Derek Adler (pictured) ACSI is a director and founder member of International Financial Administration Group (‘Ifina’), which has now been around for 17 years providing fund administration services to small and emerging fund managers as well as large institutional clients.
Yorkville Advisors, the US based investment manager to a family of funds, has executed a SGD10m equity line facility with Advanced Integrated Manufacturing. Under the terms of the facility, AIM may issue ordinary shares to Yorkville in tranches based on
After signing Model 1 inter-governmental agreements (IGA) with both the US and the UK in November 2013, in July 2014 the Cayman Islands government passed the necessary regulations to provide legal obligations with respect to US and UK FATCA as
Long/short equity hedge funds ended the third quarter in positive territory as improving global macroeconomic data continued to suggest an economic recovery, according to data from Credit Suisse. September marked yet another positive month for long/short equity hedge funds as
By Giorgio Subiotto (pictured) & Shameer Jasani, Ogier – We have witnessed a clear evolution in how the composition of boards of directors on Cayman investment funds has been structured. The concept of using independent directors is not new. Many US
By Nicholas Butcher, Maples and Calder – Cayman Islands exempted limited partnerships (“ELPs”) are currently riding the crest of a wave. Consistently a popular form of investment vehicle for hedge and especially private equity funds, 2013 saw a record 2,368 ELPs
Castlestone Management, the alternative New York and London asset manager, has made direct, unleveraged exposure to physical gold bullion and precious metals available to euro and sterling investors in its Aliquot Gold Bullion and Aliquot Precious Metals Funds. Euro and
On 6 December 2013, after a period of consultation with industry practitioners, the Cayman Islands Monetary Authority (CIMA) – the Islands’ financial regulator – released its Statement of Guidance for Regulated Mutual Funds (‘SoG-MF’). In essence, the SoG-MF codifies and
The S&P GSCI increased 0.17 per cent in September led by strength in the precious metals sector, according to Standard & Poor’s. The S&P GSCI Precious Metals Index increased 6.49 per cent in September and has returned 16.19 per cent
The European Life Settlement Association has spoken out against recent media speculation that life settlements are tipped to become the new vogue for securitization, following the failure of ill-fated US mortgage-backed products. Reports have suggested that credit reference agencies have
