Shearman & Sterling announced that Tim Sheddick and Katie Hicks will join the firm as partners in the Project Development & Finance practice based in London.
"We are delighted to welcome Tim and Katie to the firm," said Shearman & Sterling’s Senior Partner David Beveridge. "With their focus on the infrastructure fund business and relationships with top-tier sponsors, Tim and Katie will be an excellent addition. They are an important part of our strategic global growth plan and we look forward to continuing our expansion in the coming year.”
Nick Buckworth, Global Head of Finance, added: “Tim and Katie present a unique opportunity to establish a market-leading infrastructure funds practice in London, complementing our pre-eminent U.S. business. They have unparalleled client relationships, transactional experience and sector knowledge that will enable us to continue to offer the best possible service to our clients. There is very strong demand for infrastructure assets and they bolster our capability to advise sponsors and lenders in this area.”
Commenting on the appointment, Matthew Reading, London Office Managing Partner, said: “Tim and Katie’s arrival is an exciting hire for the London office.”
These latest hires bring the total of Shearman & Sterling new lateral partner appointments globally to 22 this year.