Guernsey Law Firm Taps Offshore Funds Specialist

May 3 2011 | 1:19pm ET

The Guernsey law firm Babbé has added fund-establishment specialist Robert Varley to its team.

Varley joins the Channel Island firm from Walkers’ Dubai office, where he served as managing partner. During his career, Varley has focused on open and closed-end investment structures—particularly private equity, real estate and infrastructure funds. He also worked in the Middle East for five years, specializing in Islamic funds.

Guernsey, a popular location for offshore companies listed on the London Stock Exchange, saw a 39.7% rise in funds managed or administered from the island in 2010, bringing total assets under management to £257.4 billion.

Babbé operates in the areas of corporate and commercial, trust and fiduciary, funds, dispute resolution, insolvency, property and insurance.


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