McBride was with Strategic Asset Services of H/2 Capital Partners LLC, a commercial real estate credit fund manager, where he was head of the legal group that served the affiliated group companies.

Previously, McBride was U.S. general counsel and managing director at Hypo Real Estate Group. He began his career in the real estate group of Shearman & Sterling LLP.

Qian Huang joined Pillsbury Winthrop Shaw Pittman LLP as an intellectual property partner. She was with Dentons since 2011.

Litigator Georg M. Berrisch, specializing in competition law, state aid and trade matters in the European Union, joined Baker Botts LLP as a partner in the firm's Brussels office. Berrisch was a partner at Covington & Burling LLP.

Clippings from the next column:

-- Peter Horrell becomes CEO of Barclays plc's wealth and investment management business.
-- Houlihan Lokey Inc. plans to expand its illiquid financial asset practice; hires Dilip Awtani.
-- Focus Financial Partners LLC hires from Goldman, Sachs & Co.; HighTower Advisors; McKinsey & Co.; and Vinson & Elkins LLP.


Jones Day said Lisa Ledbetter joined as a partner in the firm's financial institutions litigation and regulation practice in Washington.