Maples Group Recognised as a Leading Service Provider for Alternative Assets by Preqin

The Maples Group is pleased to announce that it has been recongised in Preqin’s Service Providers in Alternatives 2024 report, a prominent source of data and intelligence for the alternative assets industry.

Impressively, Maples and Calder, the Maples Group’s international law firm, was listed as one of the top two prominent law firms servicing the following entities:

• Commodity Trading Advisers (“CTAs”)
• Single Manager Hedge Funds
• Funds of Hedge Funds
• Offshore Hedge Funds

Demonstrating the breadth of its global funds team across key regions, the firm is ranked as the leading legal adviser and fund administrator servicing hedge funds in the APAC and rest of world categories and in the top three law firms who service hedge funds in Europe and North America.  In terms of the value of the fund assets under management, the firm boasts a top two ranking of market share in five of the six categories (e.g. less than $50mn; more than $1 billion, etc).

Welcoming the 2024 Preqin report, Michael Richardson, global head of the Maples Group’s Funds & Investment Management practice, remarked: “Across the Maple Group’s multi-jurisdictional global network, our Funds & Investment Management team has grown considerably over recent years as a result of increasing demand for our services from global hedge fund and private equity fund clients. The 2024 Preqin report reinforces our global Funds & Investment Management practice’s reputation as the market leader in providing legal services to investment funds, investment managers, investors and providers of fund financing. As a trusted team of experienced lawyers and professionals who have deep technical, sectoral and jurisdictional knowledge, we remain committed to providing the highest level of client service to our international clients”.

The Preqin Service Providers in Alternatives 2024 report was compiled using data on almost 100,000 private capital funds, 532,000 private capital deals, 54,000 hedge funds and over 9,500 service providers from Preqin Pro.

Preqin recognised the Maples Group in the following categories:

• Ranked #1 in Market Share of Leading Law Firms Servicing Hedge Funds by Fund Manager Location — APAC
• Ranked #1 in Market Share of Leading Law Firms Servicing Hedge Funds by Fund Manager Location — Rest of the world
• Ranked #2 in Prominent Law Firms Servicing CTAs
• Ranked #2 in Market Share of Leading Law Firms Servicing Hedge Funds by Fund Assets under Management — less than $50mn
• Ranked #2 in Market Share of Leading Law Firms Servicing Hedge Funds by Fund Assets under Management — $50-99mn
• Ranked #2 in Market Share of Leading Law Firms Servicing Hedge Funds by Fund Assets under Management — $250-499mn
• Ranked #2 in Market Share of Leading Law Firms Servicing Hedge Funds by Fund Assets under Management — $100-249mn
• Ranked #2 in Market Share of Leading Law Firms Servicing Hedge Funds by Fund Assets under Management — $1bn or more
• Ranked #2 in Prominent Law Firms Servicing Single Manager Hedge Funds
• Ranked #2 in Prominent Law Firms Servicing Funds of Hedge Funds
• Ranked #2 in Prominent Law Firms Servicing Offshore Hedge Funds
• Ranked #2 in Market Share of Leading Law Firms Servicing Hedge Funds by Fund Manager Location — Europe
• Ranked #3 in Market Share of Leading Law Firms Servicing Hedge Funds by Fund Assets under Management — $500-999mn
• Ranked #3 in Prominent Law Firms Servicing Hedge Funds Launched in 2023-H1 2024
• Ranked #3 in Market Share of Leading Law Firms Servicing Hedge Funds by Fund Manager Location – North America
• Ranked #3 in Market Share of Leading Law Firms Servicing Hedge Funds by Fund Manager Location – Europe
• Ranked #10 in Most Utilised Fund Administrators by Fund Manager Location – APAC
• Ranked #11 in Prominent Law Firms Servicing Onshore Hedge Funds