Ogier Fiduciary Services has opened an office in Luxembourg.
The Ogier Group opened a boutique law firm in Luxembourg in 2012 and this latest development is in keeping with Ogier's strategy to provide multi-jurisdictional services through a presence in each of the world's key financial markets and across all time zones.
Paul Willing, chief executive officer for Ogier Fiduciary Services, says: "Establishing an office in Luxembourg is key to meeting our clients' expectations in a period of challenging economic conditions and regulatory change, whilst expanding our presence into continental Europe."
Ogier Fiduciary Services in Luxembourg is headed up by Paul Lawrence and Michel Thill (pictured). Lawrence, who is a partner, has been with Ogier Fiduciary Services since 2008 and leads the Ogier real estate services team. He has relocated from the Jersey office to establish the Luxembourg business. Thill has worked in the finance sector in Luxembourg for over 25 years, providing fund administration, fund accounting and domiciliation services. Having previously acted as managing director to the Luxembourg office of a leading European private equity house, Thill brings significant industry experience to the Ogier team.
Lawrence says: "Drawing on the strength of the existing fiduciary services business, we have the systems, procedures and technical skills to provide an efficient, flexible, responsive and commercial service to clients. We are recruiting in the local market to build a top quality team to reflect the strength and culture of the Ogier business."
Thill says: "I am delighted to be joining Ogier Fiduciary Services at this exciting time. Luxembourg is an ideal fit for the Ogier business and will enable us to meet the cross-jurisdictional demands of an international client base through our network of offices."
Ogier Fiduciary Services in Luxembourg is licensed to provide domiciliation and central administration services and will initially focus on the provision of outsourced corporate domiciliation and fund administration services, including accounting, to private equity and real estate fund managers.