Law firm Nixon Peabody today brought some fresh blood into a leadership role in its investment funds practice. John Koeppel has been appointed from within the company to lead the group, succeeding Charley Jacobs, who remains in the firm’s fund formation group and continues to be involved in developing the firm’s Paris office. I spoke with Koeppel briefly about what’s keeping his group busy in a barren fundraising landscape.
What is keeping you busiest these days? I can’t imagine it’s fundraising. Or new fund formation for that matter.
We’re still counseling clients on timing for fundraising, and dealing with day-to-day regulatory things. A number of clients are active in the secondary market. We have a few looking to exit investments, and we have a few looking to grow their portfolios, and a few are looking to come out of their investments in early 2010, so we’re giving them the lead time to take to get out of those.Continue