Press Releases

Since becoming the first offshore law firm to enroll its entire network of offices into ESI Monitor's Environmental Business Operations Award and Standard in 2020, Carey Olsen has been working to reduce its impact on the environment. In line with this commitment, Carey Olsen's Guernsey office has updated its vehicle fleet to electric only models with the previous diesel and petrol models coming to their end of life ...

Established as a Jersey Private Fund, Boost Fund I invests in UK startups, assessing each potential portfolio company using Capital Pilot's unique and data-driven "Investability Rating System". Boost Fund I is sector agnostic and plans to complete 100 equity investments in less than six months ...

The firm also continues to be ranked as Band 1 for its trusts and private wealth practices in Bermuda, Guernsey and Jersey, while its Cayman Islands office is ranked Band 2. Carey Olsen Bermuda's trusts and private wealth practice is described as 'a top firm for complex and sophisticated matters' and praised for its 'strong private client team that is able to handle complex matters' ...

Clicampo, which was founded in 2021, is a digital platform that connects Brazilian farmers and food producers with restaurants and retailers, removing the need for intermediaries. Clicampo then manages the demand, relationship and delivery between food producer and end customer as well as providing forecasting and logistic tools to help farmers make decisions about what and when to harvest ...

Established as a Jersey Private Fund (JPF), Gurr Johns Capital recently held its first close and has a fundraising target of US$100 million. The fund will support Gurr Johns' established service offering, with Gurr Johns Capital having a specific focus around creating bespoke financial solutions for individuals, galleries, companies and institutions – whether that be for releasing liquidity, making new acquisitions or bridging cash flow needs ...

Founded in Sao Paulo in 2019, Lemon Energia connects clean energy generators to small and medium sized businesses across Brazil. The energy sector startup works with sustainable solar, wind, hydropower or biogas power plants that already produce energy and facilitates the relationship through digital channels between the plants and businesses that come in as new customers ...

The second quarter of this year saw 246 Local Market houses and flats sold compared to 208 in Q1 – the first rise in the quarterly figures since the second quarter of last year.It means for the six months to the end of June 2022 there have been 454 Local Market transactions – 26 fewer than was recorded in the first half of last year but more than any other half year total since 2007 (560) ...

Formed in October 2020 by Luke Smith and Oliver Mourant, Rialto's mission is to acquire high performing, local companies that are ordinarily untouched by traditional private equity firms, simply due to their size. The latest investment will see Rialto accumulate further companies alongside the previously acquired Maillard & Co (formerly Buckley & Company, Voisin Hunter, Maillards Estates and MDW Building Surveyors) ...

Those promoted to counsel are:Bermuda – Michelle Falcucci (corporate)Cayman Islands – Shane Westin (corporate)Guernsey – Tim Bamford (dispute resolution and litigation) and

The deal, first announced in December last year, has now completed after gaining the necessary regulatory approvals and sees Morningstar acquire 100% of Praemium's operations in the United Kingdom, Jersey, Hong Kong SAR and Dubai, further adding to the company's existing data, fund profiles, portfolio analytics, and investment management capabilities to advisers ...

Rebecca has extensive experience advising on a variety of finance and corporate matters, including asset finance, general banking, fund finance, as well as mergers and acquisitions. She has a particular focus on the aviation industry, having represented various financiers, borrowers and lessors on a wide range of asset financing and leasing transactions over the duration of her 10-year career. Rebecca joins Carey Olsen from another leading offshore firm and, prior to that, Clifford Chance ...

STEP's Employer Partnership Programme is designed as a benchmark of quality for businesses in the trusts and estates industry and signals a firm's investment in employees' professional development and for providing a nurturing work environment.Carey Olsen was the first offshore law firm accredited a Platinum Employer Partner in 2016 – the highest standard achievable through the industry association's Employer Partnership Programme ...

Seen by many as the hallmark of quality within the private client and wealth management industry, the STEP Private Client Awards recognise and celebrate excellence among private client solicitors, lawyers, accountants, barristers, bankers, trust managers and financial advisers.This year's awards also saw a record number of nominations, with 337 submissions from 27 countries for the 21 categories available ...

