The Lawyer’s newest product is the most comprehensive overview of the Asia-Pacific legal market yet produced. With rankings of the top 100 local law firms by lawyer headcount as well as analysis of the leading 50 international players in the region, it is essential reading for anyone interested in the strategic future of the world’s fastest growing legal market
Slaughter and May has cemented its corporate ties with private equity house 3i with corporate partner Kathy Hughes advising on the float of its infrastructure fund last week.
3i Infrastructure raised £700m, the largest deal of its kind in Europe. The private equity house now has around £1bn to invest in infrastructure projects worldwide over two years.
The £700m was at the bottom end of the indicative range 3i hoped to raise, its most optimistic forecast being £1.3bn. Hughes said this was largely "just bad luck" as far as the timing was concerned.
"The markets were in turmoil," added Hughes." I think that the 3i infrastructure fund differentiates itself from other listed infrastructure funds through the breadth of its targets; this is a global fund, not a UK one and it doesn’t just look at PFI targets
Slaughters has long been 3i’s preferred corporate counsel. It advised last year on 3i’s £700m return of capital to its shareholders through the issue of bonus “B” shares.