Ogier's Luxembourg and Cayman teams advise Partners Capital on redomiciliation of fund

A cross-jurisdictional team from Ogier has advised long-standing client Partners Capital on the redomiciliation of a US$3.2 billion Cayman fund to Luxembourg.

The redomiciliation involved a collaboration between Ogier's funds teams in Luxembourg and the Cayman Islands with support from the firm's financing teams. Partner Nicholas Plowman and counsel Richard Bennett provided Cayman Islands counsel and partner Benoit Rose and associate Pierre Andriuzzi provided Luxembourg legal expertise.

"We’re delighted to have been able to offer Partners Capital both Cayman Islands and Luxembourg legal advice, and act as lead counsel on the redomiciliation of this fund. Our collaborative approach meant we were able to provide our client with a fully integrated service across jurisdictions," said Benoit Rose.

Richard Bennett added: "This successful redomiciliation demonstrates the synergies between the Cayman Islands and Luxembourg when it comes to building and reshaping business strategies for US managers with a growing European footprint. By working as a single team across our offices on this transaction we have been able to provide a smooth and consistent experience for the client."

Partners Capital is a leading global outsourced investment office, advising on c. US$45 billion of assets on behalf of distinguished endowments and foundations, senior investment professionals and prominent families across the globe. Partners Capital constructs customised investment portfolios for its clients, tapping into its deep network of partnerships with what they consider exceptional asset managers across all major asset classes.

Ogier offers advice on Cayman and Luxembourg law across Caribbean, European and Asian time zones, providing a true 24-hour service to clients around the world.