O’Melveny Named Law Firm of the Year (Fund Formation) in Asia by Private Equity InternationalFebruary 27, 2012
Sonja Steptoe Julie Fei
O’Melveny & Myers LLP O'Melveny & Myers LLP
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O’Melveny & Myers LLP
LOS ANGELES, CALIFORNIA ─ FEBRUARY 27, 2012 ─ O’Melveny & Myers LLP has been named by the readers of Private Equity International and PE Asia as Law Firm of the Year (fund formation) in Asia for the second consecutive year.
“O’Melveny & Myers has been part of the evolution of the industry in the region, working as a trusted advisor to fund managers helping them form their funds for investments in the region,” PEI said in announcing the Firm's award. O’Melveny has one of the broadest and deepest private equity and funds teams in Asia, with more than 15 dedicated funds formation lawyers in Beijing, Shanghai, Hong Kong, Singapore, and Tokyo. The Firm’s Asia team includes lawyers who have worked both in-house and on the business side at major industry players.
“We are honored that such a prestigious publication recognized the work that our dedicated local team of partners, associates, and legal consultants are doing on behalf of our fund formation clients,” said Dean Collins, head of O’Melveny’s fund formation practice in Asia.
Larry Sussman, managing partner of O'Melveny's Beijing office, added: "Our clients have come to rely on us for advice on a diverse range of fund projects, including establishing renminbi denominated funds under the new QFLP regime, executing secondaries transactions, and working on some of the most significant offshore funds that held a closing during 2011. This coveted award is a tribute to the O'Melveny lawyers who bring a unique perspective to the evolving regulatory and tax environment surrounding fund formation."
For the past 11 years, the readers of Private Equity International and PE Asia publications have chosen winners across a number of practice areas without input from the publication’s editors or from the law and private equity firms themselves. The global poll attracts votes from fund managers, investors, and advisors in more than 50 countries, according to the publication.
About O’Melveny & Myers LLP’s Asia Practice
O’Melveny & Myers LLP began its practice in Asia nearly 25 years ago, and over this time we have become one of the most respected and full-service legal service providers in the region. The Firm maintains large offices in the most important political and commercial centers of Beijing, Shanghai, Hong Kong, Singapore, Tokyo, and an association with leading Indonesian law firm Tumbuan & Partners in Jakarta. Most of our lawyers are native to the region, understand the local law and business practices, speak the local languages, and, most importantly, function as an integrated team that taps the Firm’s vast resources in Asia and globally, delivering value and expediency to its clients. The China practice is widely and frequently recognized as one of the strongest on the market. The Japan practice has been recommended by The Legal 500 and Chambers Global for corporate, mergers and acquisitions, and dispute resolution work. Our office in Singapore, opened in 2008, has grown rapidly and is a hub for corporate, finance, and private equity work for the entire South and Southeast Asia region. In late 2011, we established an association in Jakarta, Indonesia, with Tumbuan & Partners. A presence in Indonesia expands our strengths and better positions us to serve the needs of our global clients who increasingly are doing business in Southeast Asia.
About O’Melveny & Myers LLP
With approximately 800 lawyers in 15 offices worldwide, O’Melveny & Myers LLP helps industry leaders across a broad array of sectors manage the complex challenges of succeeding in the global economy. We are a values-driven law firm, guided by the principles of excellence, leadership, and citizenship. Our commitment to these values is reflected in our dedication to improving access to justice through pro bono work and championing initiatives that increase the diversity of the legal profession. For more information, please visit www.omm.com