Ogier First Offshore Law Firm In Luxembourg
Friday, January 13, 2012
Ogier, a leading provider of international legal and fiduciary services, has announced
plans to target new clients in Luxembourg with the establishment of legal and fiduciary
businesses in the territory.
Ogier announced that in order to expand the firm's worldwide network, the Group
plans to establish a boutique law firm prior to the establishment of a fiduciary
business in the latter part of the year, focussing on corporate and fund administration.
Commenting on the announcement, Group Chief Executive Officer, Nick Kershaw
said, “Ogier has a history of firsts and in opening a legal office we will be
the first offshore firm to have an onshore legal presence in Luxembourg. The
new office is being driven by client demand as many of our existing clients
currently use or have expressed an interest in using Luxembourg, either stand-alone
or as part of an offshore structure. Having a Luxembourg legal capability will
therefore complement our existing suite of services."
Ogier's boutique Luxembourg firm will focus predominantly on providing services
to existing offshore investment fund clients with Luxembourg structures, either
alongside or in addition to their offshore structures, as well as introducing
new business into Luxembourg from existing clients from other Ogier offices
notably in Asia and North America.
Francois Pfister, who will head up Ogier's Luxembourg legal practice, said: "The convergence between offshore and onshore law
as it relates to the investment funds industry makes this a very exciting time
to be joining a leading offshore law firm. Luxembourg is a natural fit for Ogier."