Investment Funds & Regulatory
Expertise and Professional Background
Philip Graham joined Harneys in 2008 and became a partner in 2011. He heads up the investment funds and regulatory team in the British Virgin Islands and advises on all aspects of the formation and restructuring of investment fund vehicles. Philip's team specialises in all aspects of contentious and non-contentious financial services law and regulation, including advice on obtaining or transferring investment management, administration or banking licenses and guidance on the anti-money laundering regime, anti-bribery legislation, information exchange in tax matters and economic sanctions. The team have also advised on trust company and insurance regulation and regularly assist clients with any enforcement action taken by the BVI Financial Services Commission.
Phil is a member of the BVI Joint Anti-money Laundering and Terrorist Financing Advisory Committee (JALTFAC), the BVI Financial Services Commission's Focus Group on the Alternative Investment Fund Managers Directive (AIFMD) and is Chairman of the BVI Investment Funds Association.
Before joining Harneys Philip worked in the corporate department of Wragge & Co as a senior associate where he specialised in mergers and acquisitions, public and private fund raisings, venture capital investments, joint ventures, corporate governance and international group reorganisations and structures.
Philip is a senior editor of The Offshore Funds Blog, a Harneys blog dedicated to explaining how offshore funds work and why investment managers use them.
Philip is consistently recommended as a leading lawyer by independent legal directories Chambers & Partners, IFLR 1000 and Legal 500.
University of West England (Legal Practice Course) 2000
England and Wales 2002
British Virgin Islands 2008
Chambers and Partners: Philip is applauded for his knowledge of issues underpinning the establishment and operation of BVI-domiciled investment funds. He is the lead partner on many of the team's most significant matters. Clients describe Philip as “very responsive, eager to solve issues and has a comprehensive knowledge of BVI law.”
IFLR 1000, 2017: Philip is ranked as a “leading lawyer” and is recommended by a client as “excellent”.
Legal 500: Philip is recommended by Legal 500.
Who’s Who Legal 2018: Philip is recognised as being one of the world’s leading private funds lawyers.
IFLR 2018: Philip is reognised a "market leader" and a client notes “I would recommend Phil and Harneys without reservation (and enthusiastically) to any of my colleagues and friends”.