Hogan Lovells hires leading Asia project finance partner
27 January 2012
SINGAPORE, 27 January 2012 - Hogan Lovells has bolstered its top-ranked projects practice with the hire of high-profile Asia finance partner Bruce Schulberg, who will join Hogan Lovells on 30 January.
Bruce Schulberg has been a partner in the Asia region for over 20 years, most recently with Clifford Chance in Beijing where he led their finance practice. At Hogan Lovells, Bruce will leverage his considerable pan-Asian experience to advise financial institutions and sponsors on a broad range of projects transactions throughout the region.
Commenting on the move, Bruce said:
"I have long been impressed with Hogan Lovells' performance in Asia, particularly their project finance practice which is first rate. It is clear to me that the firm provides a unique platform in Asia and globally, which is ideally aligned with my experience and the needs of leading financial institutions and sponsors in Asia."
Crispin Rapinet, Regional Managing Partner, Asia and Middle East, said:
“Our infrastructure and project finance practice is critical to Hogan Lovells' clients across the whole of Asia. We are delighted to be able to bring on board a partner of Bruce's calibre, with a rare depth and breadth of Asia projects experience, whether that be in the energy and resources sector or in relation to major infrastructure projects. Bruce's hire significantly bolsters our existing top tier practice and caters to the growing demand from our clients in this area."
Bruce joins a ten partner regional infrastructure and project finance practice. Over the past year the team has received numerous industry awards for their work advising on numerous landmark mandates, including the:
- US$20 billion financing from China Development Bank to Petroleos de Venezuela (PDVSA) and Bandes (Ministry of Finance of Venezuela);
- US$1 billion financing of GNPower Mariveles Coal Plant Project in the Philippines;
- World's largest project finance deal, the PNG LNG Project Financing, and;
- World's first and largest sports infrastructure Public Private Partnership (PPP) project, the Singapore SportsHub Project.
Bruce's track-record closely aligns with that of Hogan Lovells team. He recently advised the Lead Arranging Banks on some of the largest and most complex deals to close in the market, including several multi-billion dollar resource backed financings, the US$11 billion Central Asia-China Pipeline project, the US$1.2 billion financing of the Karan Iron Ore Project in Australia and a series of "fast track" coal fired power projects in Indonesia.