Investment funds in British Virgin Islands

Harneys

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.

Practice head(s):

Philip Graham

Other key lawyers:

Nadia Menezes; Ayana Hull

Testimonials

The team is responsive, supportive and commercially minded in creating solutions.

Maples Group

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.

Practice head(s):

Richard May

Other key lawyers:

Chris Newton; Guy Williamson

Testimonials

A very thorough, highly responsive team, which delivers instantly available specialist advice and very fair billing practices‘.

Key clients

Angelo Gordon

Blackstone

Bridgewater Associates

Frontera Energy

K2 Advisors

Teva Pharmaceutical Industries

Conyers

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.

Practice head(s):

Robert Briant

Other key lawyers:

Anton Goldstein; Audrey Robertson

Key clients

King Street Capital

ACE & Company

Baron Capital

Thybo Advisory

Orchard Funds

Ikebena Funds

Pabrai Investment Fund

KAWA Capital Management

KIP Fund

Seletto Value Global Fund

Work highlights

  • 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.

Walkers BVI

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.

Practice head(s):

Patrick Ormond

Other key lawyers:

Jude Hodge

Ogier

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.

Practice head(s):

Simon Schilder; Michael Killourhy

Testimonials

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.

Key clients

Appaloosa Management

Graham Capital

Passport Capital

Global Sigma Group

EFG-Hermes

Alpine Associates Management

AEW Capital Management

Baker Steel Capital Management

GPS Investimentos

Digital Asset Capital Management

WHIRL

JP Morgan

Apache Capital Management

Work highlights

  • 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.