Dean W. Sattler

Milbank, citing success with its M&A and private equity practices, is getting into PE fund formation, with the hire of Fried, Frank, Harris, Shriver & Jacobson partner Rami Turayhi, the firm said Thursday. Dean Sattler, the firm's U.S. global corporate and M&A leader, said fund formation and adjacent practices "are areas of growth" at Milbank. "Rami’s arrival is the first step in building a top-tier funds practice.” Turayhi advises sponsors and investment managers across strategies and industries, the firm said, including buyout, real estate, energy and infrastructure funds, funds-of-funds and single-asset funds. Scott Edelman, chair of Milbank, said in a statement that Turayhi has "extensive fund formation experience and a strong reputation for advising premier clients on sophisticated, market-defining work." He added that his arrival "positions us to support clients as fundraising structures and regulatory considerations continue to evolve.” Sattler and Turayhi declined to comment on whether the firm’s continued build will include other attorneys from Turayhi’s former firm. Both said they had high expectations for what the firm could do in 2026 in the funds space, especially as it pertains to the real estate, energy and infrastructure verticals. “Data centers, transportation, energy, when building out a funds practice, it is one thing to go in and broadly build one out,” Turayhi said. “But when you have a leading firm in these industry groups, it is different. And that is why this is a compelling offering.” Turayhi, who was a partner at Fried Frank for four years, said his reasons for moving were based on both Milbank’s reputation and changes he sees coming in the private equity funds space. “A lot of firms do work in the funds space, but Milbank was particularly compelling. Reputation was a key driver for both my current and future clients. I specialize in energy, infrastructure and real estate, areas of strength for Milbank. And those groups will have an outsized influence in the coming years," he added. A spokesperson for Fried Frank said the firm wishes Turayhi well in his future endeavors.

Jan 15

2 min

Milbank LLP is pleased to announce that Rami Turayhi has joined its New York office as a partner in the firm’s Corporate/M&A Group, with a focus on investment funds and asset management. “We warmly welcome Rami to Milbank,” said Milbank Chairman Scott A. Edelman. “Rami is a highly regarded practitioner with extensive fund formation experience and a strong reputation for advising premier clients on sophisticated, market-defining work. His arrival enhances the firm’s investment funds and asset management capabilities and positions us to support clients as fundraising structures and regulatory considerations continue to evolve.” Mr. Turayhi advises sponsors and investment managers across a diverse range of private equity and hedge fund strategies and industries, including buyout, real estate, energy and infrastructure funds, funds-of-funds, single asset funds, as well as family office and co-investment vehicles. His practice also encompasses US investment adviser formation and registration, the structuring of bespoke sponsor mechanics and carried interest arrangements, and the negotiation of funds-of-one and managed accounts to address complex commercial and investor considerations. “Rami brings a sophisticated and well-rounded funds practice, with deep experience advising sponsors and investment managers across a wide range of strategies,” said Dean Sattler, leader of the firm’s US Corporate/M&A Group. “His experience aligns seamlessly with our clients’ needs and enhances our ability to deliver fully integrated advice across fund formation, M&A and other complex transactions.” Milbank has significantly expanded its global corporate and M&A capabilities over the past few years, including the recent additions of partners Maurice Conway in Singapore; Jan Häller in Frankfurt; Evan Roberts in Los Angeles; Derek Winokur, Rick Presutti, Antonio Diaz-Albertini, Paul Bennett and Edward Lemanowicz in New York; a team of 30 attorneys in London including partners Jordan Simpson, James McClymont and Andrew Nuthall; partners Barbara Mayer-Trautmann and Markus Muhs in Germany; and partners Andrew Whan, Neeraj Budhwani, Davide Mencacci and John Bona in Hong Kong. “The opportunity to work alongside Milbank’s leading corporate, finance and industry teams is what drew me to the firm, and I am excited to help build out a full-service fund formation and investment funds offering for the firm’s sponsor and investor clients,” said Mr. Turayhi. “I look forward to working with colleagues across the firm to serve our clients as they develop their investment strategies and structures.” Mr. Turayhi earned his J.D. from Columbia Law School, where he was a Harlan Fiske Stone Scholar and a staff editor of the Columbia Business Law Review, and his M.A. and B.S.F.S., magna cum laude, from Georgetown University.

