What we do
YOUR OFFSHORE PARTNER
Many asset managers are looking to internationalise their businesses by setting up offshore asset management companies and creating fund structures domiciled across various offshore jurisdictions. Due to the global project to address tax base erosion and profit shifting combined with the recent economic substance requirements, this is often too time consuming, complex and expensive to achieve independently. Our depth of experience, strategic involvement and hands on client approach allows us to deliver an affordable solution, tailor made to accommodate clients across all asset classes.
What we specialise in
Investment Management
- We create offshore asset management companies through our established Guernsey incorporated cell company (“ICC”). The ICC consists of a core and a number of incorporated cells (“IC”), with each IC materially benefitting from the cost rationalisation that exists within our structure. Each IC is a separate legal company with shares being issued to shareholders who are different for each IC and different from the shareholders of the core. The core and each IC are licenced and regulated by the Guernsey Financial Services Commission.
- We provide two available options within our structure:
- The incorporation of your own IC, wholly owned by you, to act as an asset manager.
- The appointment of an existing IC, wholly owned by the core of the ICC, to act as an asset manager on your behalf.
- In both instances, we manage the full set up process and the on-going day to day operations. Our team of experienced personnel will deal with all your risk management, accounting, compliance, regulation, investor relations, marketing and business development requirements.
- We also have experience in launching asset management companies independently from our ICC.
Fund Structures
- We specialise in the creation of offshore fund structures, tailored to meet the specific needs of investors, regulators and asset managers.
- We have a specialised team that takes care of initiating, structuring and implementing the funds from start to finish including but not limited to;
- Drafting the fund documentation (Prospectus, Explanatory Appendix, Supplemental, Investment Management Agreement, Investment Advisory Agreement
- Appoint all the service providers (Administrator, Custodian, Prime Broker, Independent Directors, Auditor, Compliance Officer, MLR Officer)
- Deal with all the regulatory requirements (Regulatory approval, ISIN, GIIN, CRS, FATCA, AIFMD)
- We deal with managing the continuing day to day operations of these particular fund structures, we can assist with the following functions;
- Mandate Compliance
- Risk Management
- Trading and execution
- Checking the management and performance fee calculations and fee accruals
- Valuation review
- Preparing marketing material
- Marketing the fund to investors in various jurisdictions
- Investor relations
- Regulatory reporting
- Managing the annual audit process
- We have established regulated fund platforms in Guernsey and the Cayman Islands, which allows for minimal set up costs should prospective clients wish to launch funds on these platforms. We also have experience in launching the following independent funds:
- Open and closed ended funds
- Private Investments Funds
- Unregulated funds
- UCITS
- Segregated mandates
- Delaware LP Feeder Funds
- Cayman Master Feeder Funds