Please ensure Javascript is enabled for purposes of website accessibility


Big things are happening at Ogier. Change is embedded in everything we do. It is redefining our talent, our ways of working, our platforms of delivery, our culture.



We have the expertise to handle the most demanding transactions. Our commercial understanding and experience of working with leading financial institutions, professional advisers and regulatory bodies means we add real value to clients’ businesses.

View all services

Business Services Team

View all Business Services Team


Our sector approach relies on smart collaboration between teams who have a deep understanding of related businesses and industry dynamics. The specific combination of our highly informed experts helps our clients to see around corners.

View all sectors


Ogier provides practical advice on BVI, Cayman Islands, Guernsey, Irish, Jersey and Luxembourg law through our global network of offices across the Asian, Caribbean and European timezones. Ogier is the only firm to advise on this unique combination of laws.

News and insights

Keep up to date with industry insights, analysis and reviews. Find out about the work of our expert teams and subscribe to receive our newsletters straight to your inbox.

Fresh thinking, sharper opinion.

About us

We get straight to the point, managing complexity to get to the essentials. Our global network of offices covers every time zone. 

No Content Set

Ogier advises on the launch of Pacific Waterdrip Digital Asset Fund and its sub-funds


26 April 2023

Hong Kong, Cayman Islands

2 min read

Ogier acted as Cayman Islands counsel on the launch of Pacific Waterdrip Digital Asset Fund SPC and its two sub-funds.

The first sub-fund, Pacific Waterdrip Digital Asset Fund SP I, is a venture capital investment fund targeting seed and private placement rounds of early-stage blockchain projects, covering fields such as blockchain infrastructure, decentralised applications, Web3 Software-as-a-Service tools, metaverse and NFT applications.

The second sub-fund, Pacific Waterdrip Digital Asset Fund SP II, is a Proof-of-Stake (PoS) token enhancement fund, targeting native tokens of public chains with PoS as the consensus mechanism.

Ogier advised CPIC Investment Management, part of the China Pacific Insurance Group, on the Cayman law aspects of its collaboration with Waterdrip Capital on the two fund launches. The Ogier team was led by partner Kate Hodson and senior legal manager Alan Wong, who is an experienced member of Ogier's dedicated Technology and Web3 team, with further support from legal manager, Sabrina Leung.

Kate Hodson said: "Ogier is proud to have advised on this strategic collaboration between CPIC Investment Management and Waterdrip Capital.  The launch of these funds comes at a time when we are witnessing Hong Kong's commitment to promote the development of its virtual asset industry and become a global virtual asset centre."

Ogier's Technology and Web3 team assists clients who are implementing investment strategies and developing businesses involving cryptocurrencies, digital assets and blockchain technology or looking to invest in the sector.

Ogier advises on all offshore aspects of these evolving structures, including virtual asset fund launches, initial coin/token offerings, private/seeding round token or equity offerings, DAOs, tokenisation of investment interests as well as the offshore regulatory considerations for these structures.

No Content Set