Maples Group’s investment funds practice is a market leader, advising across private equity, hedge, credit, digital assets, and multi-strategy sectors. The team is known for its expertise in complex hybrid and evergreen structures and is supported by its fiduciary and fund services arm, which provides management, fiduciary, accounting, and administration support. Cayman head Sheryl Dean specialises in private equity fund structures and downstream transactions, while global head Michael Richardson advises on hedge and private equity fund platforms. Jo Cunningham is noted for fund reorganisations, Philip Dickinson and Jeremy Bomford focus on private equity fund formation and transactions, Lee Davis advises from structuring to secondaries, and Stephen Watler acts as lead partner for a range of fund managers.
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+1 345 814 5294
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Profile

Profile

Work Department
Funds & Investment Management
Corporate
Position

Sheryl is head of Maples and Calder’s Funds & Investment Management team in the Maples Group’s Cayman Islands office. She specialises in private equity fund structures and investments and represents a wide range of sponsors, from large institutions to boutique and start up investment managers, advising on the structuring, formation and operation of private funds and advising on downstream transactions and portfolio investments. Sheryl advises sponsors on their carry allocation and management vehicles. She also works on a number of related corporate transactions, including consortium deals and joint ventures, co-investments, buy-outs and restructurings.

Career

Sheryl joined the Maples Group in 2012, having been a partner at an international law firm in the Cayman Islands.  Prior to her move to the Cayman Islands, she worked in the corporate and M&A teams at Slaughter and May and Gibson Dunn, respectively, in London.  Sheryl began her legal career in the corporate team of Russell McVeagh in New Zealand.  Identified as a leading lawyer, she has been featured in Who's Who Legal publications and ranked by IFLR1000 and Chambers and Partners.

Memberships
Sheryl is a member of the Cayman Islands Legal Practitioners Association and 100 Women in Finance.
Education

University of Otago, New Zealand, LLB (Hons)

University of Otago, New Zealand, BCom (Finance)

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Testimonials

Collated independently by Legal 500 research team.

  • ‘Maples Group's practice is highly professional and delivers excellent service. It has a team that specialises in the needs of clients in our jurisdiction. Maples provides a lot of background data and information and is active in providing it to the clients.’

  • ‘Andrew Keast is our go-to person in Maples. We have worked together for a very long time. Andrew is highly professional, and we are always confident that he will provide excellent service to our clients.’

  • ‘Maples Group is the preeminent firm in the Cayman Islands for financial services. The partners there are always ready to assist in addressing complex issues for clients.’

  • ‘Tim Coak is an expert in setting up private investment funds. He is extremely knowledgeable about US regulations and sensitive to such when assisting on matters for US-registered fund managers.'

  • ‘The Maples Group team has been a wonderful partner for us. We find the Maples team to be particularly strong at delivering highly commercial advice, meeting deadlines, being extremely responsive and being quite detail-oriented. When I ask the Maples Group to provide their insights or opinions, or analysis on any particular legal issue, I know that I am getting top-quality and timely advice. There's never a need to chase or follow up. They are always on it!’

  • ‘Jeremy Bomford is excellent. He is commercial, smart, and quick.’

Key clients

  • Ares Management Corp
  • Bain Capital
  • Blackstone
  • BlackRock
  • Brookfield
  • Citadel
  • D. E. Shaw
  • Fortress Investment Group
  • GCM Grosvenor Capital
  • Goldman Sachs
  • KKR
  • Insight Partners

Work highlights

Advised BlackRock on the acquisition of Global Infrastructure Partners and the acquisition of HPS, providing advice with respect to the acquisition and the requirements related to those funds under management.
Advised on the debut launch of Jain Global. The new multi-strategy manager launched on 1 July 2024 with an initial capital raise of US$5.3 billion, making it the biggest hedge fund launch since 2018.
Advised on the structuring and launch of Ares Senior Debt Lending Fund III, with total equity commitments of US$15 billion and an anticipated total capital base of approximately $34 billion.