Norton Rose Fulbright Adds High-Profile Funds Partner in New York
Event summary
- Richard Madris joins Norton Rose Fulbright as a partner in the funds and asset management group in New York.
- Madris has advised on over $25 billion in privately-held investments throughout his career.
- He previously led the infrastructure funds practice at Stroock and later moved to Hogan Lovells.
- Madris is known for creating JPMorgan’s Infrastructure Investments Fund, a leading global infrastructure fund.
- Norton Rose Fulbright’s global funds and asset management team consists of over 100 lawyers.
The big picture
The hire of Richard Madris underscores Norton Rose Fulbright’s strategic focus on expanding its investment funds and asset management offerings, particularly in New York. This move comes at a time when the asset management landscape is evolving rapidly, with increasing complexity in fund structures and regulatory environments. Madris’s extensive experience in fund formation and transactions, particularly in real asset funds, positions Norton Rose Fulbright to better serve sophisticated financial services providers and institutional players.
What we're watching
- Market Positioning
- How Norton Rose Fulbright’s addition of Madris will impact its competitive standing in the funds and asset management space.
- Client Retention
- Whether Madris can bring significant client relationships from his previous firms to Norton Rose Fulbright.
- Innovation in Structures
- The pace at which Norton Rose Fulbright can leverage Madris’s expertise to develop new fund structures and products.
