News & Insights

Side Letters

Side letters usually take the form of additional agreements between certain investors and the fund that are separate and distinct from the original subscription agreement, offering memorandum and constitutional documents of the fund.

Side letters are often used to grant special rights and privileges to important investors (e.g. seed investors, strategic investors) or to those subject to government regulation (e.g. (i) Employee Retirement Income Security Act of 1974 “ERISA”). They are often used by fund managers to attract larger institutional investors.

Download our Guidance Notes Side Letters in the Cayman Islands here.

Contact our experts for further advice

Chris Humphries

Managing Director and Head of Funds

Tel:+1 (345) 814-7911

This publication is for general guidance and is not intended to be a substitute for specific legal advice. Specialist advice should be sought about specific circumstances.

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Publication Recognition - Legal 500
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Fund Client Testimonial - IFLR 1000
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Client Testimonial - Chambers & Partners
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Fund Client Testimonial - Legal 500
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Client Testimonial - Chambers & Partners
“Stuarts Humphries, understands the complex issues we face and the firm offers substantial value in relation to the fees charged.”
Legal 500
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Fund Client Testimonial - IFLR 1000
“Their strongest point is their customer service. They are incredibly responsive and helpful in meeting our deadlines.”
Fund Client Testimonial - Chambers & Partners
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Legal 500

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