Appleby is set to launch in Dubai and Zurich – making it the largest offshore firm in terms of office numbers alongside Conyers Dill & Pearman.
The Dubai office will be manned by global structured finance practice head Jeanne Bartlett, along with a second partner. It will focus on investment funds, private equity, securitisation, major projects, property and private client services.
It is intended that the Zurich office, where partners are yet to be named, will give Appleby clients access to private bank and institutional services in Switzerland.
Appleby’s global group managing partner Peter Bubenzer said: “We see significant opportunities in the Gulf region and the expansion of our private wealth business in the more traditional Swiss market. The new offices will provide our corporate, institutional and private clients with greater resources both in the locations and time zones in which they do business and a broader choice across the key offshore jurisdictions.”
The move takes Appleby’s office base from seven to nine – a larger geographical base than offshore leader Maples and Calder.