They will both be based in the firm’s New York office.

Lee has extensive experience advising private equity funds, growth equity funds, venture capital funds and other private investment firms and their portfolio companies on a range of domestic and cross-border transactions including mergers and acquisitions, leveraged buyouts, growth equity investments, alternative investment vehicle (AIV) structure transactions, recapitalizations, reorganizations, acquisitions and divestitures, and debt and equity security investments. He represents clients from the healthcare, FinTech, manufacturing and industrial, technology and internet products and services sectors.

Park advises public companies and financial sponsors, including private equity funds and their portfolio companies and sovereign wealth funds, on a range of US and cross-border transactions including leveraged buyouts, mergers, equity purchases, asset acquisitions, strategic investments, joint ventures and dispositions. He advises clients in a range of industries including healthcare, industrial, technology, financial services, aerospace and defense.

Lee commented: "We are excited to be joining a platform that has been built with a focus to service all the critical needs of global asset managers in any economic climate.  We look forward to expanding Proskauer’s presence in the private equity market and, in particular, to leverage its industry leading expertise in the areas of healthcare and technology."

Meanwhile, Park said: "Proskauer, with its progressive culture and entrepreneurial approach, fits in nicely with our values and principles, and that of our existing clients." 

Both Lee and Park, who had been partners at K&L Gates, had been with the firm for three years.