Caroline Heal

Caroline Heal


T +1 345 814 4621
M +1 345 525 9455

Practice Areas

Caroline Heal has over 18 years' experience and is based in Walkers' Cayman Islands office where she is a partner in the firm's Global Investment Funds Group. She has extensive experience in the structuring, formation and continuing operation of hedge funds, including restructurings and fund terminations.

She also advises on the formation and ongoing operation of private equity funds, co-investment vehicles and alternative investment vehicles and related private equity acquisition and disposal transactions and associated structures as well as general corporate matters. Caroline advises and works with globally recognised investment managers and major private equity sponsors as well as a range of specialist asset managers.

Caroline is chair of the firm's Trainee Committee in the Cayman Islands and is responsible for the training programmes of Articled Clerks, the annual Walkers Legal Internship and the continued mentoring of the Walkers Legal Scholarship recipients throughout the course of their studies.

Prior to joining Walkers, Caroline practised in the Corporate Department at Eversheds (now Eversheds Sutherland) in London where she advised on domestic and international mergers and acquisitions, joint ventures, corporate finance transactions and other general commercial and corporate matters.

During 2004, she was seconded for eight months to Henderson Global Investors where she worked on the launch and refinancing of international property funds. Caroline was also seconded to Eversheds' Copenhagen office, to assist with a joint venture between Scandinavian and Russian international companies for the provision of financial services.

Admitted In:
Cayman Islands
England and Wales (not practising)

Law Degree (Hons), London School of Economics and Political Science, University of London, UK
Commendation in Post Graduate Diploma in Legal Practice, College of Law in London, UK

2021 Legal 500 - Recommended Lawyer - Investment Funds - "Caroline Heal and Jennifer Sangaroonthong are always quick to reply and provide thorough yet understandable advice on all issues and are incredible helpful in helping us to have our questions answered. Excellent communication on the matter itself as well as billing transparency." and "Good understanding of fund structures and issues."

2018 Legal 500 - Recommended Lawyer - Investment Funds

2018 Caroline was a member of the 2018 Cayman Islands Commonwealth Games Squash Team, won a Gold Medal in women's squash singles at the 2011 Islands Games and has prior England and World Rankings in squash.

Caroline is a member of the Cayman Islands Legal Practitioners Association and is a notary public in the Cayman Islands.