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Offshore Law Firm Opens in Singapore and Hong Kong
Bob Reynolds
26 September 2007
The rapidly expanding offshore law firm Mourant has opened new offices for its international finance administration division in Hong Kong and Singapore. The new offices are its first in Asia. At present, the practice is located in Cayman, Dubai, Guernsey, Jersey, London, Luxembourg, New York and San Francisco. The new offices will focus on providing the private equity, real estate and hedge fund communities with Mourant's fund administration services, which currently administer in excess of US $145 billion in these asset classes. Heading up the new offices, and based in Hong Kong, is recently appointed Tim Mann, previously of Ernst & Young and Fortis and with extensive experience in the alternatives industry in Asia. Mourant says its aim is to provide a seamless cross-jurisdictional service to the alternative investment industry. The Singapore office is headed up by Cengiz Somay, recently transferred from his role as head of group strategy from Mourant's office in Jersey. The office is based at Six Battery Road, Raffles Place. The new Hong Kong office is based at One Exchange Square, 8 Connaught Place Central. Ian Lambert, CEO of Mourant International Finance Administration, said: "It's important to us that we are well placed to help our clients manage funds which require multiple jurisdictional structures. Having offices in Asia places us at a powerful advantage in being able to offer clients a broad range of services to suit both onshore and offshore funds across the globe."