Limited Partnership Fund (LPF) Regime- Hong Kong

Limited Partnership Fund (LPF) Regime- Hong Kong

The LPF regime was established by the Limited Partnership Fund Ordinance (Chapter 637 of the Laws of Hong Kong) (LPFO) which took effect on 31st August 2020. Like an Exempted Limited Partnership (ELP) in the Cayman Islands, an LPF does not have separate legal personality…

Hong Kong Budget Summary 2020- 2021

Hong Kong Budget Summary 2020- 2021

Since the establishment of the two new fund structures, namely the Open-ended Fund Company (OFC) and the Limited Partnership Fund (LPF), the investment fund regime of Hong Kong has become more comprehensive. With 11 OFCs and over 100 LPFs already set up, Hong Kong’s status…

ASCENT Fund Services Plans to enter Australia – Interview by Acuris Mergermarket Group

ASCENT Fund Services Plans to enter Australia – Interview by Acuris Mergermarket Group

ASCENT Fund Services, a Singapore-headquartered independent global fund administration services provider, is actively seeking acquisitions or commercial partners to enter the Australian market, said co-founder Samuel Chen The company is using Singapore-based corporate advisory and investor relations firm Spark Plus, which has also organized non-deal…

Announcing Collaboration Ascent Fund Services and Camelot Trust

Announcing Collaboration Ascent Fund Services and Camelot Trust

May 19 2020- ASCENT Fund Services, a global fund administrator and Camelot Trust, Trust Solution provider announces to joins hand together in providing complete Trust Solutions to asset management firms. Camelot Trust Pte Ltd was established in 2004 in Singapore with local presence in New Zealand,…

Cayman Islands Law Amendment Section 4(4) – Who is Affected?

Cayman Islands Law Amendment Section 4(4) – Who is Affected?

The Cayman Islands Government has published two laws for Fund Managers , imposing registration and other requirements on different fund types.

Cayman Islands Investment Funds – What You Need to Know

Cayman Islands Investment Funds – What You Need to Know

The Cayman Islands is a popular jurisdiction accepted worldwide as an international financial hub. Leading financial institutions, private and public businesses from across the globe have chosen the Cayman Islands as their jurisdiction of choice for many reasons like, reputation, flexibility, time zone benefit, absence of tax, absence of exchange control restrictions, no requirement of annual shareholder’s meeting, speed of formation of fund vehicles, quality of local service providers, investment fund structure available ,compliance, political stability, etc.

Alternative Investment Funds

Alternative Investment Funds

Background: The need of AIF arises with the surge in venture capital investment. With the identification of the benefits of venture capital investments for the growth of specific sectors, the Government of India started introducing various regulations targeted at different forms of investment funds in India,…

Economic Substance (ES) – Cayman Islands

Economic Substance (ES) – Cayman Islands

ECONOMIC SUBSTANCE- CAYMAN ISLANDS INVESTMENT FUNDS AND FUND MANAGERS The International Tax Co-operation (Economic Substance) Law, 2018 (ES Law) came into effect in the Cayman Islands on 1 January 2019, requiring in-scope entities that carry on particular activities to have demonstrable economic substance in Cayman….

Switch Administrator

Switch Administrator

Fund managers often selectively change their existing group of service providers as their funds grow and their needs evolve.

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