Such is the level of scrutiny facing alternative fund managers that the general trend towards increased usage of independent directors has risen in recent times. Maree Martin (pictured), Counsel at Conyers Dill & Pearman, confirms that fund boards are not
Flexibility, cost-effectiveness and speed to market are just a few of the advantages to electing to launch a fund on a pre-existing Segregated Portfolio Company (SPC) fund platform. Alternatively, managers may choose to set up an SPC structure of their own,
The Cayman Limited Liability Company structure has been up and running since mid-July 2016 and over that short period of time close to 200 LLCs have been registered in the jurisdiction. One of its leading architects is Jonathan Green (pictured),
By Maree Martin, Gene A DaCosta & Craig T Fulton – On 16 December 2016 the Cayman Islands Government enacted The Mutual Funds (Annual Returns) (Amendment) Regulations, 2016 (the Amendments). Pursuant to The Mutual Funds (Annual Returns) Regulations, 2006 (as amended) (the Existing Regulations), all funds
By Matt Mulry (pictured), Dillon Eustace – We often hear the Cayman Islands are criticised in the press or in political debate over perceived financial secrecy. A flagging election campaign in the US or Europe can easily benefit from the
This publication has been prepared for the assistance of those who are considering the law of the British Virgin Islands (BVI) as it pertains to anti‐money laundering measures. It deals in broad terms with the requirements of BVI law. It is
By Matt Mulry, Dillon Eustace – Whether you’re looking to launch a private equity fund focused on venture capital, real estate, infrastructure, technology, energy, health care or art or a hedge fund focused on global macro, long/short equity, special situations,
The introduction of a “regulatory sandbox” to enable businesses that provide virtual currency exchange services to experiment and test new products and applications in Jersey under light-touch regulation have been welcomed by Ogier's intellectual property, tech and digital team. Changes
Walkers is one of the most recognised international law firms and works with some of the hedge fund industry's largest asset managers. In total, the Group has 580 personnel, of which 250 alone are based in the Cayman Islands. "Overall,
The UK’s HM Revenue & Customs (HMRC) has designated the Gibraltar Stock Exchange (GSX) as a recognised stock exchange under the Income Tax Act 2007 (ITA). The designation extends to the entire Gibraltar Stock Exchange and is a significant development
