Practice by city · November 2026

Funds & Investment Management in London: lateral monitor

Lawyers who changed firm in Funds & Investment Management in London over the last 12 months, set against the practice and the city as a whole.

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01 The numbers

The last 12 months: November 2025 to October 2026

90
Lateral moves, 12 monthsNovember 2025 to October 2026
0.0%
Year on yearSettled 12-month windows
28.9%
Partner share of moves
38
Firms that hired
02 Reading the data

What the data show

From November 2025 to October 2026, Sartori & Partners recorded 90 lateral moves in Funds & Investment Management in London, 15.2% of the practice's moves. On settled windows the count went from 96 to 96 (0.0%), which we read as flat. The market as a whole moved +9.0%, so this flow lagged it.

Funds & Investment Management in London against Funds & Investment Management, London and the market
MeasureHereFunds & Investment ManagementLondonMarket
Partner share of moves28.9%36.7%29.3%27.7%
Counsel share of moves8.9%11.1%9.1%12.7%
Associate share of moves62.2%51.7%60.4%58.5%
Moved up a level10.0%11.4%11.5%12.9%
Changed city8.2%20.4%15.2%20.5%
Hired by firms of 1,000+ lawyers75.6%75.8%68.5%53.6%
Year on yearflat (0.0%)rose (+23.7%)flat (-2.5%)rose (+9.0%)

12 months to October 2026 unless the row says three years; a row switches to three years for every column when this page's 12-month value is not published. A dash is a value we do not publish. Flat means a change under 5% or inside the noise of the two counts.

Set against the Funds & Investment Management practice as a whole, the share who changed city stands out most: 8.2% here against 20.4%, below it. Against all moves in London, the widest gap is the share hired by firms of 1,000+ lawyers, which is higher here: 75.6% against 68.5%. Year on year it held flat while the Funds & Investment Management practice as a whole rose.

Funds & Investment Management in London: lateral moves by year

2026 runs to October.

Over the three years to October 2026, 279 lawyers moved in Funds & Investment Management in London, 81 of them partners (29.0%). They joined 66 different firms. 9.3% stepped up a level on the move and 11.5% changed city, against 12.3% and 21.6% across the market over the same three years. 74.7% came from firms with 1,000+ lawyers.

With partners at 28.9% of arrivals, the mix is in line with the market's 27.7%. Year on year partner moves alone held level (27 to 27 on settled windows, 0.0%). A step up in title came with 10.0% of moves (market 12.9%).

38 firms hired at least one lateral in Funds & Investment Management in London in the window. Ten firms account for 56.7% of arrivals, against 12.9% across the market: concentrated. Kirkland & Ellis ranks first by lateral arrivals, in the 6-10 band.

The practice accounts for 6.9% of all lateral moves in London. Over the three years to October 2026, 60.6% of movers came from another firm in London itself. A change of city came with 8.2% of moves (market 20.5%).

For a firm planning a hire in Funds & Investment Management in London, a flat market means candidates are not being pulled by a wave: the case for a move has to come from the platform.

03 Firms

Firms by rank and band

Each firm appears as a rank and a band, never an exact count, and only with at least 10 moves in the window.

Firms ranked by lateral arrivals, 12 months
RankFirmMoves (band)
1Kirkland & Ellis6-10
2Proskauer Rose6-10
3Macfarlanes6-10
4Simpson Thacher & Bartlett3-5
5Weil Gotshal & Manges3-5
6Paul Hastings3-5
7Ropes & Gray3-5
8Stephenson Harwood3-5
9DLA Piper3-5
10Mayer Brown3-5
04 Demand

Deals in Funds & Investment Management in London

Sartori & Partners data count 209 dated deals in Funds & Investment Management in London in the 12 months to October 2026 and 526 over the three years to October 2026.

Fund formation work is involved in 66.5% of them and M&A in 6.3%.

By client industry, Asset Management & Funds comes first with 49.0%.

Kirkland & Ellis ranks first among advising firms over the period, in the 61-100 band.

Share of deals involving each deal type, three years to October 2026
Share of deals involving each client industry, three years to October 2026
Advising firms ranked by deals, three years to October 2026
RankFirmDeals (band)
1Kirkland & Ellis61-100
2Macfarlanes21-40
3Proskauer Rose21-40
4Debevoise & Plimpton21-40
5Simpson Thacher & Bartlett21-40
6Travers Smith11-20
7Ropes & Gray11-20
8Latham & Watkins11-20
9Clifford Chance11-20
10Addleshaw Goddard11-20
05 Promotions

Time to partner in Funds & Investment Management in London

98 lawyers were promoted to partner in Funds & Investment Management in London over five years, according to Sartori & Partners data.

The median time from first year of practice to partner is 10.0 years, with the middle half between 8.0 years and 11.0 years, against a market median of 10.0 years. 86.4% made partner within 12 years.

These figures rest on 66 promotions.

Years from first year of practice to partner
06 Specialities

Specialities in Funds & Investment Management in London

Over the three years to October 2026, Private Fund Formation was involved in 44.8% of moves in Funds & Investment Management in London, then Secondaries & Fund Transactions with 30.8%.

Share of moves involving each speciality, three years to October 2026

Edition November 2026. Window: November 2025 to October 2026. Source: Sartori & Partners, from public law-firm announcements, firm websites and professional profiles, checked monthly. Methodology. Spot an error? [email protected].

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