TLDR:
- Sidley Austin hires Cooley partner Shane Goudey to lead new venture capital fund formation practice
- The firm is expanding its emerging company, venture capital offerings despite recent low activity in the space
Sidley Austin has announced the hiring of Shane Goudey from Cooley as a partner in Palo Alto, California to lead their new venture capital fund formation practice. With experience representing sponsor organizations in the formation of over 1,000 funds, Goudey is expected to bring a wealth of knowledge to the firm’s emerging company work. Despite a recent low in venture capital activity over the past two years, Sidley Austin is positioning itself for increased activity in the coming months. Goudey’s goal at Sidley is to build a world-class destination venture capital fund practice that caters to a wide variety of funds and fund managers globally. The firm is looking to further expand in the funds space in Palo Alto, seeing themselves as still in the early innings of success.
