Cravath, Swaine & Moore trusts and estates partner Kenneth Halcom has left the Wall Street law firm to become president of a family trust linked to the Walton family.
Bloomberg News reported last year that the Waltons, heirs to the fortune generated by retail and e-commerce giant Walmart Inc., are the world’s richest family.
Cravath, which promoted Halcom to partner in late 2013, saw him exit earlier this year for Naples, Fla.-based family trust River Bend Holdings LLC. The trust is affiliated with Walton Enterprises LLC, the main investment vehicle for the Walton family, which last year transferred $48 billion ...
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