Skip to content

Louise Freestone

Partner

Legal

Cayman

Louise Freestone

Louise is an investment funds and corporate lawyer with more than 30 years' experience advising investment managers, fund sponsors, financial institutions, private banks, family offices, institutional investors and multinational businesses on complex cross-border transactions and investment structures.

She brings extensive expertise in investment funds, private equity, venture capital and corporate law, alongside a proven track record of building successful practices and long-standing client relationships. During her career, Louise has advised on a broad range of sophisticated transactions and investment structures, earning a reputation as a trusted adviser known for her commercial and pragmatic approach.

Her practice covers fund formation and structuring, private capital investments, secondary and continuation funds, co-investment arrangements, mergers and acquisitions, corporate reorganisations and strategic transactions. Louise works closely with clients to understand their objectives and deliver practical solutions that support their business and investment goals.

Experience

With experience gained in both private practice and senior in-house legal roles, including more than 11 years advising on Cayman Islands law, Louise advises international clients on complex investment structures, cross-border transactions and business growth strategies.

At her previous firm, she developed a Cayman Islands practice built on long-standing client relationships, personal referrals and repeat instructions, becoming a trusted adviser to clients across multiple mandates and investment cycles.

Her experience includes acting as lead counsel for a Swiss-regulated private bank on Cayman Islands fund launches that raised approximately US$2 billion across a range of investment strategies; advising a global investment management group on private equity, infrastructure and hedge fund launches, continuation funds and co-investment structures; and advising a Brazilian online retail platform on multiple financing rounds, including a transaction raising more than US$185 million, together with subsequent acquisitions.

Louise has also advised on Cayman Islands aspects of a US$2.1 billion disposal of Australian energy operations and assets by a major international oil and gas group, and provided ongoing Cayman Islands corporate advice to a New York Stock Exchange-listed global science and technology company across more than 100 cross-border matters and transactions.

Her combination of legal, commercial and leadership experience enables her to understand the practical considerations that shape clients' decisions. She is particularly focused on developing trusted relationships and working collaboratively with clients and international advisers to deliver effective, commercially minded outcomes.

Background

Before moving to the Cayman Islands in 2015, Louise was General Counsel at an international investment management business with operations in London, Boston and Hong Kong. As a member of the senior management team, she advised on the firm's investment management and operational activities, corporate governance, regulatory matters and strategic growth.

Previously, Louise was a partner in the investment funds and corporate M&A groups at Herbert Smith LLP in London, where she advised international investment managers, institutional investors and multinational businesses on investment funds, mergers and acquisitions, corporate restructurings and strategic investments. She began her legal career at Eversheds LLP.

Louise holds an LLB (Hons) from the University of Sheffield and completed the Law Society Finals at Chester College of Law. She qualified as a solicitor of England and Wales in 1994 and was admitted as an Attorney-at-Law in the Cayman Islands in 2015. She is a British citizen and Cayman Islands permanent resident.

Awards

  • Lexology: Recommended for Private Funds – Formation, Cayman Islands
  • Featured in The Lawyer Hot 100 (2005)
  • Chambers & Partners 2005: Ranked "Up and Coming Individual" for Corporate Finance: Larger Deals

"I enjoy building long-term relationships with clients and becoming a trusted adviser who understands their businesses, commercial objectives and ambitions for growth. "

Expertise

We advise company boards in relation to both the non-contentious and contentious aspects of shareholder relations with a focus on corporate governance to prevent contentious issues arising. 

We can assist with:

  • documenting shareholder meetings, notices, minutes, resolutions
  • governance issues including shareholder agreements, disputes, veto and deadlock
  • compliance with corporate laws and risk managements, including legal advice on shareholder duties and obligations
  • reorganisation of share capital
  • advising the Board and shareholders in relation to company plans and activities such as mergers, joint ventures, asset sales and reorganisations
  • shareholder activism and disruption of company meetings 

In today's economic climate lawyers need to be more innovative and more efficient in navigating the increasing complexity of the regulatory environment.

Read more

Good corporate governance and a sound understanding of directors duties is critical. Regardless of size, establishing a best practice approach should be fundamental to all boards.

The board of directors are responsible for ensuring the company achieves its objectives and the corporate governance framework they adhere to should underpin their accountability to the company and its members. We advise company boards at all stages in the corporate lifecycle, in solvent and insolvent scenarios.

We have also acted on some of the largest pieces of litigation brought against directors offshore.

Read more

Directors are legally obliged to act in good faith, exercise independent judgment, and promote the best interests of the company.

Our offshore regulatory lawyers regularly provide expert legal guidance to directors as to their duties in offshore jurisdictions and corporate governance frameworks, as failure to comply with these expected duties potentially results in significant personal liability for directors.

Our experienced team advises on fiduciary responsibilities, risk mitigation, and regulatory compliance to ensure directors meet their obligations with confidence. Whether you're forming an offshore entity or navigating complex corporate challenges, we can offer trusted, practical solutions tailored to your needs.

