Ogier is planning to open a boutique law firm in Luxembourg as it continues to expand its worldwide network. The firm is also intending to set up a fiduciary business in Luxembourg later this year, focusing on corporate and fund administration business.
These two developments are part of Ogiers strategy to provide comprehensive multi-jurisdictional services, through a significant presence in each of the worlds key financial markets and across all time zones. 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.
Commenting on the announcement, group CEO Nick Kershaw said 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 Luxembourg legal practice will be headed up by Franois Pfister who has extensive legal experience in Luxembourg with particular emphasis on investment funds, international taxation, mergers and acquisitions and corporate law. Pfister is a senior partner of OPF Partners in Luxembourg. It is envisaged that the office will open with two partners; Daniel Richards, a group partner in Ogier’s Jersey office who has taken a lead role in the initiative, will relocate to Luxembourg to work alongside Pfister.
(JDC)