Jones Day has hired a new partner to its private equity practice in Hong Kong to expand its fund formation expertise in Asia.

Scott Peterman joins the firm from Sidley Austin where he built his reputation acting for private fund sponsors and investors in the formation of alternative investment vehicles, including private equity funds, real estate funds, and hedge funds.

Robert Thomson, partner-in-charge of Jones Day Hong Kong said: “We are delighted to welcome Scott to the Hong Kong office. Scott's extensive industry knowledge and market leading experience make him a great asset to the firm and significantly enhance not only our global private equity capabilities, but also our collective office and firm wide offering to local and international clients.”

Peterman also advises on general corporate and commercial transactions, including M&A, leveraged buyouts, venture capital, and entrepreneurial transactions for high-tech and communications companies, as well as network, broadband, wireless, telecom, internet, cable, and communications hardware and software businesses.

Alongside its strong Singapore investment funds practice, Jones Day now has increased capability to advise fund sponsors and investors on an Asia-wide basis.