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Private Equity Multi-jurisdictional Guide: Introduction of the New ELP Law and the Contracts (Rights of Third Parties) Law 2014
14 October 2014 . 8 min readGood News for Cayman Islands Domiciled Private Equity Funds!
The legal landscape for Cayman Islands domiciled private equity and venture capital funds has changed significantly in 2014 as a result of the coming into force of two new laws in the Cayman Islands. Attached is an analysis article written by Corporate Partner Gary Smith, setting out the principal legal changes that will impact on the formation, launch and operation of Cayman Islands domiciled private equity and venture capital funds.
Latest Updates and Insights
INSIGHTS | 21 May 2026
Voidable Transactions in the British Virgin Islands
In certain circumstances, the liquidator of a British Virgin Islands (“BVI”) company may be able to set aside certain transactions which took place in the lead up to the company’s liquidation. It is important for those concerned with the affairs of a BVI company that they are aware...
INSIGHTS | 19 May 2026
Preference shares and redemption rights in the Cayman Islands – an overview
Explore the key features of preference shares and redemption rights in Cayman Islands exempted companies, including investor protections, redemption procedures, and legal considerations for venture capital and private equity investors.
INSIGHTS | 18 May 2026
BVI law: Treatment of DAOs in insolvency situations
How BVI is addressing the legal implications of decentralised autonomous organisations (“DAOs”) with regards to their assets and liabilities.
INSIGHTS | 18 May 2026
Cayman Islands – Guiding Principles for General Partners of private equity funds and venture capital funds in Response to Information Requests from Limited Partners
Section 22 of the Cayman Islands Exempted Limited Partnership Act (2025 Revision) (“ELP Act”) provides: "Subject to any express or implied term of the partnership agreement, each limited partner may demand and shall receive from a general partner true and full information regarding the state of the business...

