Nick Reid LLB
Partner, Zurich Branch
+41 44 281 0488
Admitted as a Solicitor in Scotland, 1997 (does not practise as a Solicitor in Scotland); admitted as an Attorney at law in the Cayman Islands, 2005.
Education: University of Edinburgh (LL.B. 1991; Postgraduate Diploma in Legal Practice 1992).
Member: Law Society of Scotland.
Practice Areas: Investment Funds; Investment Management Companies; Corporate/Commercial; Segregated Portfolio Companies; Special Purpose Vehicles; Limited Partnerships; Trusts and Unit Trusts; Private Equity; Legal Opinions; Contracts.
Nick studied law at The University of Edinburgh in Scotland and qualified as a solicitor in Scotland in 1997. Nick is a member of The Law Society of Scotland.
Nick trained in the Edinburgh area and quickly worked his way through the ranks to become a partner of his firm within 5 years of qualification. Nick ran his own branch office for over 5 years before he left Scotland for the Cayman Islands in late 2004.
In early 2005, Nick was admitted to the Cayman bar and joined Solomon Harris as an associate lawyer in the corporate department of the firm where be began specialising in the set up of Cayman investment funds, captive insurance companies and trusts. During his time in the Cayman Islands, Nick looked after his own portfolio of international clients in a wide range of set ups, transactions and deals.
Nick left the Cayman Islands in late 2007 to practise law in Dubai where he worked as a senior legal consultant in the head office of the largest and most prestigious full service law firm in the Middle East with more than a dozen offices spread over more than half a dozen countries in the region. Whilst working in Dubai Nick worked for a number of banks and investment managers located not only in the Dubai International Financial Centre (“DIFC”) but also in the greater UAE and GCC regions generally. Nick specialised in the set up of DIFC and UAE investments funds including shari’a compliant funds and had regular dealings and meetings with shari’a supervisory boards as part of the shari’a compliance process. Nick also regularly advised international clients on the marketing of their funds (including a number of Cayman funds) in the DIFC and greater UAE region. Nick was asked to write the investment funds section of the Dubai Financial Services Authority’s (DFSA) then edition of its handbook.
Nick rejoined Solomon Harris in 2009 to work in the firm’s newly set up Zürich office. Nick has been heading up the firm’s Zürich branch since early 2011 and was made a partner of the firm in July 2011. Nick specialises in the structuring, formation, operation and wind down of all types of investment funds (including hedge funds and private equity funds) in the Cayman Islands utilising the full range of vehicle available (companies, limited partnerships and unit trusts). Nick has considerable experience in the field and acts for a wide range of institutional and non-institutional clients including investment managers, investment advisors, banks, fund administrators, family offices and onshore counsel.
Nick is a regular contributor to various offshore legal publications.