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  • Freshfields Bruckhaus Deringer promoted Beijing corporate partner Doug Markel to managing partner for China for a term of three years. His practice covers Chinese M&A, joint ventures, private equity deals, corporate reorganizations and information technology and media ventures. Markel has been based in Beijing for 14 years and takes over from Michael Moser.
  • AEON Thana Sinsap closed its second credit card securitization, which was also the second such deal for Thailand. The Bt 2.28 billion ($59 million) securitization of credit card receivables was the first to use subordinated bond tranches. Allen & Overy's Bangkok office advised arranger and manager Citicorp Securities while Baker & McKenzie acted as seller's counsel. Bangkok head of banking Stephen Jaggs led the Allen & Overy team.
  • The Portuguese Government has approved the new regime on mortgage bonds and mortgage credit institutions.
  • Over the past five years, the hedge fund market has witnessed exponential growth, with over 8,000 funds now managing an estimated $1 trillion of assets globally. As a result, hedge funds are at a juncture where they find themselves looking for new opportunities for growth.
  • The first ordinary-share listing on Dubai's new stock exchange could trigger a wave of similar issues. James Rice investigates how international law firms are reacting to developments in the region
  • Studios are increasingly using securitization to help finance film production. Edward De Sear examines the challenges of putting together a new generation of deals
  • Catherine Moss, Clyde & Co Clyde & Co reacted to the growth of Middle Eastern capital markets by relocating equity specialist Catherine Moss to the firm's Dubai office. Moss has experience in IPOs, secondary listings and public and private takeovers, acting for corporates, brokers and investment banks. Moss's move to Dubai follows that of fellow partner Brian Nash and brings the total number of Clyde partners in the UAE to 11.
  • The investment of private savings in the securities market in Latvia is regulated by the Investment Managing Companies Law of 1997. The law provides the procedure for establishment and operation of investment managing companies, the procedure for public investment of money in Latvia and for the joint investment of this money on behalf of the investor in investment funds administrated by investment management companies.
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