It has been another strong year for the Cayman Islands. Cayman continued its market leading position as the pre-eminent offshore jurisdiction, primarily in the North American and Asia markets.
Cayman remains by far the preferred jurisdiction for premium cross-border M&A, private equity (PE) funds, infrastructure funds and hedge funds. In Asia, the growth of Cayman has been underpinned by ongoing Chinese demand for the most efficient and flexible structures to facilitate overseas investment, M&A and asset management in areas such as infrastructure, fintech, healthcare and technology, both inside and outside of China.
It is particularly exciting to see that the Chinese central government’s One Belt One Road (OBOR) initiative has created significant opportunities for Cayman, which offers a variety of structuring options to facilitate the fundraising, development and implementation of OBOR-related projects.