Ashurst Expands Its Reach in APAC

In a significant move to enhance its footing in the Asia-Pacific (APAC) region, Ashurst has welcomed James Ford as a new partner in its global investment funds practice based in Hong Kong. This strategic addition is set to amplify the firm's capabilities and presence as it maneuvers through the fast-evolving legal landscape of the region.

James Ford's Background and Expertise

"James' extensive network and robust relationships with sovereign wealth funds and institutional investors, particularly in Asia and the Middle East, will be instrumental in propelling our APAC growth strategy and expanding our client portfolio,” remarked Nick Goddard, the global practice head of investment funds at Ashurst, in a statement to Asia Business Law Journal.

With an impressive background including a partnership at Allen & Overy Shearman and a leadership role as managing partner at O'Melveny & Myers in Hong Kong, Ford brings a wealth of expertise. His specialization spans private equity, alternative assets, fundraising, secondary transactions, and mergers and acquisitions involving asset managers. Notably, he stands out as a pioneer in the APAC secondaries market, having established strong ties with sovereign wealth funds throughout the region.

Addressing Complex Challenges in the APAC Region

Goddard underscored the importance of Ford’s recruitment, noting that the increasingly intricate regulatory, tax, and transactional challenges in the APAC region have heightened the demand for comprehensive legal services. “James’ appointment is pivotal as it enhances our capacity to guide our clients through these complexities effectively,” he added.

Growth and Specialization in the APAC Legal Market

As the APAC market continues to evolve, driven by economic shifts and investment trends, firms like Ashurst are poised for growth. The integration of seasoned professionals such as James Ford not only enhances internal capabilities but also positions the firm to leverage emerging opportunities in one of the world's most dynamic regions.

As the legal industry in Asia moves towards greater specialization and adaptation to local needs, Ashurst's strategic hiring is indicative of a broader trend among law firms responding to the demands of an increasingly interconnected global economy. With Ford on board, Ashurst is set to strengthen its comprehensive service offering and navigate the complexities that lie ahead in the APAC legal landscape.