Ogier has walked away with yet another coveted hedge fund industry award marking its leadership in the offshore investment funds arena.

The Hedge Fund Journal awarded Ogier “Offshore Law Firm of the Year 2008” by a panel who judged contenders for the award based on innovative transactions and ground-breaking work. Ogier picked up this award for the 2007 Absolute Capital restructuring, which was the first fund restructuring of its kind to be carried out in the public eye.  Rod Sparks, publisher of The Hedge Fund Journal congratulated Ogier on the win, noting one of the main reason for the panel’s choice:  “In giving our Offshore Law Firm award to Ogier we seek to acknowledge the very significant strides taken by Ogier to build-out its hedge fund practice in the top offshore centres," he said.  "Mention should also be made of the work done by Peter Cockhill and his team who executed a significant fund restructuring, which has signalled a change in the way hedge funds react to liquidity issues brought on by accelerated redemption requests”.

James Bergstrom and Peter Cockhill, co-heads of Ogier’s Global Investment Funds practice were delighted to accept the award, presented at the Guggenheim museum in New York.  “Receiving The Hedge Fund Journal in both the European and the North American markets in a single year, based on our team’s ability to provide innovative solutions to our clients is important to us.  Our strength across continents and our sustained and steady growth has continued to gain us these awards from industry commentators and our clients and it is a tribute to our entire investment funds team to receive it”.