ALB: What kind of work has kept you busy in the past year?

Nicholas Plowman: We’ve been really busy with new Cayman regulation relating to changes that impact the operation of Cayman private funds and mutual funds. A lot of these changes have been for the better of the Cayman funds product, which is in excellent shape to continue to provide managers and investors with a very strong platform for their new funds. We have also seen a flood of Cayman SPAC work in Hong Kong; these offerings are incredibly hot now in the Asian market. It will be interesting to see this market evolve over the next 12-18 months, particularly if we see some SPACs unable to invest the capital they have raised.

ALB: Can you describe one or two recent instances where you went the extra mile for a client?

Plowman: The ongoing need for us to coordinate and refer tax, legal, accounting, administration, audit, directorships and capital raising work to our deep network of service provider contemporaries is evidence of us going that extra mile for our funds clients in Asia. We have excellent relationships and I know our clients really appreciate leveraging that network.

ALB: What principle or motto do you live by when it comes to client service?

Plowman: Put yourself in the client’s shoes and imagine what you would expect from your lawyer. It’s also vital to stay on top of the myriad changes happening in our markets, in conjunction with continuing legal changes coming down the pipeline in our offshore jurisdictions. We cannot advise in a vacuum; our clients and referrers expect us to understand and consider a host of factors when we provide our advice - often referred to as ‘being commercial’ and an essential ingredient of what we do at Ogier.

Nicholas Plowman
Partner and Head of
Investment Funds in Asia, Ogier
E: nicholas.plowman@ogier.com

Ogier
11th Floor Central Tower, 28 Queen’s
Road Central, Central, Hong Kong
E: hk@ogier.com
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