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Sheba Raza


Sheba is counsel in Carey Olsen's corporate practice based in London. She has over 12 years’ offshore experience advising clients on a wide variety of Bermuda corporate and finance transactions. She has a diverse practice acting for a range of financial institutions and public/private companies across the energy, insurance, real estate and financial services sectors. She also regularly advises high net worth individuals on real estate and aircraft financings.

Sheba specialises in finance with expertise in asset finance, capital markets, derivatives, general corporate lending, insurance finance, real estate finance and structured finance. She is also experienced in segregated account company structures, cross-border acquisitions, corporate reorganisations and equity investment transactions.

Since 2015, she has been a director and member of the Management Committee of The Bermuda Society (a non-profit platform to promote and strengthen business and cultural links between Bermuda, the City of London and other international finance centres) organising and hosting a number of Bermuda related seminars and workshops. 

Sheba has been consistently recognised each year since 2013 for her offshore expertise by Legal 500 and since 2014 by both the Global and UK versions of Chambers & Partners being praised most recently by Chambers Global for her 'tremendous experience' and as someone who helps to 'look for solutions rather than simply identifying problems'. She is also the only London based individual ranked in the 'Foreign expertise based abroad' section of the Bermuda rankings.


Prior to joining Carey Olsen in June 2020, Sheba was counsel at another offshore law firm based in London where she practised Bermuda and British Virgin Islands law. Prior to moving her legal focus offshore, she spent seven years practising English law in the City of London with the corporate and banking teams of CMS Nabarro Olswang LLP, White & Case LLP (including completing banking secondments at both Barclays Capital and BNP Paribas SA) and Milbank LLP. 

Sheba was admitted as an English solicitor in 1999, as a registered associate to the Bermuda Bar in 2007 and to the Eastern Caribbean Supreme Court (BVI) in 2012. 

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