U.S-headquartered firm Simpson Thacher & Bartlett has hired a London financial regulatory partner from Travers Smith, in the latest blow to the U.K. firm. Stephanie Biggs, who will co-lead the firm’s European financial services and funds regulatory team at Simpson Thacher alongside partner Owen Lysak, had been a partner in Travers’ financial services & markets department for eight years. Prior to that, she spent over seven years at Kirkland & Ellis, as well as stints at SJ Berwin and Macfarlanes. Biggs’ practice includes advising private funds, asset managers and financial institutions on European financial market regulations and transactions, handling a variety of matters such as structuring and marketing issues, and change of control and regulatory capital matters.
Commenting on her appointment, London managing partner and head of European funds Jason Glover said: ““Stephanie’s versatile experience makes her an excellent fit for our cross-practice team in London and further enhances our ability to provide asset managers with tailored, forward-looking advice amidst an increasingly complex global regulatory regime,”.