Counsel in respect of multiple Cayman Islands investment fund product launches

From 2016 to date, acting as counsel in respect of multiple Cayman Islands investment fund product launches to provide access vehicles for clients of a major Swiss regulated private bank (aggregate capital raised US$800 million) to invest in US funds and products managed by predominantly US managers in the real estate, technology and aircraft leasing sectors, including in relation to niche real estate sectors, and as lead investor counsel on behalf of such funds in connection with onwards investment transactions.

Cayman Islands counsel to Solidarium (Cayman) and Brazilian subsidiary Olist

Acted as Cayman Islands counsel to Solidarium (Cayman) and its wholly owned Brazilian subsidiary Olist, a leading Brazilian-based sales platform, on multiple Series Preference Share financings, since its original Series A financing in 2015, including as counsel on the most recent Series C BRL190 million financing (2019) and Series D BRL310 million financing (2020), both with lead investor SoftBank, and with follow-on investments in 2019 by Redpoint eventures and in 2020 by Valor Capital, Peninsula, Velt Partners, FJ Labs and angel investor Kevin Efrusy, and as counsel in respect of two Brazilian M&A acquisitions by Olist in Q4-2020.

Counsel to Banco do Brasil – US$500 million unsecured A/B loan

Acted as Cayman Islands counsel to Banco do Brasil in the US$500 million unsecured A/B loan by the Inter-American Investment Corporation for the financing of enterprises engaged in Brazil’s agribusiness sector. This loan constitutes the first commercial financing in which Banco do Brasil has worked with a multilateral institution such as IIC.

RiverCrossing launch its Cayman Islands investment vehicle

Travers Thorp Alberga acted for RiverCrossing in connection with the launch of its Cayman Islands investment vehicle, Retail Centres Germany Investment Company Limited which in partnership with Greenman Investments a leading retail property manager invests in German retail property . RiverCrossing is dedicated to providing Islamically-compliant real estate investment opportunities to investors in the GCC.

Cainvest International Bank Limited acquisition and merger with Intertrust Bank (Cayman) Limited

Travers Thorp Alberga acted as Cayman counsel to Cainvest International Bank Limited, a private international bank, in respect of its acquisition of, and subsequent merger with, Intertrust Bank (Cayman) Limited (a Category A licenced bank in the Cayman Islands) and its acquisition of assets from Intertrust Corporate Services (Cayman) Limited.

Disposal of Apache’s Australian Energy Operations to Macquarie led PE consortium for US$2.1 billion

Travers Thorp Alberga acted as Cayman Counsel to Apache Corp, one of the largest independent oil and gas exploration and production companies in the world, in connection with disposal of its Australian energy operations and assets through the sale for US$2.1 billion of Apache Energy Limited and its subsidiaries (including Cayman Islands subsidiaries) to a consortium of private equity funds managed by Macquarie Capital Group Limited and Brookfield Asset Management Inc.

State Elite Global Limited listing on the Stock Exchange of Hong Kong Limited of its US$700,000,000 Notes guaranteed by China Construction Bank Corporation, Hong Kong.

Travers Thorp Alberga acted as BVI counsel to State Elite Global Limited with respect to the listing on the Stock Exchange of Hong Kong Limited of its US$700,000,000 3.125 per cent. Notes due 2020 issued under US$2,000,000,000 Medium Note Programme unconditionally and irrevocably guaranteed by China Construction Bank Corporation, Hong Kong which Travers Thorp Alberga assisted with the establishment of. Global Coordinator: CCB International Capital Limited. Our team was led by Everton Robertson.

Xiaomi Corporation’s Series F financing raising US$1.1 billion valuing the company at US$45 billion.

Travers Thorp Alberga acted as Cayman counsel to Xiaomi Corporation in relation to the company’s Series F financing raising US$1.1 billion at a valuation of US$45 billion making it the world’s most valuable technology start-up. Our team was led by Everton Robertson and Stacey Yuan.

The Insurer FWD Limited listed a US$325m 10 year bond on the Hong Kong Stock Exchange

Acting for FWD Limited as Cayman counsel in the offering of a US$325m 10 year bond listed on the Hong Kong Stock Exchange. FWD is Hong Kong’s ninth largest insurer and was formed to acquire a number of ING’s former businesses and is jointly owned by Richard Li and Swiss Reinsurance Investments Company. Joint lead managers and joint bookrunners were HSBC, Morgan Stanley, Standard Chartered Bank, ANZ and BofA Merrill Lynch.
September 2014

Equity listing of Cargill’s subsidiary on the Cayman Islands Stock Exchange and the subsequent admission to the Cayman Islands Stock Exchange’s Xetra trading platform

Acted as Cayman Islands legal counsel and listing agent to Cargill, Inc in connection with the equity listing of Cargill Andean Agribusiness B.V. on the Cayman Islands Stock Exchange and the subsequent admission to the Cayman Islands Stock Exchange’s Xetra trading platform operated by the Deutsche Börse Group – a first of its kind for the Cayman Islands. Cargill, Inc is one of the world’s largest privately-owned businesses and the 10th largest U.S. company providing food, agricultural, risk management, financial and industrial products and services around the globe.