Cooley Strengthens Fund Formation Practice With Addition of Partner in Boston

BOSTON, MA, Mar 31 (MARKET WIRE) --
Cooley Godward Kronish LLP announced today that Kimberley J. ("Kim")
Kaplan-Gross has joined the Firm as a partner in the Venture Capital group.
She will be based in Cooley's Boston office, which has tripled in size since
itsopening in July 2007. Kaplan-Gross was previously a partner with DLA Piper
in Boston.

"Kim is an important addition to our national fund formation practice and
we're confident her presence will be a driving force behind the group's
continued
expansion," said Craig Dauchy, head of Cooley's Venture Capital group. "Her
arrival further strengthens Cooley's leadership in fund formation and venture
capital and enables us to better serve these clients based in the region."

"Cooley's leadership and preeminence in venture capital and private equity
fund
formation is unparalleled and I am incredibly excited to join the Firm and be
a part of the practice, helping expand Cooley's presence in the New England
market," said Kaplan-Gross.

Kaplan-Gross represents international and domestic private investment
firmsin fund formation, secondary transactions, management and governance
issuesand investment adviser regulatory matters. She represents venture capital,
buyout
and other direct private equity funds, as well as primary and secondary
funds-of-funds. In fundraising, she advises fund sponsors on legal
structuring matters, guides them in market positioning and setting proposed
terms
and conditions, and leads their investor negotiations. In addition,
Kaplan-Gross represents institutional investors in their investments in private
equity funds.

Kaplan-Gross earned her B.S. in 1989 from Boston University and her J.D. cum
laude from University of Miami Law School in 1994, where she was the Senior
Articles Editor of the Law Review and Order of the Coif. She is a
frequent presenter at conferences focused on the private equity industry.

Cooley's Boston office opened in July 2007 and has grown from 10 to 30
lawyers with market-leading expertise in emerging and public companies, life
sciences, venture and private equity fund representation, mergers and
acquisitions, intellectual property and commercial litigation.

"Since opening our doors in Boston last summer, we have been extremely
well-received by the market and have had tremendous success attracting leading
lawyers like Kim, as well as former U.S. Attorney for Massachusetts, Don
Stern, who joined the Firm earlier this month," said John Hession,
partner-in-charge of
Cooley's Boston office. "Kim is a savvy and experienced practitioner whose
arrival will only further the momentum that Cooley has enjoyed since arriving
in Boston last July."

About Cooley's Fund Formation Practice

In 1959, Cooley Godward Kronish formed Draper, Gaither and Anderson, the
first institutional venture capital limited partnership in the United States.
Cooley serves as primary fund counsel to more than 225 investment fund
organizations, and in recent years has closed an average of 60 new private
equity funds annually for these clients.

About Cooley Godward Kronish LLP

Cooley Godward Kronish's 650 attorneys have an entrepreneurial spirit and
deep, substantive experience, and are committed to solving clients' most
challenging legal matters. From small companies with big ideas to
international enterprises with diverse legal needs, Cooley has the breadth of
legal resources to enable companies of all sizes to seize opportunities in
today's
global marketplace. The Firm represents clients across a broad array of
dynamic industry sectors, including technology, life sciences, real estate,
financial services, retail and energy.

The Firm has full-service offices in major commercial, government and
technology centers nationwide: Palo Alto, CA, New York, NY, San Diego CA,
San Francisco, CA, Reston, VA, Broomfield, CO, Washington, DC and Boston, MA.

Media Contact:
Zach Olsen
415-732-7805
zolsen@cooley.com

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