Cayman Islands Law/BVI Law Investment Funds Advice

Our Investment funds group has extensive experience in advising investment managers on the formation, structuring and launch of a broad range of investment funds in the Cayman Islands and in the British Virgin Islands.

Loeb Smith advises on a comprehensive set of investment fund areas including:
- Hedge Funds
- Private Equity Funds
- Real Estate Funds
- Distressed Funds
- Other Asset Classes
Loeb Smith attorneys are experts in advising on the formation, structuring, launch, re-organisation and on-going issues relating to Cayman Islands investment funds and BVI domiciled investment funds.

Recent fund manager representations have included working with international counsel on:

The structuring, formation and launch of several private equity funds structured as segregated portfolio companies targeting private equity opportunities across several emerging Latin America and Asian markets. The structuring, formation and launch of a private equity fund structured as segregated portfolio company (with two of its segregated portfolios making a Shariah compliant offering) targeting private equity opportunities across the MENA region.

Advising a US institutional investor on the subscription terms, redemption terms, imposition of redemption restrictions, and the enforceability of its side letter with the fund and its manager in connection with its seed capital investment in a large multi-strategy hedge fund. Advising on the soft wind down of a number of Distressed Funds and the sale of a number of their Madoff related claims on the secondary market.

Related Publications

1 Sep 2023 Key Features and Requirements of BVI Private Investment Funds In December 2019, the British Virgin Islands (“BVI”) introduced a new regulatory regime for closed-ended funds in the BVI by requiring closed-ended funds (e.g., private equity funds, venture capital funds and real estate funds). Read More

23 Aug 2023 Advantages of Using Cayman Islands Exempted Companies for Investment Purposes and to Facilitate Finance Transactions The Cayman Islands exempted company (including the segregated portfolio company) is the corporate vehicle of choice for series financing and more. Read More

21 Aug 2023 Captive Insurance in the Cayman Islands A Captive insurance company is a wholly-owned subsidiary insurer that provides risk mitigation services for its parent company or related entities. Read More

20 Jul 2023 Derivative Claims in the Cayman Islands In this Briefing Note, we provide a brief overview of the principles governing derivative actions in the Cayman Islands, both in a company and in a limited partnership setting. Read More

14 Jul 2023 Legal Alert: Persons carrying on Business as Virtual Assets Service Providers Act in the BVI. The Virtual Assets Service Providers Act 2022 (the “VASP Act”) was enacted in the British Virgin Islands (“BVI”) on 1 February 2023. Read More

13 Jul 2023 Insolvency in the Cayman Islands – setting aside antecedent transactions. In certain circumstances the official liquidator of a Cayman company may be able to take action to recover assets which have been transferred in the run up to the company’s insolvency. Read More

5 Jul 2023 De-Registration of a Cayman Islands Exempted Company and Transfer by Way of Continuation Under the revised Cayman Islands Companies Act, the Registrar of Companies will de-register a Cayman Islands exempted company incorporated with limited liability and with a share capital which proposes to be registered by way of Read More

The Features and Ongoing Requirements of Exempted Limited Partnerships and their popularity for structuring Cayman Islands’ Private Equity Funds and Venture Capital Funds

4 Jul 2023 The Features and Ongoing Requirements of Exempted Limited Partnerships and their popularity for structuring Cayman Islands’ Private Equity Funds and Venture Capital Funds The most common structure for a Cayman Islands domiciled private equity fund or a Cayman Islands domiciled venture capital fund is as an exempted limited partnership but there are reasons for different choices Read More