Cooley Strengthens Fund Formation Practice With Addition of Partner in Boston


BOSTON, MA--(Marketwire - March 31, 2008) - Cooley Godward Kronish LLP announced today that Kimberley J. ("Kim") Kaplan-Gross has joined the Firm as a partner in the Venture Capital group. She will be based in Cooley's Boston office, which has tripled in size since its opening in July 2007. Kaplan-Gross was previously a partner with DLA Piper in Boston.

"Kim is an important addition to our national fund formation practice and we're confident her presence will be a driving force behind the group's continued expansion," said Craig Dauchy, head of Cooley's Venture Capital group. "Her arrival further strengthens Cooley's leadership in fund formation and venture capital and enables us to better serve these clients based in the region."

"Cooley's leadership and preeminence in venture capital and private equity fund formation is unparalleled and I am incredibly excited to join the Firm and be a part of the practice, helping expand Cooley's presence in the New England market," said Kaplan-Gross.

Kaplan-Gross represents international and domestic private investment firms in fund formation, secondary transactions, management and governance issues and investment adviser regulatory matters. She represents venture capital, buyout and other direct private equity funds, as well as primary and secondary funds-of-funds. In fundraising, she advises fund sponsors on legal structuring matters, guides them in market positioning and setting proposed terms and conditions, and leads their investor negotiations. In addition, Kaplan-Gross represents institutional investors in their investments in private equity funds.

Kaplan-Gross earned her B.S. in 1989 from Boston University and her J.D. cum laude from University of Miami Law School in 1994, where she was the Senior Articles Editor of the Law Review and Order of the Coif. She is a frequent presenter at conferences focused on the private equity industry.

Cooley's Boston office opened in July 2007 and has grown from 10 to 30 lawyers with market-leading expertise in emerging and public companies, life sciences, venture and private equity fund representation, mergers and acquisitions, intellectual property and commercial litigation.

"Since opening our doors in Boston last summer, we have been extremely well-received by the market and have had tremendous success attracting leading lawyers like Kim, as well as former U.S. Attorney for Massachusetts, Don Stern, who joined the Firm earlier this month," said John Hession, partner-in-charge of Cooley's Boston office. "Kim is a savvy and experienced practitioner whose arrival will only further the momentum that Cooley has enjoyed since arriving in Boston last July."

About Cooley's Fund Formation Practice

In 1959, Cooley Godward Kronish formed Draper, Gaither and Anderson, the first institutional venture capital limited partnership in the United States. Cooley serves as primary fund counsel to more than 225 investment fund organizations, and in recent years has closed an average of 60 new private equity funds annually for these clients.

About Cooley Godward Kronish LLP

Cooley Godward Kronish's 650 attorneys have an entrepreneurial spirit and deep, substantive experience, and are committed to solving clients' most challenging legal matters. From small companies with big ideas to international enterprises with diverse legal needs, Cooley has the breadth of legal resources to enable companies of all sizes to seize opportunities in today's global marketplace. The Firm represents clients across a broad array of dynamic industry sectors, including technology, life sciences, real estate, financial services, retail and energy.

The Firm has full-service offices in major commercial, government and technology centers nationwide: Palo Alto, CA, New York, NY, San Diego CA, San Francisco, CA, Reston, VA, Broomfield, CO, Washington, DC and Boston, MA.

Contact Information: Media Contact: Zach Olsen 415-732-7805 zolsen@cooley.com