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Guernsey Law Firm Hires Internationally Acclaimed Offshore Fund Establishment Specialist

2011-04-20

April 20, 2011, Guernsey, Channel Is. Press Dispensary. Guernsey law firm Babbé is appointing to its team the internationally acclaimed funds establishment specialist, Robert Varley, who brings his expertise to the island’s offshore financial sector.

Guernsey is the top global location for offshore companies listed on the London Stock Exchange and its position as a leading funds domicile is highlighted by the recent announcement that 2010 witnessed a 39.7% rise in funds managed or administered from the island, reaching a total of £257.4 billion. The island is currently seeing a recovery of the global fund industry.

Robert, a highly successful offshore funds specialist who was previously managing partner of Walkers' Dubai office, has worked on a large number of open and closed-ended investment structures during his career, with a focus on private equity, real estate and infrastructure funds. He is noted for his pioneering work on Islamic funds, which led to him working in the Middle East for five years.

Robert Varley says: "Thanks to my new role at Babbé, I will be playing an active part in the continued growth of Guernsey’s funds industry . As a practitioner, it’s satisfying to be in an environment where the industry has over 40 years of experience, and enjoys an unsurpassed reputation for combining intelligent regulation with innovation."

Andrew Laws, managing partner of Babbé, comments: "The appointment of Robert Varley helps consolidate Babbé's position as a prominent player in the world’s top funds domicile. He is a welcome addition to our already strong team."

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Notes for editors
Babbé is a prominent Guernsey law firm with an international reputation for providing high quality legal services to the offshore financial sector. It operates in the areas of corporate and commercial, trust and fiduciary, funds, dispute resolution, insolvency, property and insurance.

For further information, please contact:
Robert Varley, Babbé
Tel: 01481 746178
Email:

David Spring
Tel: 01481 746114
Email:

http://www.babbelegal.com

Media contacts

Robert Varley
Tel: 01481 746178
Email:

David Spring
Tel: 01481 746114
Email:

http://www.babbelegal.com

Keywords/tags
funds management offshore funds funds establishment Babbe Robert Varley offshore investment

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