London-based asset management consultancy MJ Hudson has launched a new office in Milan, Italy.

The entity will operate under the name MJ Hudson Alma, with Alessandro Corno and Marco Zechini as founding partners.

Previously, Corno was a partner of the Milan offices of DLA Piper and Jones Day. He also founded Gatti Pavesi Bianchi’s financial regulation practice group.

Zechini currently works at the Rome-based practice of US law firm Orrick. He will assume the new responsibility this March.

“The plan is to build out the MJ Hudson Alma team rapidly working with fund managers, pension plans, asset owners and banks,” Corno stated.

The Milan office will also include associate lawyers as well as support staff.

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The new business will mainly handle fund formation and financial regulatory mandates.

MJ Hudson launched its Luxembourg office in 2017. The aim was to offer clients more options after Brexit.

Last month, the firm strengthened its Swiss team by adding a partner to its branch in Zurich.

MJ Hudson senior partner Matthew Hudson said: “With well-established operations in both Luxembourg and Zurich, the Italian market has long been on our radar, as we seek to expand and build a network of expert legal practices across Europe.

“Alessandro Corno and Marco Zechini have a strong pedigree and are particularly adept and experienced at managing cross border funds and leading on deals involving Italy, as well as other key European fund jurisdictions, such as France, Germany and, of course, the UK, Switzerland and Luxembourg, where we are already established.”