Singapore. Credit: Agent Wolf/Shutterstock.comWithers Snaps Up Three-Lawyer Funds Team in Singapore From Morgan Lewis
Private funds partner Daniel Yong and two associates join Withers KhattarWong.
September 10, 2019 at 12:39 PM
2 minute read
Withers has hired funds partner Daniel Yong in Singapore from Morgan, Lewis & Bockius.
Yong joins Withers KhattarWong with two associates. He advises private equity funds, sovereign wealth funds, family offices and corporate clients on regulatory and licensing issues as well as cross-border transactions in the Asia-Pacific region.
Yong leaves Morgan Lewis Stamford after more than six years with the firm. He joined Singaporean firm Stamford Law Corp. as a director, a partner-level title, in 2013 and stayed through the merger with Morgan Lewis in 2014 – a first-of-its-kind combination in the city-state. Previously, he was a partner and Singapore investment funds and asset management practice head at legacy Norton Rose.
Withers KhattarWong is itself the product of a merger that took place between Withers and Singaporean firm KhattarWong in January of this year. The two firms have had a formal law alliance since 2015.
The hires come as the Singaporean government has been encouraging more funds to domicile in the city-state, as private wealth becomes an increasingly popular source of capital and financing, Withers said in a statement.
Yong and his team are the latest funds hires in Asia by the U.K.-based private client specialist. Last October, Withers' Tokyo office hired investment funds partners Koji Yamamoto and Yoshiyuki Omori, former partners of Big Four accounting firm Deloitte's Japanese legal arm, as well as Junko Shiokawa, a former partner at offshore firm Harneys. Shiokawa also spends time in Hong Kong.
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