Walkers advises City Financial on the acquisition of Convex Strategy

International law firm Walkers was pleased to advise City Financial on its acquisition of Convex Strategy, which currently has assets under management of USD180 million.

Walkers provided legal advice on matters of Cayman Islands law to City Financial Investment Company, with partner Jasmine Amaria leading the team from Walkers' London office.

The acquisition further expands City Financial’s Asian business alongside the Asian macro team based in Hong Kong and the Japanese equities team. Convex Strategy was launched in May 2012 and invests in volatility markets both in Asia and globally.

"Walkers was delighted to assist long term client City Financial on this important acquisition and the continued growth of its Asian business," said Jasmine Amaria, partner in Walkers' Global Investment Funds Group.