News in brief January 2022

IBLJ News in brief January 2022

Mayer gets banking partner

Soumitro Mukerji has joined Mayer Brown in its banking and finance practice as a partner in Singapore. He joins from Hogan Lovells in Singapore, where he was a counsel. Mukerji has 15 years of experience advising on complex banking and finance matters, including fund-level financing, leveraged and acquisition financing, general corporate financing and structured lending.

Mukerji regularly advises a wide range of market participants including banks, funds and corporate houses on their most complex financing transactions. Having previously worked in London, Mumbai and Singapore, he offers an international perspective on transactions.

CAM hires corporate

Akshay Bhargav has joined Cyril Amarchand Mangaldas (CAM) as a partner in its general corporate practice in Mumbai. Bhargav was previously with Khaitan & Co in Mumbai, where he was also a partner.

Bhargav has more than 13 years of experience advising clients on private equity and venture capital transactions. He has also advised clients on other corporate and commercial matters such as acquisitions, strategic alliances, foreign investment laws and general corporate laws.

IndusLaw takes transaction expert

Rohit Ambast has joined IndusLaw as a partner in the firm’s transactions practice in New Delhi. Ambast advises clients across corporate and commercial transactions, with a particular focus on domestic and cross-border M&A. His principal areas of focus are insurance, healthcare, financial services and education.

Prior to joining IndusLaw, Ambast was a counsel in the corporate & commercial practice group at Khaitan & Co.

McDermott advises on impact bond

International law firm McDermott Will & Emery advised the British Asian Trust in relation to the design and structuring of a first of its kind impact bond for improving the skills of young Indians and addressing the youth employment crisis, specifically for young women.

British Asian Trust, along with India’s National Skill Development Corporation and other leading partners in the sector, had launched the USD14.4 million skills impact bond on 26 October last year. The project aims to invest to support about 50,000 Indian youths, especially women and girls, with skills that translate into sustainable employment in sectors including retail, apparel, healthcare and logistics.

Pioneer promotes two

Pioneer Legal promoted two of its counsel, Anupam Shukla and Shoubhik Dasgupta, to partners in Mumbai. Shukla and Dasgupta joined Pioneer Legal in April 2019 as counsel, and as members of the founding team.

Shukla has extensive experience in private equity transactions and has worked on several investment deals including joint ventures and foreign investments. He has also developed expertise in the privacy and tech space, and will be heading the technology law practice of the firm. Dasgupta advises multinational clients, and funds both domestic and overseas, on private equity and M&A deals in the automobile, insurance and manufacturing space.