DLA Piper has hired a new project finance partner in Hong Kong to add to its growing finance and projects group in Asia.

Matthias Schemuth joins the firm from Ashurst where he had previously advised sponsors, developers, commercial banks, multilateral lending agencies and export credit agencies in relation to project and export credit finance transactions particularly in oil and gas, LNG, petrochemical, metal and mining sectors.

Terry O'Malley, chair of DLA Piper's Asia committee said of the hire: “It is our intention to continue to invest in and grow the finance and projects group in Asia. Matthias is an accomplished lawyer with a great reputation. His rich experience and deep understanding of the market will further strengthen our capabilities, and complement our already strong finance and projects group.”

Schemuth—qualified in England and Wales and Hong Kong—also focuses on international banking, commodity and trade structured finance and asset finance and leasing in emerging markets.