The award was presented by Howard Marks, Chairman of private equity firm, Oaktree Capital and accepted by Matt Wood, on behalf of all the funds teams across Mourant's International Finance Administration division.

The aim of the European Private Equity Awards is to recognise and highlight excellence and specific achievement throughout many sectors of European Private Equity, encouraging providers to raise standards, improve efficiency and increase innovation in what they do.

Commenting on winning the award, Ian Lambert, CEO of the International Finance Administration division, announced that:

"It is enormously satisfying to see our efforts rewarded in this way and particularly pleasing at a time when our teams are very busy handling the strong growth in our business across Europe, North America and now into Asia."

He continued: "As an indication of how much we have grown, the latest figures for total fund commitments under our administration stands at over US$150 billion, up from US$100 billion this time last year. This is an outstanding performance and I thank all our employees for their contribution."

The award comes shortly after Mourant expanded its funds business into Asia, opening offices in both Hong Kong and Singapore.

Mourant International Finance Administration now has offices in Luxembourg, Cayman, Guernsey, Hong Kong, Jersey, London, New York, San Francisco and Singapore. The wider Mourant group also has offices in Dubai, and has plans for further jurisdictional growth in the coming months.