Ropes & Gray has hired Peter Rosen, former in-house counsel and partner at Coller Capital, as a partner in its alternative asset opportunities group. The move signals the law firm's determination to capture more work from a secondaries market that keeps expanding in both size and complexity.

Isabel Dische, who leads the alternative asset opportunities group, told Secondaries Investor the firm values nimble talent as it expects innovation to spread across a broader range of secondaries products. Bringing in an experienced in-house lawyer from one of the market's most established players gives Ropes & Gray direct insight into how buy-side clients structure and execute complex transactions.

Rosen's transition from Coller Capital to a top legal adviser reflects the broader blurring of lines between secondaries investors and their counsel. As GP-led deals, continuation vehicles, and structured solutions multiply, law firms need practitioners who have sat on the other side of the negotiating table.

The hire positions Ropes & Gray to compete more aggressively for mandates in a market where specialist expertise increasingly determines who wins lucrative advisory roles.