Regulation and legal risk management are placing increasing burdens on companies and businesses in terms of time, costs and resources, and the consequences of getting this wrong can be severe. We can assist with all regulatory and compliance issues in Jersey, Guernsey, BVI and Cayman including: 

  • Anti money laundering and proceeds of crime legislation
  • FATCA and CRS reporting
  • Licensing
  • Economic substance
  • Beneficial ownership
  • Sanctions
  • Tax information exchange requests
  • AIFMD

Additionally we can help with regulator investigations and visits, enforcement and remediation including representation before regulators, tribunals committees and courts. We have an excellent record in defending corporates and their directors and officers in regulatory proceedings.

Offshore vehicles are used for a huge range of purposes either standing alone or as part of large multi-jurisdictional structures.

Our highly commercial team specialises in advising clients on the most effective uses of such vehicles and their ongoing operation, including normal and cellular companies as well as foundations, unit trusts, limited partnerships, limited liability partnerships, segregated portfolio and restricted purpose companies.

We are able to advise what jurisdiction among the 'Big Four' that we advise on will best suit our client's needs and regularly advise on solvent restructuring by way of merger, consolidation, continuation or balance sheet optimisation as well as court based corporate procedures such as schemes and plans of arrangement.

With our mix of non-contentious and litigation restructuring specialists, Collas Crill offers the unique advantage of having being able to provide a team to seamlessly take a transaction from start to finish. 

Read more

We can assist with reviewing and simplifying the most complex of corporate structures and, where appropriate, help implement more efficient structuring solutions including change of jurisdiction where appropriate.

For more information on relocating, continuing or migrating your company from one jurisdiction to another, please click here.

We regularly act in relation to significant mergers and acquisitions activity in our jurisdictions, whether as lead counsel for strictly local matters or as part of an international team for multi-jurisdictional transactions.

In addition to the negotiation of transaction documents, we assist clients with disclosure and due diligence exercises as well as obtaining competition authority clearances. Our focus is a practical one; looking to allow clients the certainty to conclude a deal in the knowledge that their risk has been identified and mitigated appropriately.

Read more

Our experienced team will handle the due diligence process, from initial requests for information and documentation, transitioning to the review phase, making further requisitions as necessary and producing a comprehensive due diligence report setting out key issues and areas for risk mitigation.

Whether set up for asset protection purposes, as part of succession or tax planning, or for family governance or confidentiality reasons, offshore private wealth structures are common and often large and complicated.

We assist wealthy individuals, family offices, family-controlled businesses and entrepreneurs, often working alongside their trustees, bankers, tax advisors, accountants and other professional advisers, with the legal support needed within private wealth structures. We work with a broad range of vehicles including family investment companies, family limited partnerships, trusts and foundations.  

We can assist with all legal aspects of establishing, operating, restructuring, funding/leveraging, relocating and winding up such vehicles.

  • Visit our 'Modern families resource centre' to find out more on our experience and expertise working alongside ultra-high-net-worth and multi-generational families.

Read more

Our uniquely diverse practice regularly assists with the establishment of both open and closed-ended fund structures. In addition to traditional Channel Island private equity and real estate structures and Caribbean hedge funds, we have advised on a number of alternative and esoteric classes. We work alongside our clients to understand their investment thesis and provide bespoke drafting to build the fund they want as opposed to generic template structures and documentation.

We advise clients at every step of the process, including preparing offer documents, investor negotiations, the preparation of agreements, and in the closing of transactions.

In addition to advising on the establishment of investment structures we advise on the drafting and interpretation of investment management and advisory mandates including performance fees and remuneration packages. Our practical yet precise approach in this highly technical area is driven by significant onshore experience.

We are not a team of lawyers who 'don’t do the maths' but understand performance related fee structures and incentives need to consider and capture the widest range of potential scenarios – our depth of expertise enables us to achieve that.

Our investment practice is not limited to regulated investment funds. With private capital deployment a global trend we also advise clients on a range of unregulated and private structures. These include structures allowing new promoters to build a track record or investment clubs to access particular investments without incurring the time or financial cost of entering the regulatory regime.

In addition, we frequently work with our award winning private client team to provide investment fund like solutions for family offices or high-net-worth individuals. Our team's experience in this often overlooked area of the investment sector can help our clients manage regulation and plan their structures for future growth without unnecessary limitations.

In a world of rising expectations, we are increasingly instructed by sovereign wealth funds, ultra-high net-worth individuals and funds of funds to review potential fund investments and negotiate side-letters or co-invest arrangements. We offer our clients a fast, efficient service with minimum fuss. This aspect of our practice gives us unparalleled insight of what is and isn't the 'market standard'; something all our clients benefit from.

Economic substance legislation is in place in each of our offshore jurisdictions, requiring all businesses with entities in those jurisdictions to carefully consider whether they fall within scope and if so, what they need to do in order to ensure that they are in compliance with the relevant legislation. We advise businesses on their obligations in this area.

We provide contentious and non-contentious advice and support, primarily for local financial services businesses, in complying with sanctions and anti-money laundering regulations. Our work ranges from initial strategic advice, liaison with stakeholders including regulators, clients and investigations and prosecution authorities – to litigation, where required.