Why Sovereign Funds Use the Cayman Islands for Cross-Border SPVs
Posted on 07/09/2014
Sovereign wealth funds like the Abu Dhabi Investment Authority (ADIA) utilize Cayman Island entities to facilitate cross-border transactions, primarily to North America. The British Overseas Territory in the western Caribbean Sea is a popular offshore jurisdiction, deriving its court system from the English system. The Cayman Islands is not just for hedge funds, insurance companies […]