Laven
Partners, the alternative investment consultant, has gained four Asian clients for structuring and
regulatory compliance services, its first in the region.

The clients, all Asian hedge fund managers, are being serviced from Laven’s
new office in Singapore, where it shares resources with local firm GFIA Pte,
a hedge fund consultancy focusing on Asian and emerging markets.

Laven
Partners will provide its Asian clients with ongoing compliance services,
including compliance systems reviews, preparation and review of compliance
manuals and operational/risk management procedures and assessments on
operations. Laven Partners will also set up the fund structures and
operations of new managers based in Singapore.

“We have been long considering
entering the Asian hedge fund industry and it’s great to see this level of
success in such a short span of time," said Jerome
Lussan, chief executive of Laven Partners. " We see ample opportunity here,
especially in Singapore where requirements for locally based managers will
become more stringent with upcoming changes to the local and global
regulatory regime.”

The Monetary
Authority of Singapore is currently implementing a number
of changes to the regulatory regime in Singapore, including new requirements
for fund management companies to have two Singapore based principals, the
implementation of risk management functions and the requirement for filing
annual audited statements with the MAS.

These changes are likely to be
implemented by the second quarter of 2012.