- Olesya Barsukova-Bakar has worked in the former firm for over 20 years.
- Thompson & Knight merger opens up opportunities for Texas
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(Reuters) – Olesya Barsukova-Bakar, a fund and joint venture specialist at Hogan Lovells, runs her practice at Holland & Knight, which is one of the largest real estate practice in the country.
Based in Washington, DC, Barsukova-Bakar, who led the real estate fund practice at Hogan Lovells, is one of a number of corporate partners to join Holland & Knight prior to its launch. merger with Texas-based Thompson & Knight, established for August.
She will lead the real estate fund formation practice at her new firm, Holland & Knight said Wednesday in announcing her hiring.
“Texas was an attractive state in terms of real estate,” Barsukova-Bakar said. “Some of my clients are expanding their investments in Texas, so I really think this is an additional opportunity for the client base that Holland & Knight already has and for my clients.”
David Barkus, head of private equity at Holland & Knight, said in a statement that Barsukova-Bakar’s experience in fundraising and joint ventures “will create synergies” with the firm’s real estate practice.
According to company archives, clients of Barsukova-Bakar, a 20-year veteran of Hogan Lovells, have included real estate investment fund JBG Companies in multi-billion dollar foundations and joint ventures. She has also represented Federal Capital Partners and GE Commercial Finance in real estate investments and International Finance Corp in venture capital financing in the clean energy, technology and life sciences sectors.
While the pandemic has rocked real estate markets, she said it also opened up opportunities for her clients: one of them doubled its assets under management from $ 1.5 billion after closing a deal for new acquisition financing.
Barsukova-Bakar said Holland & Knight’s plans to expand its real estate fund practice served as a catalyst for its acquisition. She said she and members of Thompson & Knight’s private equity practice are already charting ways to collaborate.