In April 2011, Ogier opened an office in Shanghai, further expanding a worldwide network that includes Bahrain, BVI, Guernsey, Hong Kong, Ireland, Jersey, London and Tokyo. The firm now employs over 140 people in its Cayman office, which focuses on banking and finance, corporate and commercial and investment funds....
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In April 2011, Ogier opened an office in Shanghai, further expanding a worldwide network that includes Bahrain, BVI, Guernsey, Hong Kong, Ireland, Jersey, London and Tokyo. The firm now employs over 140 people in its Cayman office, which focuses on banking and finance, corporate and commercial and investment funds. The firm's client base includes 42 of the top 100 hedge funds.
Peter Cockhill was named Cayman managing partner in November 2011 and Andrew Morehouse was made partner in February 2011. The firm made two new corporate partners in 2010 - Nick Rogers and Angus Davison.
The market had mixed opinions about the firm's current standing. One competitor notes, "Ogier has definitely earned its place in tier two" though another has a different take, claiming that over the last year "they've run out of steam".
Last year, the team acted for a Cayman investment fund in relation to the sale of a majority interest in its investment manager, Gavea Gestao de Patrimonio, by JPMorgan Investimentos e Financas, a subsidiary of JPMorgan Chase. The acquisition of the majority interest is valued at $800 million.
Over the course of the year, Ogier also acted on behalf of The Bank of Nova Scotia in connection with the acquisition of the business of BNP Paribas wealth management Cayman Islands branch, advising on all aspects of the acquisition, including drafting transaction documents and advising on all related Cayman regulatory issues.
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