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Project Finance Hire Marks Critical Step in Ashurst's Ambition to Be the World's Leading Projects Firm

Global law firm Ashurst announces the appointment in New York of Betty Cerini, one of the leading figures in the global project finance market. In a landmark hire, Betty joins as co-chair, alongside Andy Fraiser, of Ashurst's infrastructure team covering the Americas, with a mandate to help drive forward the delivery of the projects/project finance strategy in the US, Latin America and globally.

Over a stellar career, the roots of which trace back to the 1980s, Betty has been a key player in the development of project finance as a product and its subsequent application to a significant range of transactions in the US, Latin America and elsewhere. She was formerly a partner at Dewey & LeBoeuf LLP in the Latin American and Project Finance Practices where she garnered a wide array of accolades including consistent recognition in leading legal directories such as Chambers Global, Chambers USA and Chambers Latin America. She has unparalleled experience advising clients in relation to the development, financing, construction and operation of capital-intensive projects, including projects and public-private partnerships in the transport, energy and water sectors. Betty joins from Hunton Andrews Kurth LLP, where she has worked since 2012.

Andy Fraiser, global head of project finance and managing partner of Ashurst in the US, said:

"Projects and project finance sits at the heart of Ashurst's global strategy. Truly a leading figure in project finance, Betty joins us to help us deliver on our ambition to be the world's leading firm in this arena. Betty's appointment is a real game changer hire for Ashurst's global finance group. She is an outstanding lawyer and her experience and reputation in the US and LatAm project finance markets is first class and second to none. We are serious about our intention to be one of the world's leading projects firms and, across the globe, we have hired 10 lateral partners focused on this area in the last year. Betty is a critical part of that ambition."

Betty Cerini, said:

"Ashurst has an exceptional reputation and platform in the global project finance market. Being part of a team with such serious ambitions and helping to further extend its market-leading position is a fantastic opportunity."

Notes to editors:

Ashurst is a leading international law firm with world class capability and a prestigious global client base. The firm's in-depth understanding of its clients and commitment to providing exceptional standards of service has seen it become a trusted adviser to local and global corporates, financial institutions and governments on all areas of commercial law. The firm's people are it greatest asset and it brings together lawyers of the highest calibre with the technical knowledge, industry experience and regional know-how to provide the incisive advice clients need.

Ashurst has 27 offices in 16 countries and offers the reach and insight of a global network, combined with the knowledge and understanding of local markets. With 400 partners and a further 1,300 lawyers working across 10 different time zones, the firm is able to respond to clients wherever and whenever required. As a global team, Ashurst has a reputation for successfully managing large and complex multi-jurisdictional transactions, disputes and projects and delivering outstanding outcomes for clients.

Contacts:

For further media information/interview opportunities:
Jo Shepherd
T +44 (0)207 859 2760 / +44 (0) 7771 896 290
E jo.shepherd@ashurst.com

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