Investment Funds
Global Guide 2024 : Cayman Islands
Band 4
About
Provided by Stuarts Humphries
Fund Launch Services
Our Investment Funds Team advises managers on the set-up and establishment of a broad range of investment funds in Cayman, including hedge funds, real estate funds and private equity funds. Our specialist expertise covers legal advice on the structuring of the fund vehicle itself including:
- Development of the fund legal structure and formation issues of the fund vehicles including multi-class/series funds and master/feeder funds
- Liaison and coordination with legal counsel and regulators
- Obtaining regulatory approvals
- Advising clients who utilise a wide variety of investment strategies
- Listing investment funds on the Cayman Islands Stock Exchange ("CSX")
Distressed Funds Services
Our Distressed Funds Team has been instructed in connection with many of the largest fund insolvency events in the Cayman Islands and the services offered include:
- Advising funds and their directors on winding down or restructuring funds' affairs and the use of side pockets
- Advising on the deregistration and liquidation of a broad range of investment funds
- Advising on disputes between funds and investors on subscription terms and the interpretation of side letters
- Acting for funds and service providers on NAV mis-pricing cases, claims against directors and audit negligence disputes
- Acting for leverage providers and counter-parties to distressed funds
Stuarts is a recognised listing agent for the Cayman Stock Exchange and is regularly involved in the listing of mutual funds.
Chambers Review
Stuarts Humphries is a well-established Cayman law firm which is known for its extensive experience advising on a wide variety of investment funds. This includes mutual funds, private equity and hedge funds as well as funds focused on digital assets. The team provides comprehensive support on fund establishment, structuring and restructuring, as well as regulatory and compliance issues.
Work Highlights
- Stuarts assisted Meow Technologies with the formation of a USD200 million fund issuing redeemable tokens instead of shares and thus requiring registration under the Cayman Islands' Virtual Asset Service Providers Act.
Strengths
Provided by Chambers
"The firm handles very complex matters and has expertise with crypto."
"Stuarts Humphries' response time was exceptional and they made themselves available to us with immediacy."
"The team at Stuarts Humphries meets all timeframes and is very responsive."
"The firm handles very complex matters and has expertise with crypto."
"Stuarts Humphries' response time was exceptional and they made themselves available to us with immediacy."
"The team at Stuarts Humphries meets all timeframes and is very responsive."
Notable Practitioners
Chris Humphries is well liked by onshore lawyers and his clients in the asset management industry. He advises on fund formation and restructuring as well as an array of transactional and regulatory matters. Having been based in the Cayman Islands for close to two decades, he remains active on client work in addition to his responsibilities as managing director of Stuarts Humphries.
"Chris Humphries is very responsive and has extensive knowledge of Cayman Islands investment funds."
"Chris Humphries has been a respected presence on the island for a long time."
Ranked Lawyers at
Stuarts Humphries
Cayman Islands
Members
Provided by Stuarts Humphries
Clients
Provided by Stuarts Humphries
3G Capital Inc.
Banco Bradesco S.A.
Deutsche Bank Private Wealth Management
Guggenheim Investments
Lion Capital LLP
Mariner Investment Group, LLC
Tricadia Capital Management, LLC
Industries
Provided by Stuarts Humphries
Banks
Commercial & Professional Services
Energy
Financial Services
Food & Drink Producers
Insurance
Investment Funds
Real Estate Finance
Telecommunications
Utilities