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O'Melveny adds to private funds team

Friday, February 28, 2025
Opalesque Industry Update - Seasoned private funds lawyer Salim Azzam has joined O'Melveny's Los Angeles office as a partner in the Asset Management Practice Group and Private Equity Industry Group. His arrival further strengthens O'Melveny's capacity to lead and manage complex, multi-disciplinary transactions for private funds and investment management clients.

Azzam brings extensive experience to O'Melveny advising sponsors in connection with the formation, marketing, operation, and regulatory compliance of US and non-US private funds. His practice also focuses on advising sponsors and investors in connection with the private funds secondary market, including continuation vehicles and other liquidity solutions. Additionally, Azzam advises sponsors and buyers on strategic transactions and represents institutional investors in connection with their various alternative asset portfolios.

Throughout his career, Azzam has guided mid-market sponsors and emerging managers in raising billions in AUM across asset classes, including private equity, real estate, and private credit. His clients have included some of the world's most active and important institutional investors and prominent sovereign wealth funds. And he has also represented management teams and investment professionals in spin-outs, first-time funds, upper-tier arrangements, and seeding arrangements.

Azzam comes to O'Melveny from the Los Angeles office of Paul Hastings, where he served as of counsel in that firm's Investment Funds & Private Capital Practice Group. His addition accelerates O'Melveny's continued strategic growth. With his arrival, 30 lateral partners have joined the firm since 2023, including 20 corporate partners based in the firm's Los Angeles, Century City, New York, Dallas, Houston, Singapore, and London offices.

"Salim is a highly regarded lawyer with impeccable credentials in the private funds space," said O'Melveny chair Bradley J. Butwin. "Our private capital clients will immediately benefit from Salim's extensive knowledge and wide-ranging experience, especially in GP-led secondaries. He is a wonderful addition, and it is a pleasure to welcome him to O'Melveny."

"I'm excited to start this new chapter of my career at O'Melveny," said Azzam. "The firm's reputation for providing superior client service is incomparable. And the firm's collaborative culture is second to none. I look forward to working alongside my new colleagues on the rapidly growing Asset Management, Private Equity, and Private Credit teams and providing my clients with all of the benefits O'Melveny has to offer."

Azzam earned his J.D. from St. John's University School of Law and his B.A. from the University of California, Santa Barbara.

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