Maples and Calder will soon become the latest offshore firm with a Singapore outpost, after the Caymans-headquartered firm announced it would be opening an office in the Lion City.

The announcement comes shortly after fellow offshore firm Bedell Cristin opened a Singapore office, and Walkers and Collas Crill declared plans to beef up their teams in the city.

Maples and Calder’s Singapore office will be managed by funds partner Nick Harrold, and also include corporate finance partner James Burch, and private equity and corporate lawyer Tom Katsaros. While Harrold and Burch will relocate from the firm's Hong Kong office, Katsaros will rejoin Maples and Calder after a spell at Kain Corporate and Commercial Lawyers in Adelaide.

The Singapore office will offer Cayman Islands and British Virgin Islands advice in areas like hedge and mutual funds, private equity, structured and asset finance, corporate law and trusts for high net worth individuals.

"We are delighted to announce this addition to our global presence, and proud that Singapore is the second office we have opened in Asia, as part of our Asian growth strategy. Maples and Calder is truly an international law firm, and we are keen to explore the opportunities that await us in this new jurisdiction," said Henry Smith, Maples and Calder’s global managing partner, in a statement.

Aside from Cayman Islands and Hong Kong, Maples and Calder has offices in the British Virgin Islands, Dubai, Dublin and London.

Ranajit Dam is Southeast Asia Editor at ALB. Follow us on Twitter: @ALB_Magazine.

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