White & Case LLP opened an office in Madrid with the addition of partner Juan Manuel De Remedios, the former chairman of Latham & Watkins LLP’s corporate department in Spain. De Remedios, who will be joined by a local partner and a team of associates, will be the Madrid office executive partner.
The Alternative Investment Management Association, a lobbying organization that represents more than 1,300 hedge-fund firms, said Andrew Baker plans to step down as chief executive officer by the end of the year.
Kirkland & Ellis LLP and DLA Piper LLP worked on the deal to take private Active Network Inc., a company that manages online registration for marathons, business conferences and other events. Vista Equity Partners is buying Active for about $1.05 billion in cash.
The European draft rule to tighten hedge-fund regulations may hurt the industry in Asia as managers lose access to investors in the Europe Union, said Andrew Baker , who helms the industry’s largest trade group.