Ms Bannon has extensive experience advising on legal and regulatory obligations across the asset management sector, having worked on various legal, regulatory and advisory projects, including the establishment of investment funds in Ireland and the distribution of investment products across the globe.

Vincent Coyne, co-head of William Fry’s asset management and investment funds department, said: “I am delighted to welcome Derina to our market-leading funds team.

“Our continued investment in the best people underlines our commitment to the delivery of consistently excellent results for our clients.”

William Fry represents some 650 Irish-domiciled funds and is the sole legal advisors to six of the 10 largest fund structured by AUM domiciled in the jurisdiction.