December 2, 2021

New arrivals at all levels as Maples Group expands its Cayman Islands Funds & Investment Management Practice

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L – R: Partner Michael Richardson and Partner Caroline Heal

Maples and Calder, the Maples Group’s law firm, is pleased to announce that Caroline Heal has joined the firm as a Funds & Investment Management Partner in its Cayman Islands office.

Caroline brings extensive experience in the structuring, formation and operation of offshore hedge funds, private equity funds and investment fund platforms. She advises a wide range of asset managers and financial institutions and has been recognised for her expertise by The Legal 500.

Caroline will be an integral member of the firm’s top-tier Cayman Islands Funds & Investment Management team where she will also collaborate closely with lawyers and professionals across the firm’s global practices in the British Virgin Islands, Dubai, Ireland, London, Luxembourg, Jersey, Hong Kong and Singapore to service its multinational client base. 

Notably, the firm’s Funds & Investment Management practice is the largest in the jurisdiction and has steadily grown over the past year with the addition of 10 new Associates, two of whom were previously articled clerks with the firm. In addition to these new hires, the firm also promoted Stephen Watler and Lee Davis to Funds & Investment Management Partners earlier this year, further strengthening its partnership team.

Michael Richardson, head of the Cayman Islands Funds & Investment Management practice said, “I am pleased to welcome Caroline to the Maples Group. Our Funds & Investment Management team has grown considerably over the past year as a result of increasing demand for our services from global hedge fund and private equity fund clients. The team has also been managing a record number of incorporations and registrations for the jurisdiction while navigating regulatory and compliance requirements. Caroline’s addition demonstrates our commitment to providing the highest level of client service to our international clients from a trusted team of experienced lawyers who have deep technical, sectoral and jurisdictional knowledge”.

Commenting on her appointment, Caroline said, “I am delighted to join the Maples Group’s distinguished Funds & Investment Management practice and I am looking forward to the opportunity to work with the team alongside the industry’s leading lawyers, professionals and clients”.

The Maples Group’s Global Funds & Investment Management practice is firmly recognised as a market leader in providing legal services to investment funds, investments managers, investors and providers of fund financing. Its global practice advises on the laws of the British Virgin Islands, the Cayman Islands, Ireland, Jersey and Luxembourg across the full spectrum of fund and investment management products including private equity funds, hedge funds, fund of funds, master-feeder funds, liquid alternatives, credit funds, hybrid funds and unit trusts. Earlier this year, its London Funds & Investment Management practice won “Best Offshore Law Firm” at the HFM European Services Awards and the Hedgeweek European Awards while its Irish Funds & Investment Management practice was ranked as a top legal adviser for the eighth consecutive year by Monetary Insight. 


The Maples Group, through its leading international law firm, Maples and Calder, advises global financial, institutional, business and private clients on the laws of the British Virgin Islands, the Cayman Islands, Ireland, Jersey and Luxembourg.  With offices in key jurisdictions around the world, the Maples Group has specific strengths in areas of corporate commercial, finance, investment funds, litigation and trusts. Maintaining relationships with leading legal counsel, the Group leverages this local expertise to deliver an integrated service offering for global business initiatives. For more information, please visit:  


The new Cayman Islands Funds & Investment Management Associates are Che Ammon, Tim Howse, David Walters, Praajakta Pargaonkar, Ronan Murphy, Jarod Benson, Caroline Dell, Alla Segal, Juliana Wood and Lucy Day.

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