Offshore law firm Appleby is extending its global network with offices in Dubai and Zurich. The exp...
Offshore law firm Appleby is extending its global network with offices in Dubai and Zurich.
The expansion will enable the firm to provide clients with greater access to Middle Eastern, Indian and African capital, plus private bank and institutional services in Switzerland, according to the firm.
Beginning operation early next year, the offices will increase Appleby's focus in high-growth international corporate and private wealth clients. It is the first of the 'offshore magic circle' firms to open in Switzerland, it added.
Appleby's offices will also provide clients with direct access to the offshore jurisdictions of Bermuda, the British Virgin Islands, Cayman Islands, Jersey and Mauritius.
Jeanne Bartlett, partner and head of the global structured finance practice at Appleby, will staff the Dubai office with another partner and an assistant. The office will focus on investment funds, private equity, structured finance, major projects, property and private client services, said the firm.
The Zurich office will concentrate on corporate and private wealth markets and provide private banks, wealth management institutions plus Middle East and Asian-based clients whose funds are managed in Switzerland, with direct access to offshore services.
Peter Bubenzer, global group managing partner at Appleby, said: "We see significant opportunities in the Gulf region and the expansion of our private wealth business in the more traditional Swiss market.
"The new offices will provide our corporate, institutional and private clients with greater resources both in the locations and time zones in which they do business and a broader choice across the key offshore jurisdictions to suit their needs," he added.
£300bn of liabilities
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