Mr. Ross will join Sidley from his position as Group General Counsel of London-based Man Group PLC, the world’s second largest hedge fund manager. Before arriving at Man in 2004, Mr. Ross was co-head of the Private Funds Group of a Magic Circle law firm.
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"Stephen is well-known and respected in asset management circles, and will be a great addition to our existing team of funds lawyers," said Bruce Gardner, co-head of the London Investment Funds group. "I look forward to working with Stephen and to the value Stephen will add, not only to our practice in London but overall to our internationally recognized global asset management practice."
Mr. Ross brings to Sidley a deep knowledge of the business of asset management. During his 10-year tenure with Man, he held several key leadership positions. He was a member of Man’s Executive Board throughout his entire time there and held a number of senior roles, including Global Head of Product Structuring & Financing and Head of Product Operations. He became Man’s first general counsel in 2007. In 2010, after Man acquired GLG, a leading multi-strategy global investment manager, Mr. Ross also took over responsibility for Man’s regulation/compliance function and was appointed Chairman of the firm-wide Risk Committee. In 2011, Man’s 100-member legal team was named Legal Week’s Legal Department of the Year.
"We are delighted Stephen has decided to join Sidley," said George Petrow, Managing Partner of the firm’s European region. "Given his broad experience at Man, Stephen will bring to our clients a specialized knowledge of the asset management business that very few lawyers in private practice have."
"Stephen will be a great addition to our talented team of funds lawyers," added Mike Schmidtberger, Managing Partner of Sidley’s New York office and co-head of the global Investment Funds practice. "His virtually unique level of experience will make him a particularly valuable resource for our clients."
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By GlobalData"I am delighted to be joining Sidley," said Mr. Ross. "The firm has a real depth of expertise and credibility internationally in my practice area, and this creates the ideal platform for my return to private practice. I am excited at the prospect of providing clients with the benefit of my mix of private practice and in-house experience."
