Ogier has been recognised as a top tier legal adviser to Jersey domiciled funds.

Two firms, Ogier and Mourant du Feu & Jeune, top the table of Jersey legal advisers recently published by Lipper Fitzrovia, the investment fund research company owned by Reuters.  The report disclosed that Mourant and Ogier advised in aggregate on Jersey Investment Funds worth almost 70 per cent of the total assets under management.

The domiciled market share ranking includes all Jersey domiciled Collective Investment Fund permit holding public funds and Control of Borrowing authorised private funds, but excludes securitisations and non-domiciled funds.

Mourant has advised in relation to funds with assets totalling US$51.4bn. while Ogier is second in the table, having advised on 200 Jersey funds, with assets totalling US$23.1bn as at 30th June 2006.

Ogier partner Richard Thomas said: “We have advised on a wide range of specialist investment funds in Jersey including private equity, mezzanine, leveraged loan and real estate funds.  We have also just completed the first conversion of two traditional umbrella funds to new Protected Cell Company structures in combination with the merger of the two funds and expect this to lead to increased use of these procedures by other sponsors and managers.  It is rewarding to see our expertise and the use of our specialist knowledge recognised in these statistics.”