Walkers Wins Key Fund Award for Channel Islands

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Walkers in Jersey named Investment Funds Law Firm of the Year

(St Helier, Jersey - May 29 2014) – Leading international law firm Walkers is pleased to announce that its Jersey Investment Funds Group has been recognised once again with the award of Investment Funds Law Firm of the Year – Channel Islands by Acquisition International magazine.

This prestigious accolade in the 2014 Acquisition International Fund Awards, comes alongside a number of other global recognitions for the firm, with Walkers also named Hedge Fund Law Firm of the Year – Cayman Islands and Investment Funds Law Firm of the Year – British Virgin Islands.

These prominent awards highlight the depth of expertise across Walkers' Global Investment Funds practice and the firm's commitment to excellence, with Walkers lauded for the quality of its legal services across the world's key offshore investment fund domiciles.

"We are delighted to be recognised as the leading investment fund practice in the Channel Islands, especially by a publication well known for its sophisticated analysis of the market and its knowledgeable readership," commented Jonathan Heaney, Managing Partner of Walkers' Jersey office and the Head of Walkers' Jersey Investment Funds Group. "It's certainly an exciting time for the jurisdiction as our fund regime continues to evolve, against the backdrop of the implementation of the AIFM Directive and we look forward to continuing to share our knowledge and expertise on these fast moving developments with our clients."

These awards reinforce Walkers' reputation as a leading international financial centre law firm for investment funds. The firm is particularly renowned for its expertise in real estate funds, holding structures and finance, with considerable experience in all aspects of fund formation and the structuring of related vehicles, as well as the day to day operation of investment funds and the continued activities of the fund vehicle or the downstream acquisition structures.

"Regulatory issues remain high on the agenda for the investment fund community in Jersey as the jurisdiction looks to ensure full passport privileges for our product suite and regulatory framework," said Nigel Weston, partner with Walkers in Jersey. "The industry as a whole has devoted significant attention to this issue in recent years and we are confident that Jersey more than meets the demands of investors and managers alike and will thrive in this new era of higher global regulatory standards."

Walkers has long been regarded a leader in the investment funds space and has also received past recognitions as the top offshore law firm by publications including Alpha Magazine, HedgeWeek, The Lawyer, Who's Who Legal and Asian Legal Business.