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Intelligence

Carey Olsen Tim Corfield

Carey Olsen appoints commercial litigation partner

Channel Island law firm Carey Olsen has named Tim Corfield as a partner. Corfield (pictured) specialises in banking and finance litigation and corporate disputes, including corporate insolvency and restructuring. The appointment further strengthens the firm’s litigation team in Guernsey which now features five partners who are dedicated to the practice

HMRC clarifies bank payroll tax

HM Revenue & Customs has clarified what constitutes a bank following its announcement on 9 December that it will be implementing a bank payroll tax. According to Kinetic Partners, HMRC has confirmed that the bank payroll tax is aimed at retail and investment banks and to banking groups and does

Ireland Tanaiste Mary Coughlan

Law to enhance efficiency of fund re-domiciliation to Ireland

The Irish Funds Industry Association has welcomed new legislation passed by Seanad Éireann, the upper house of the Irish parliament, which will enable investment funds to re-domicile to Ireland simply and efficiently. The Companies (Miscellaneous Provisions) Act 2009 provides a clear framework designed to address and minimise the challenges currently

AIC Ian Sayers

AIC appoints Ian Sayers as director general

The Association of Investment Companies has appointed Ian Sayers as director general of the association effective from 1 January 2010.   Sayers has been acting director general of the AIC since Daniel Godfrey left the association at the end of July 2009. Carol Ferguson, chairman of the AIC, says: “On behalf

HarbourVest promotes three to managing director

HarbourVest Partners, a global private equity firm, has promoted Peter Lipson, Julie Ocko and Mary Traer to managing director.  Traer has also been named chief administrative officer.  Additionally, Karin Lagerlund has been named chief financial officer, Sebastiaan C. van den Berg has been promoted to principal, and Bruce G. Pixler,

Mourant Felicia de Laat

Mourant appoints four Jersey-based partners

Offshore law firm Mourant du Feu & Jeune has appointed four Jersey-based partners. James Hill became an equity partner of Mourant du Feu & Jeune earlier this year, and Felicia de Laat (pictured), Joel Hernandez and Michael Williams have been invited to become partners of Mourant LP. The appointments are

Law firms Lovells and Hogan & Hartson to merge

The partners at law firms Lovells and Hogan & Hartson have decided to merge the two firms.  The new firm will be called Hogan Lovells and will have approximately 2,500 lawyers operating out of more than 40 offices located around the world. Subject to regulatory clearances, Hogan Lovells will come

Partners Group Stephan Schali

Partners Group makes promotions and organisational changes

Partners Group, a Switzerland-based global alternative asset manager, has made two senior management promotions as well as some organisational changes. The firm has promoted the following two members of the management team from senior vice presidents to managing directors: Roland Käslin, head finance, and Denis O’Malley, head Guernsey. Partners Group

SEI and RiskMetrics to deliver independent risk reports to clients

SEI is collaborating with long-standing partner RiskMetrics Group to provide its clients with independent risk management and reporting services that will integrate directly into the company’s flexible Manager Dashboard tool. The new offering enhances SEI’s risk management solution and further addresses investment managers’ needs for greater transparency and detailed risk

NIR Group adds managing director

Alternative investment firm NIR Group has appointed Robert M. Cohen as managing director. Based in the firm’s Roslyn, New York, headquarters, Cohen is responsible for overseeing operations and business development. "Bobby has a proven track-record in managing and building a successful firm in the financial services sector," says Corey Ribotsky,

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