Business
Burford Opens in Singapore & Appoints Quentin Pak
Burford Opens in Singapore & Appoints Quentin Pak.
About this update from Burford Capital Limited
[{"type":"text","content":"\n \nRNS Number : 4842S Burford Capital 03 October 2017 \n\nBURFORD CAPITAL OPENS IN SINGAPORE \nAND APPOINTS QUENTIN PAK AS DIRECTOR\n \n \nOctober 3, 2017 - Burford Capital (\"Burford\"), a leading global finance firm focused on law, today announces that it is expanding its business in Asia-Pacific with additional investment in Singapore and the appointment of Quentin Pak as Director to lead operations there. The development further cements Burford's status as a leader in the emerging Asian market for commercial litigation and arbitration finance. It also provides Burford with a platform from which to continue to expand its presence in the region.\n \nBurford's continued focus in Singapore follows increased demand for legal capital in the wake of January 2017 amendments to Singapore law permitting arbitration finance. In June 2017, Burford announced that it had financed its first Singaporean arbitration matter which, to Burford's knowledge, is the first Singapore-seated arbitration funded by a third-party finance provider. \n \nMr. Pak, who joins Burford effective October 30, will run Burford's office in Singapore and be responsible for expanding Burford's presence in Asia and Australia. He joins Burford with 20 years of experience in finance and law, most recently as Head of Commodities (Asia) at Commonwealth Bank of Australia in Singapore. His previous experience includes senior positions at major global financial institutions including Barclays, Goldman Sachs and Deutsche Bank. Before entering the finance world, Mr. Pak practiced law for a number of years with Allen & Overy in both London and Singapore. \n \nChristopher Bogart, Burford's CEO, commented: \n \n\"Burford sees significant potential in the Asia-Pacific market following the passage this year of new laws in the region, including Singapore, that support our business. With the addition of a Singapore office and with Quentin's on-the-ground leadership and vision, we're enthusiastic about meeting the increased demand for third-party capital with smart and cost-effective solutions.\"\n \n \nEND\n\n\nContact:\nAsia-Pacific and EMEA: Neil McLeod, PHA Media, +44 20 7440 0811, [email protected]\nN. America: Emma Murphy, The Neibart Group, +1 (718) 875-4545, [email protected]\n \nAbout Litigation Finance in Sin...