Carey Olsen has bolstered its Cayman Islands business, after recently launching in Singapore and Hong Kong.

The offshore law firm Carey Olsen has promoted corporate and finance lawyer Alistair Russell to its partnership.

Based in the Cayman Islands, Russell joined Carey Olsen in 2013. Before this, he worked at Skadden, Arps, and Cleary Gottlieb in London.

He works on a range of transactions including fund and general finance, private equity, joint ventures, mergers and acquisitions and capital markets.

Among other developments, over the past 18 months the firm has launched in Singapore and Hong Kong, which it said reflects growing demand for offshore legal services in Asia, as well as the increasingly international and cross-border nature of its client base.

Carey Olsen has 49 partners and 200 lawyers across eight international offices.