Ogier in the Cayman Islands has promoted a funds specialist and a finance lawyer to partner.
Funds specialist Justin Savage has been promoted to partner in Ogier's Cayman Investment Funds team; finance lawyer Mark Santangeli has also been made partner.
Savage, who joined Ogier in 2013, advises some of the firm's largest investment fund clients on the full life-cycle of open-ended and closed-ended investment funds and private equity structures.
He practiced in London and in Tokyo before joining Ogier, and also has extensive experience of advising clients on a broad range of cross-jurisdictional corporate transactions, including restructurings and mergers and acquisitions.
James Bergstrom, the Practice Partner of Ogier's Cayman team, said: "We are delighted that Justin has joined the partnership – he has made a mark on the firm as a first-class investment funds lawyer with a proactive approach to the firm's wider innovation agenda and to keeping clients fully briefed on regulatory changes.
"Justin's promotion reflects not just his technical skills and expertise as a lawyer, but also his leadership qualities and client relationship skills."
Santangeli has a wealth of experience in representing both borrowers and lenders - including major financial institutions, multilateral international financial institutions, private equity and hedge funds - in all types of lending products. In the context of corporate financings, he regularly acts for large bank syndicates and large corporate multinationals.
His structured finance practice began in his previous role in-house at Bank of Scotland Corporate where he advised extensively on CMBS and conduit-based securitisation. Mark continues to advise on a variety of structured finance transactions including CLOs, securitisation and other types of bespoke structures.
Ogier's global head of banking and finance, Angus Davison, said: "Mark has a formidable reputation in the Cayman finance market and, in particular, is known for his expertise in fund finance, asset finance and structured finance. As well as being technically strong, Mark is also highly responsive, commercial and pragmatic."
Ogier, Merger & Acquisition, Restructuring, Investment funds Lawyer, Justin Savage, Mark Santangeli, James Bergstrom, Angus Davison, US