Jan 15

2 min

Milbank LLP Global Corporate/M&A partner and US Corporate/M&A Practice Group Leader Dean Sattler recently discussed the complexities of take-private deals and the current dealmaking environment with Law360. Read the full article, “In Volatile World, PE Attys Guide Complex Take-Private Deals,” here. A Law360 subscription is required.

Jun 4

1 min

Milbank LLP is pleased to announce that Evan Roberts has joined its Los Angeles office as a partner in the firm’s Global Corporate/M&A Group.~~“We are thrilled to welcome Evan to Milbank,” said Milbank Chairman Scott A. Edelman. “His significant experience advising private equity firms and their portfolio companies on M&A and corporate matters will be invaluable as we continue to grow our global private equity and M&A capabilities.”~~Mr. Roberts concentrates his practice in the areas of private equity, mergers and acquisitions, corporate securities and corporate governance. He represents buyers, sellers, and private equity funds and other investors in a variety of corporate transactions, including complex business arrangements, public and private mergers and acquisitions, joint ventures, leveraged buyouts, equity investments, restructurings and recapitalizations. His experience spans a wide range of industries including consumer products, energy and infrastructure, industrials and manufacturing, healthcare, technology, international franchises and financial services.~~“Evan is a highly regarded, dynamic lawyer with an established track record advising private equity sponsors,” said Dean W. Sattler, leader of the firm’s US Corporate/M&A Group. “His arrival will further strengthen our team’s global capabilities, and we are excited to work with him on our clients’ most complex transactions.”~~“We have significantly grown our global bench of highly regarded private equity M&A lawyers in recent years, and Evan’s arrival is an important step in the continued strategic expansion of our Global Corporate/M&A Group,” added Norbert Rieger, Chairman of Milbank’s Global Corporate/M&A Group.~~Milbank has significantly expanded its global corporate, M&A and private equity capabilities over the past few years, including the addition of partners Derek Winokur, Rick Presutti, Antonio Diaz-Albertini, Andrew Fadale, Paul Bennett and Edward Lemanowicz in New York; a team of 30 attorneys in London including partners Jordan Simpson, James McClymont and Andrew Nuthall; partners Barbara Mayer-Trautmann and Markus Muhs in Germany; and partners Andrew Whan, Neeraj Budhwani, Davide Mencacci and John Bona in Hong Kong.~~“Milbank is globally known for its commitment to substantive excellence and work on complex, sophisticated transactions,” commented Mr. Roberts. “I am thrilled to join the firm and work closely with this talented team of lawyers to continue serving clients at the highest level.”~~Mr. Roberts joins Milbank from Kirkland & Ellis, where he was a partner in the Corporate Group. He received his J.D. from University of California, Berkeley School of Law, and his B.A. from University of Washington.

Jan 29

2 min

Milbank LLP advised Xchange Alpha LLC in connection with its designation by the US Commodity Futures Trading Commission (CFTC) as a Designated Contract Market (DCM) under the Commodity Exchange Act. The CFTC’s order recognizes Xchange Alpha’s satisfaction of the statutory and regulatory requirements applicable to contract markets, including governance, compliance, financial resources, market surveillance and operational standards. As a DCM, Xchange Alpha is authorized to list and trade futures and other derivatives contracts on its regulated platform, subject to ongoing CFTC oversight. The designation represents a significant regulatory milestone for Xchange Alpha. The approval was granted in 204 days, including during a federal government shutdown, making it the fastest DCM approval on record, underscoring Xchange Alpha’s preparedness and commitment to operating a transparent, compliant and well-supervised derivatives marketplace within the US regulatory framework. The Milbank team was led by Litigation & Arbitration partner Joshua Sterling and special counsel Amanda Olear. The team also included head of Milbank’s US Corporate/M&A practice Dean Sattler and Corporate/M&A associate Richard Rowe; Litigation & Arbitration associate Brianna Borrelli; and Derivatives partner John Williams and associates Jessica Miller and Jasmynn Cobb.

Feb 4

1 min