More than five years after vowing to rebuild its depleted Frankfurt operation, Dechert announced Tuesday that it has opened an office in the German city that will focus on financial services, according to sibling publication The Legal Intelligencer. As part of the Frankfurt foray, Dechert has hired BENEDIKT WEISER, most recently a partner and head of Mayer Brown’s German private investment funds group. Weiser, who is to start at Dechert in February, joins Munich-based partner ADAM PÜTZ, who will serve as Frankfurt office’s managing partner, and CARSTEN FISCHER, a former partner and leader of the regulatory team at WTS Group who recently jumped to Dechert.

Fischer concentrates his practice in the areas of asset management, banking regulation, and insurance law, while Weiser focuses on advising both investors and fund sponsors on the structuring and formation of investment funds, including private equity, real estate, infrastructure, mezzanine, and hedge funds.