About Loeb Smith
People
Sectors
Expertise
- Legal Service
- Banking and Finance
- Blockchain, Fintech and Cryptocurrency
- Capital Markets and Privatization
- Corporate
- Cybersecurity and Data Privacy
- Insolvency, Restructuring and Corporate Recovery
- Insurance and Reinsurance
- Intellectual Property
- Investment Funds
- Litigation and Dispute Resolution
- Mergers and Acquisitions
- Private Client and Family Office
- Private Equity and Venture Capital
- Governance, Regulatory and Compliance
- Entity Formation and Managed Services
- Consulting
- Legal Service
News and Announcements
Locations
Subscribe Newsletters
Contact
Overview
Gary is a Partner in, and leads/coordinates, the firm’s Investment Funds Group. He worked as a Private Equity/M&A attorney in England for many years before moving to the Cayman Islands in 2009 to work as a Corporate/Investment Funds attorney.
Chambers & Partners Global has ranked Gary Smith in the top tiers of Investment Funds lawyers in the Cayman Islands and he is described by sources as: “a bright guy, a team player, and a hard worker” (Chambers 2014) and appreciated for maintaining “strong client-relationships and is highly regarded by sources in North America and Asia” (Chambers 2017). “his knowledge impresses me and his creativity is very good. He is also very patient and intelligent” (Chambers 2018)
Experience
Gary has the following experience and expertise:
- Gary has given expert evidence in the United States Bankruptcy Court Southern District of New York in court proceedings before Judge Robert E. Gerber relating to Cayman investment funds. He has also authored a wide range of articles and other publications on Cayman Islands and BVI law matters, including: “Fund Management – Cayman Islands” published by Lexology, 2021/2022; “Investment Funds – Cayman Islands”, published in the PLC Cross-Border Investment Funds Handbook, 2012; “Cayman Islands’ Court of Appeal Re-affirms the Status of Segregated Portfolio Companies”, published in International Corporate Rescue Vol. 9 (2012) Issue 6; “Fiduciary duties of a general partner of a Cayman exempted limited partnership”, published in the PLC Global Guide for Private Equity and Venture Capital 2015/2016. In 2022, he is ranked in Asia Business Law Journal’s A-List of the top offshore lawyers. The list is based on extensive research conducted and nominations received from in-house counsel in Asia, and Asia-focused partners from domestic and international law firms. https://law.asia/the-a-list-top-offshore-lawyers-2022/
- Gary’s practice focuses principally on offshore investment funds formation and launch, particularly hedge funds, private equity funds, and funds investing in blockchain technology. He also advises on M&A, corporate, corporate finance, and private equity investments. He provides Cayman Islands law and BVI law advice to companies, banks, investment fund managers, in-house counsel, onshore counsel, high net worth individuals, and insurance companies to deal with day-to-day legal issues and complex, strategic matters.
Articles Written by Gary
INSIGHTS | 23 February 2026
Fund Management in Cayman Islands (Part 2)
What are the main corporate structures used to set up a retail fund? How are they formed?
INSIGHTS | 17 February 2026
Cayman Islands – Cryptoassets and Blockchain (part 1)
What legal framework governs cryptoassets? Is there specific legislation governing cryptoassets and businesses transacting with cryptoassets?
INSIGHTS | 26 January 2026
Fund Management in Cayman Islands (Part 1)
Explore key points of fund management regulation in Cayman Islands, a jurisdiction with a strong global reputation, tax neutrality and fund flexibility.
INSIGHTS | 09 January 2026
Private Funds in the Cayman Islands
This article will provide a general overview of the steps involved in the formation and running of a closed-ended investment fund in the Cayman Islands pursuant to the Private Funds Act (As Revised) (the “Act”). Whilst there are no statutory requirements as to the type of legal entity…
INSIGHTS | 16 December 2025
The Cayman Islands Implements Crypto-Asset Reporting Framework
The Common Reporting Standard (“CRS”) which was published by The Organisation for Economic Co-operation and Development (“OECD”) is intended to, among other things, improve international tax transparency. The CRS achieves this objective by, among other things, requiring committed jurisdictions to obtain information on offshore accounts held with “Financial…



