Mourant expands administration into Asia with Hong Kong and Singapore offices
Jersey-based legal and financial services group Mourant has expanded its international finance administration division into Asia with the opening of new offices in Hong Kong and Singapore.
The new footholds in Asia complement Mourant's existing offices in Grand Cayman, Dubai, Guernsey, Jersey, London, Luxembourg, New York and San Francisco. The Hong Kong and Singapore offices will focus on providing private equity, real estate and hedge fund managers with Mourant's fund administration services, which currently administer more than USD145bn in these asset classes.
The new offices will be headed by Hong Kong-based Tim Mann, who previously worked for Ernst & Young and Fortis and has extensive experience in the alternatives industry in Asia.
'I'm delighted to have the opportunity to lead such a strong fund administration brand as it enters a new geographical market,' Mann says. 'Mourant's highly professional and structured approach to providing fund administration services is outstanding, which is evidenced by the high quality of its client base.'
Mourant says its strategy is to provide a seamless cross-jurisdictional service to the alternative investment industry. The Singapore office at Six Battery Road, Raffles Place, is headed by Cengiz Somay, who recently transferred from his role as head of group strategy from the Mourant office in Jersey. The new Hong Kong office is at One Exchange Square, 8 Connaught Place in Central.
'Many of our clients have an international focus and continue to look for deal opportunities which often span jurisdictions,' says Mourant International Finance Administration chief executive Ian Lambert.
'It's important that we are well placed to help our clients manage funds that require multiple jurisdictional structures. Having offices in Asia places us at an advantage in being able to offer clients a broad range of services to suit both onshore and offshore funds across the globe.
Mourant is a multi-disciplinary international professional services group specialising in fund and corporate administration, offshore law and private wealth services. The group currently has more than 950 staff and offices in Cayman, Dubai, Guernsey, Hong Kong, Jersey, London, Luxembourg, New York, San Francisco and Singapore, with plans for further jurisdictional growth next year.
Mourant International Finance Administration is an international provider of fund and corporate administration services, with more than USD100bn in fund assets under administration.
Mourant du Feu & Jeune is a leading offshore law firm with offices in Cayman, Guernsey, Jersey, London and New York that provides legal advice across a range of practice areas to the international finance and funds markets. Following its recent merger with Cayman-based Quin & Hampson, the firm now has 34 partners and a total of 110 lawyers.
Mourant Private Wealth is a lawyer-led, private client business that offers bespoke administration services from Cayman, Dubai, Jersey and Luxembourg designed to protect and enhance the assets of its clients for present and future generations.
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