Mourant Ozannes has received further industry recognition for its market-leading work in investment funds in the latest edition of Legal 500, an independent legal directory. The firm once again maintained its top tier ranking in Jersey, with all seven Jersey funds partners individually recognised as leading lawyers in their respective markets. This included the team's newest partner, Alistair Horn, who was promoted to the partnership in February. In Guernsey, the growing funds team maintained its ranking, with four Guernsey partners recommended in the guide, and was praised as 'excellent' with 'strong jurisdictional knowledge'.

Clients described Mourant Ozannes as 'the best funds firm in Jersey', which is 'particularly strong in client service, backed up by a wealth of experience and knowledge in the local regulatory regime’. The firm's lawyers were praised for their ability to 'solve the most complex problems with the minimum of fuss’ and  to combine 'command of the technical detail with commercial pragmatism’.

The recognition reinforces Mourant Ozannes position as the go-to legal adviser in Jersey's funds industry, advising 836 funds in total with an overall value of US$302bn. This is nearly triple the value of funds advised by its nearest competitor, according to independent annual research by Monterey Insight (2016 edition). Across the Channel Islands, Mourant Ozannes advises on one third of all funds in Guernsey and Jersey.

Mourant Ozannes Funds Partner, Felicia de Laat, said: "This recognition of our unrivalled position as Jersey's leading firm for investment funds legal advice is particularly important to us, because it is driven by feedback obtained directly from our clients and peers.

"Now more than ever, our clients expect excellent levels of service, coupled with deep regulatory and market insight and this is something that truly sets us apart. Having a large, expert team with a collegiate ethos allows us to work collaboratively on large, high value funds matters which are not only significant projects for our team, but also vital to the continued growth and development of Jersey's funds industry as a whole.

"We would like to thank all those clients who gave their time to speak with the researchers and for providing such positive feedback on our services."

Highlighted deals demonstrated Mourant Ozannes' particular expertise in high value fund launches, such as advising CVC Capital Partners, one of the world's leading private equity and investment advisory firms, on the launch of its seventh flagship fund for private equity investment in Europe and North America, CVC Capital Partners VII. The fund closed with a hard cap of approximately €15.5 billion (the largest ever fundraising by a European private equity firm) and received commitments from over 300 investors.  

The Legal 500 UK is an independent guide to the UK's leading law firms, compiling rankings and commentary based on interviews with the featured firms, both client and competitor feedback and market analysis from the past 12 months.