Investment funds in British Virgin Islands
Harneys' investment funds practice is highly rated for its regulatory expertise and its experience establishing digital asset funds. Philip Graham advises on the formation and restructuring of investment fund vehicles; he also serves as chairman of the BVI Investment Funds Association and consults regularly with the government and regulator on legislative developments and the impact of regulatory changes. At counsel level, Nadia Menezes has significant experience advising on the formation and regulation of hedge, real estate and private equity funds, restructuring solutions and regulatory compliance work. Also recommended is counsel Ayana Hull, who advises BVI-regulated entities on licensing issues, continuing obligations, and regulatory and enforcement actions.
‘The team is responsive, supportive and commercially minded in creating solutions.‘
Maples Group fields 'extremely high-quality lawyers, with experience across a range of disciplines' including advising on fund formation, maintenance and registration matters. The team also assists with the licensing options available for fund managers, advisers and administrators, as well as other investment business entities that wish to be licensed in the BVI. Richard May has a significant investment funds practice and acts for some of the world's largest US and UK managers; and Chris Newton's expertise includes downstream investment work in the funds space and fund financing mandates. Guy Williamson was promoted to of counsel. Stuart Connolly departed to Arthur Cox in Ireland.
‘A very thorough, highly responsive team, which delivers instantly available specialist advice and very fair billing practices‘.
Teva Pharmaceutical Industries
Conyers' BVI team comprises senior funds specialists, who advise on the day-to-day operations of funds from initial fund formation and structuring to subsequent restructuring issues and the winding up of funds. BVI corporate department head Robert Briant provides specialist advice to hedge funds and private equity funds; other key contacts include Anton Goldstein and counsel Audrey Robertson.
King Street Capital
ACE & Company
Pabrai Investment Fund
KAWA Capital Management
Seletto Value Global Fund
- Advised funds managed by Pegasus Capital Advisors on the sale of Six Senses Resorts and Hotels to the Intercontinental Hotels Group.
- Assisted Adler Kawa with the formation and final closing of its Fund III.
- Acted for Ace & Company on the establishment of private equity vehicles.
Acting for hedge, private equity and distressed funds, Walkers BVI's experience includes fund formation, financing work, buyouts, downstream M&A, direct investments and joint venture transactions. Patrick Ormond heads up the finance, corporate and funds group in the BVI, and regularly advises funds on international finance and corporate transactions. Jude Hodge is the associate to note.
Other key lawyers:
Ogier assists with existing and new fund structures, and also provides general regulatory advice; the group also increasingly handles new and emerging financial asset classes and the fintech aspects of new investment structures. The BVI funds practice is led by Simon Schilder, who divides his time between Jersey and the BVI. Michael Killourhy is also singled out for his investment funds work.
Simon Schilder; Michael Killourhy
‘The group provides good practicel advice.‘
‘Simon Schilder is very practical and helpful.‘
‘Ogier is very knowledgeable, efficient, professional and courteous and reasonably priced, and fields a terrific team.‘
‘The team is very responsive and thoughtful, and has a “get it done” mind set.‘
Global Sigma Group
Alpine Associates Management
AEW Capital Management
Baker Steel Capital Management
Digital Asset Capital Management
Apache Capital Management
- Advised Man Numeric on the reorganisation of its multi-strategy fund platform.
- Assisted Digital Asset Capital Management with the establishment of a BVI fund, which invests in cryptocurrencies and blockchain technology.
- Acted for EFG-Hermes on the acquisition of a 50% stake in Frontier Investment Management Partners (FIMP) and the integration of portfolios and funds into FIMP’s business.