Happy Chinese New Year! We were extremely busy the past few months, including most of our US based team working from our Hong Kong offices during November and December.

Evan JowersAs a follow up from our recent post, which listed our 62 US associate and counsel placements in Asia last year (vast majority in HK / China), please note that thus far in January ’12, we have already made seven US associate and counsel placements in Asia. This is an especially impressive number, considering the biglaw lateral hiring market in Asia is down right now (see state of the market brief overview below). These new placements are of new hires in Hong Kong, Beijing and Shanghai, who were interviewing with their new firm for a month or more and they are spread out among different practice areas, including project finance, litigation, fund formation, M&A and cap markets. We are close on four additional new associate placements, in Hong Kong, Tokyo and Shanghai, that we expect to close soon. We do not discuss partner placements in these articles, but the pace of partner recruitment in Asia (a large part of our business) has continued.

Hedge Fund In-House Openings in Hong Kong

We are seeing a small run of new in-house openings in Hong Kong at hedge funds. We are currently filling three different in-house positions at three different hedge funds in Hong Kong, two of these searches we are handling on an exclusive basis. All three will most likely be filled by a US associate, with about 4 to 6 years of experience. Mandarin not required. Candidates from NYC and London will be considered, but at one of these funds the new hire will likely come from Hong Kong / China or Singapore (with HK being the strong preference).

Please feel free to reach out to us at asia@kinneyrecruiting.com if you are interested in these hedge fund openings. As you probably would expect, the competition for these spots will be fierce and the funds will be very selective when choosing which candidates to interview (more…)

Hogan Lovells has bolstered its top-ranked projects practice with the hire of high-profile Asia finance partner Bruce Schulberg, who will join Hogan Lovells on 30 January (more…)

www.hoganlovells.com

Freehills has hired Competition and Antitrust partner Daniel Preston just months after promoting Patrick Gay to the partnership, confirming Freehills’ move toward the standout Competition practice in the country (more…)

www.freehills.com

Mallesons Stephen Jaques, a leading law firm in the Asian region, starts 2012 with greater partner depth and a significantly enhanced leadership team (more…)

www.mallesons.com

Leading international law firm Clifford Chance has advised a seller formed by funds advised by CVC Asia Pacific (CVC) on its sale of Minit Asia Pacfic Co. Ltd (Minit Asia) to a purchaser formed by the private equity fund, Unison Capital I, L.P (more…)

www.cliffordchance.com

The international law firm Vinson & Elkins LLP further expands its Middle East practice with the addition of project finance partner Dominic Harvey and five new associates (more…)

www.velaw.com

Al-Jadaan & Partners Law Firm, in conjunction with the Dubai office of Clifford Chance LLP, have advised the Saudi Arabian General Authority of Civil Aviation (“GACA”) in relation to the issuance in the Kingdom of Saudi Arabia of a SAR15 billion (approximately US$4 billion) sukuk due 2022 (the “Sukuk”) (more…)

www.cliffordchance.com

Mallesons has added another international gold deal to our track record,  advising the privately owned Chinese corporation, Reignwood International Investment Group, on its agreement to invest $50 million into Citigold Corporation to fund the development of its 10 million ounce gold mine at Charters Towers, Queensland (more…)

www.mallesons.com

Shearman & Sterling advised Kirayaka Bank, Ltd. and The Sendai Bank, Ltd. in connection with their proposed business integration of the two banks via the establishment of a new holding company by means of a share transfer (more…)

www.shearman.com

Corrs Chambers Westgarth has further boosted its restructuring and insolvency capability with the appointment of Jason Salman as a partner in its Sydney Restructuring & Insolvency Team (more…)

www.corrs.com.au

Global law firm White & Case LLP has advised Ruspetro plc on its US$250 million initial public offering (IPO) and admission to the premium segment of the London Stock Exchange (LSE) (more…)

www.whitecase.com

A team from Dechert LLP advised Dufry, the global travel retailer with operations in 46 countries, on its acquisition of 51% of a local travel retail operator at Moscow’s Sheremetyevo International Airport (more…)

www.dechert.com