Simpson Thacher & Bartlett, a leading U.S. law firm, has announced its launch in Luxembourg, marking its expansion by hiring key figures in the region’s investment funds sector. The firm has recruited three prominent partners: the co-head of funds at A&O Shearman and the co-head of investment funds at Clifford Chance. This strategic move follows the recent trend of major firms setting up operations in Luxembourg, a central hub for European fund management and related services. This development illustrates the increasing importance of Luxembourg in the legal landscape, especially for firms targeting European markets.
For further details on this expansion and its implications, you can access the full article on Law.com International.