What's Happening?
Proskauer, a prominent law firm, has announced the addition of Josh Frankel as a partner in its Private Funds Group and Secondary Transactions and Liquidity Solutions practice in New York. Frankel brings extensive experience in private capital and secondaries
markets, having previously served as a Managing Director at a secondary advisory firm. His expertise includes complex secondary transactions, continuation funds, and structured liquidity solutions. Frankel's move to Proskauer is expected to enhance the firm's capabilities in handling sophisticated financial transactions.
Why It's Important?
The recruitment of Josh Frankel underscores Proskauer's commitment to strengthening its position in the competitive legal market, particularly in the area of private funds and secondary transactions. Frankel's expertise is likely to attract new clients and expand the firm's service offerings, benefiting its business growth. This move reflects broader trends in the legal industry, where firms are increasingly focusing on specialized practices to meet the evolving needs of clients in complex financial sectors. The addition of experienced professionals like Frankel can significantly impact a firm's reputation and market share.