The awards recognise and celebrate the outstanding achievements of firms across the UK and offshore legal, tax, fiduciary and advisory professions over the past year. In total, the judging panel has shortlisted 28 firms across 11 award categories. Carey Olsen has previously enjoyed success at the awards, having won the Offshore Law Firm (multi-jurisdiction) category at the inaugural eprivateclient Excellence Awards in 2021 ...

Destaxa, which was founded in 2021, provides merchants with a solution to point of sale (POS) payment processing issues by offering access to all major payment schemes and acquirers through a single exchange-traded fund integration. Destaxa routes payments through the most cost-efficient rails, resulting in savings for merchants and a seamless reconciliation experience ...

The pioneering Fund, which will look to back technology solutions that will help global food system and environmental challenges, was oversubscribed, and has attracted investment from institutional investors, corporate partners, family offices and high net worth angel investors. It is believed to be the largest ever fund raised in the foodtech sector and comes a little over a year since the establishment of the London-based investment manager ...

The five promotions bring the total number of partners across the Carey Olsen group to 68.Carey Olsen group managing partner Alex Ohlsson said: "I would like to congratulate Matthew, Kyle, Sam, Jay and Louise on joining the partnership. Each of them has demonstrated exceptional technical knowledge in their time with the firm as well as total dedication to providing a high level of client service ...

The Fund invests in global early-stage pre-seed, seed, Series A and blockchain and metaverse gaming companies and tokens. It was established as a Jersey Private Fund, an increasingly popular route for Singapore fund managers with digital asset focused investment strategies.Kenrick Drijkoningen, partner at Play Ventures, said: "We work with ambitious and passionate entrepreneurs to help create our gaming powerhouse ...

Recognition by Best Lawyers, which publishes highly regarded guides to the legal profession in 76 countries, is based entirely on peer review. The methodology is designed to capture, as accurately as possible, the outstanding individuals from within the same geographic region and legal practice areas. In total, the surveys attract more than 13 million evaluations of lawyers by their professional peers across 147 different practice areas ...

Matthew joins Carey Olsen after 25 years with Clifford Chance LLP in London, the past 17 of which have been as a partner. Matthew has particular expertise in structured finance and financial products, structured debt, derivatives and offshore corporate structuring ...

The private wealth publication's annual list comprises 35 men and 35 women under the age of 35 and celebrates the top young legal, fiduciary and tax advisory professionals from the financial services sectors in Guernsey and Jersey.Dean's inclusion marks the third straight year he has been recognised by eprivateclient ...

Marvin, founded in 2020, is a B2B payments platform that enables merchants to use credit card receivables as collateral for working capital or short term loans. The service allows retailers to avoid the anticipation fees charged by point of sale operators, which can be as much as 4% of any transaction.  The Series A funding round was led by venture capital firm Canaan followed by existing investors Canary and Mauá Capital as well as a number of angel investors ...

The Fund's aim is to deliver uncorrelated absolute returns across multiple asset classes, including digital assets. It is structured as a Jersey limited company and established as a Jersey Private Fund, with the potential to upgrade to a Jersey Expert Fund in the future. Kok Lee Sit of Phillip Street Partners commented: "It is indeed a pleasure working with true professionals at Carey Olsen and Oakbridge Fund Services ...

Founded in 2021, Nextron connects renewable energy generators directly to consumers through its 'energy-as-a-service' cleantech platform marketplace and subscription plans. The startup facilitates access to renewable energy and currently has two photovoltaic plants, one in Mato Grosso do Sul and the other in Rio de Janeiro, with plans to supply enough energy for 36,000 consumers by the end of 2022 ...

The all-cash transaction, which was first announced in December last year, values Mimecast at US$5.8 billion and was effected by way of a Jersey law governed court sanctioned scheme of arrangement.Working alongside lead counsel Fried, Frank, Harris, Shriver & Jacobson LLP, the Carey Olsen team advising Permira funds on all Jersey-related corporate, financing and regulatory aspects of the acquisition was led by corporate partner Guy Coltman ...