Matthew Grigg is to join the corporate practice at law firm Carey Olsen Bermuda Limited as a partner.

The firm said Mr Grigg is the second partner hire for the corporate team in the past year as it continues to expand and broaden its capabilities and offering.

He joins Carey Olsen after 25 years with Clifford Chance LLP in London, the past 17 of which have been as a partner.

Mr Grigg has particular expertise in structured finance and financial products, structured debt, derivatives and offshore corporate structuring.

In addition to advising global investment banks, funds, retail banks, end users and service providers on all forms of structured finance transactions, he also advises clients on regulatory change, collateral arrangements, restructuring and all forms of sales and trading documentation.

Michael Hanson, managing partner of Carey Olsen Bermuda Limited, said: "A partner of Matthew's calibre and international reputation is required for the next phase of our strategy, which is to both solidify our place as a leading law firm and expand the breadth of Bermuda legal services to enable us to compete with other offshore jurisdictions in relation to legal products not historically seen in Bermuda.

"Further, with almost two decades as a leading partner in one of the world's top law firms, Matthew will be a huge benefit to our staff in terms of mentoring and strategic guidance.

“Together with Steven (Rees Davies), Mary (Ward) and Gavin (Woods), the appointment of Matthew reinforces the considerable experience and significant strength in depth that exists in our corporate team."

Mr Grigg said: "I am incredibly excited to join the Carey Olsen team in Bermuda, which is a firm I have worked with and admired for many years. I look forward to being part of the market leading team and contributing to the island business community as a whole."