Asia-headquartered global firm King & Wood Mallesons has announced what it describes as ‘rocketing’ financial results for its Europe and Middle East (EUME) practice.  

Profit per equity partner soared 39% to £610,000 on income up 7% to £191m in 2014/15.

William Boss, managing partner, said: 'This is an exciting time for our region with great success on recent panel appointments such as FSCS, One Savings Bank and the AA, which saw us advise on their £1.14bn refinancing. 

'Our strength in areas like private equity continues to be at the centre of our business and we are delighted to advise our established clients like PAI Partners on their sixth fund formation as well as UK Green Investment Bank on the world’s first dedicated offshore wind fund.' 

He added: ’Furthermore our global capability continues to pay dividends with advice on matters such as South32 on its demerger from BHP Billiton and its primary listing on the Australian Securities Exchange and standard listing on the London Stock Exchange.’

International firm SJ Berwin merged in 2013 with Australian-Chinese giant King & Wood Mallesons to create a firm with combined turnover of $1bn.

King & Wood Mallesons EUME has made 15 partner hires over the last financial year, included a string of appointments to the Real Estate group from Eversheds.

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