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David Griffin

David Griffin

  • Senior Managing Director
  • T: +1 345 743 6831
  • F: +1 345 749 6830
Office
    • Suite 3212
    • 53 Market Street, Camana Bay
    • PO Box 30613
    • Grand Cayman, KY1-1203
    • Cayman Islands
    • T: +1 345 743 6830
    • F: +1 345 749 6830
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David Griffin is a Senior Managing Director and leads the FTI Consulting Corporate Finance & Restructuring practice in the Cayman Islands. David has more than 16 years’ experience of restructuring matters, including 9 years based in the Cayman Islands and British Virgin Islands, where he has specialised in cross-border insolvency and restructuring matters involving offshore companies. 

David has extensive experience in all aspects of the offshore financial services industry. He has been involved in some of the largest insolvency and restructuring matters in the region involving investment funds (distressed and non-distressed), offshore banks, insurance companies, complex groups of companies, fraudulent investment schemes and failed structured finance vehicles.

David has acted as Liquidator, Receiver and/or Restructuring Advisor of numerous investment funds. Relevant previous engagements include:

  • Voluntary liquidations of a large number of investment funds on behalf of a major global financial institution;
  • Provisional Liquidator of Rhone Holdings LP, a substantial private equity fund following a dispute between the limited partners and general partner and investment manager;
  • Official Liquidator of a highly leveraged Master/Feeder fund structure, facing liquidity pressure due to margin calls on derivative positions from institutional counterparties;
  • Dealing with several distressed funds affected by the collapse of Bernard L. Madoff Investment Securities LLC with reported net asset values of between US$50 million and US$4 billion;
  • Voluntary liquidations and restructuring of a Master/Feeder to simplify the structure and allow the Feeder to hold direct investments;
  • Advisor to a major fund in relation to the establishment of a liquidating trust to hold illiquid investments in other funds following the conclusion of a wind down process;
  • Official Liquidator of Artefact Partners Global Opportunities Fund Ltd, involving the realisation of a high value illiquid investment and disputed claims from service providers;
  • Strategic assessment of options and active monitoring of a fund holding participation interests valued at US$110 million in residential and commercial real estate developments;
  • Voluntary liquidation of a Master/Feeder structure requiring the sale of debt and equity in an underlying portfolio company following a successful restructuring and the distribution of redemption proceeds to remaining investors;
  • Investigations and concurrent liquidations of 57 Cayman companies implicated in a Ponzi scheme with investments amounting to US$300 million from predominantly U.S.- based investors;
  • Dealing with the liquidations of several banks with branches in Argentina, Uruguay, and Brazil and the management and distribution of investment portfolios held in custody; and
  • Advisor to numerous investment funds considering closure, including advice on wind down plans and options for dealing with residual assets, contingent liabilities and other disputes.

Prior to joining FTI Consulting, David was National Head of the contentious insolvency and asset recovery team of a major international accounting firm in the U.K. From 2004 to 2011, he held managerial positions with another firm of restructuring advisors in the Cayman Islands and British Virgin Islands.


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