Allen & Overy has boosted its Asian offering with partner Stephen Miller moving from London to Hong Kong to take on the newly-created role of head of Asia capital markets.
Previously practice head of ‘the best capital markets practice in London by a country mile’ as described in The Legal 500, the appointment of Miller illustrates the firm’s dedication to its capital markets offering in the region.
Miller’s appointment to the firm’s Hong Kong office in September, follows the hire of US qualified partner Alex Tao in July. Tao arrived from Davis Polk & Wardwell where he held the position of counsel. In March the firm also brought in Charlotte Robins to its regulatory practice in Hong Kong from Norton Rose Fulbright.
As the firm brought in Tao, Allen & Overy shuffled capital markets partner Alex Stathopoulos from Hong Kong to its Singapore office.
Allen & Overy’s recent changes to the team in the region placates a number of exits the firm’s Hong Kong office has witnessed over the past three years. The firm lost a number of US qualified capital markets to Milbank, Tweed, Hadley & McCloy with partner David Kuo joining the firm early last year following partner James Grandolfo in 2013.
The Magic Circle firm has recently made a substantial investment in its Manhattan practice, breaking lockstep in July to bring on a team which included finance partner Scott Zemser, who joined with Alan Rockwell and Judah Frogel from White & Case. Proskauer Rose partner Rajani Gupta also moved to Allen & Overy with Todd Koretzky, an associate from Milbank, Tweed, Hadley & McCloy who was been made up to partner by the firm.