Dechert LLP announced that Phillip Sacks has rejoined the firm as managing partner of its Dubai office, strengthening the firm’s financial services and investment management practice in the Middle East.
Sacks brings nearly two decades of experience, including 14 years in the region advising financial institutions, fund managers and sovereign wealth funds. His work focuses on structuring and establishing conventional and Shari’a-compliant investment funds, including private equity, venture capital, real estate, infrastructure, hedge funds, and credit and collateralized loan obligation funds.
He also advises sovereign wealth funds and financial institutions on fund investment and co-investment programs. In addition, Sacks has experience supporting the formation of regulated asset management entities in the Dubai International Financial Centre and Abu Dhabi Global Market, along with establishing carried interest plans and other incentive structures.
Sacks previously joined Dechert as a partner in 2016 and spent more than seven years in the firm’s Dubai office before moving to another international law firm. His return comes as Dechert continues expanding its global platform and capabilities.
He has been ranked Band 1 in Investment Funds: Middle East-Wide by Chambers Global for 10 consecutive years and is recognized in The Legal 500 United Arab Emirates Hall of Fame for Investment Fund Formation Management.
Dechert said its financial services and investment management team includes more than 200 lawyers globally and was the first law firm with a funds practice in all key European fund domiciles including the UK, Ireland, Luxembourg, Germany and France, as well as the U.S., the Middle East and Asia. For more than a decade, the firm has advised Middle East clients from the Dubai International Financial Centre on transactions and projects across the MENA region.
The firm also noted that it has welcomed more than 25 lateral partners already in 2026, expanding its capabilities across investment management, finance and restructuring, capital markets and securitization, mergers and acquisitions, intellectual property and litigation practices.
Dechert also announced plans to open offices in Chicago, Dallas and Houston.
KEY QUOTES
“As we look to expand and strengthen our capabilities, Phillip’s wealth of experience in the region will significantly enhance our client offering. We are extremely pleased to welcome Phillip back to Dechert.”
Mark Thierfelder, Co-Chair, Dechert LLP
“Dechert’s reputation in financial services and investment management is unrivalled and I am thrilled to be joining the firm to help grow its presence in Dubai.”
Phillip Sacks, Managing Partner Of The Dubai Office, Dechert LLP
