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O’Melveny’s Anita Choi Quoted in Private Equity International Article

February 07, 2013

O’Melveny’s Anita Choi is quoted in the February 7, 2013, Private Equity International (PEI) article, “Singapore signs DTA with Guernsey,” discussing the new agreement which states that funds with interests in both Singapore and the UK will not be taxed twice on their assets. Quoted as being skeptical about the impact of the DTA on Asian private equity, Choi told PEI that Asian GPs are unlikely to take advantage of the new DTA. “It doesn’t really have an impact because the go-to jurisdiction for setting up funds, at least for Asian funds, has been the Cayman Islands. Right now, there is no movement away from Cayman.”