Maples and Calder, a Cayman Islands-based firm that specializes in offshore business law, has launched a new office in Singapore.
The three-lawyer operation will serve hedge fund, private equity and finance clients seeking Cayman Islands- and British Virgin Islands-related legal advice, as well as provide corporate law and trusts consulting for high-net-worth individuals.
Investment funds partner Nick Harrold has relocated from Hong Kong to manage the Singapore office. He joined the firm in 2007 after serving as an associate at Norton Rose, in London and later Hong Kong, for six years.
The new Singapore team also includes corporate finance partner James Burch, also relocating from Hong Kong, and corporate partner Thomas Katsaros. Katsaros is returning to Maples and Calder after a two-year stint with Kain Corporate and Commercial Lawyers in Adelaide.
Harrold said the move comes as the firm’s business continues to grow in the region, especially in Southeast Asia.
“We … are confident that being on the ground in Singapore will enable us to better serve our existing Southeast Asian clients and to grow our Southeast Asian practice,” he said.