Dechert has announced that private equity and hedge funds specialist Angelyn Lim will join the firm as a partner in its Hong Kong office. Lim, whose appointment will bring the number of  fee earners in the firm's Hong Kong office to 10, was previously at Herbert Smith and Stephenson Harwood & Lo.

'Angelyn's experience in global securities and asset management adds a strong dimension to our services in Asia for investment funds,'  say s  Peter Astleford who co-chair s  Dechert's financial services practice.

 Lim has been has played a large role in many of the regions's most significant financial transactions, acting for a Japanese asset management group in the establishment of a $US1.5bn umbrella hedge fund and the largest local independent financial intermediary in Hong Kong in the establishment of a retail fund distribution platform.

Last month ALB reported that the firm had appointed former Shanghai General Motors GC Henry Wang as managing partner of its newly opened Beijing office.