Former Linklaters capital markets partner Nigel Pridmore has taken a new role at Ashurst’s Hong Kong office, more than four months after quitting the magic circle firm in London (3 March 2014).
He will also be working with former colleague Stephen Edlmann, who held the roles of international finance chief and co-head of equity capital markets at Linklaters before joining Ashurst as a consultant in 2010.
Pridmore, who joined the magic circle firm in 1998, worked primarily in Linklaters’ London office but was relocated to Hong Kong between 2006 and 2010.
His decision to quit the firm came one month after the election of Linkaters’ new Asia managing partner Marc Harvey. Harvey took up the reins in the region after former Asia chief Stuart Salt switched to lead the firm’s global projects group in February 2014 (2 December 2013).
Paul Jenkins, who co-heads Ashurst’s global finance division said: “Nigel’s appointment is one of many significant steps Ashurst’s finance team in the Asia Pacific region has made in recent months to add to our client offering, including the strategic relocation of key partners to Asia, lateral hires and internal promotions to partnership.”
The firm’s debt capital markets chief Anna Delgado added: “In the last few years, we have made considerable investment into strengthening our practice, having recently hired Francis Kucera from Linklaters and Derwin Jenkinson from Clifford Chance. Given Nigel’s expertise and reputation in the market, this appointment will greatly enhance our core capital markets practice in the Asia Pacific.”
Other recent exits from Linklaters’ capital markets practice include Singapore partner Arun Balasubramanian who quit for Freshfields Bruckhaus Deringer in July 2013 (9 July 2013), and three capital markets partners and two lawyers moved to White & Case’s Paris office in February 2013 (28 February 2013).
The appointment brings partner headcount in Ashurst’s Hong Kong office up to 12, headed up by corporate partner Robert Ogilvy Watson.