He will be resident in the firm's New York office.

'We are delighted that Rob will be joining Paul, Weiss," says Brad S. Karp, chair of the firm. "Rob's diverse asset management transactions experience, and his unique combination of legal and business acumen, will make a significant contribution to our clients and the firm.'

Prior to joining Paul Weiss, Goldbaum was a principal at HighView Investment Group, an investment management firm targeting acquisitions of minority interests in independent alternative asset managers. Before that he was a senior vice president focusing on new investments at Affiliated Managers Group, an asset management holding company.

Goldbaum previously was a partner at Simpson Thacher & Bartlett in the firm's mergers and acquisitions practice group until the end of 2006, focusing primarily on transactions in the asset management industry, including acquisitions and divestitures of investment managers, minority investments in alternative asset management firms, and domestic and international asset management joint ventures.

'I look forward to working with my colleagues at Paul Weiss and their clients, and believe the firm also offers the ideal platform for continuing to service my existing client relationships,' says Goldbaum. 'Paul Weiss's reputation for world-class work as well as its impressive roster of premier financial institution clients, including asset managers of all types, made this an irresistible choice as I considered the next chapter of my career.'