Directors of Cayman Islands hedge funds must conduct a fund’s affairs in a transparent and honest manner, always disclosing to the Cayman Islands Monetary Authority's ("CIMA") any substantive issues which could materially...more
While standard governance principles continue to apply (and should be followed) throughout the lifetime of a fund, the board of directors must be prepared to adapt governance practices and, for example, revisit discussions...more
8/3/2023
/ Board of Directors ,
Cayman Islands ,
Conflicts of Interest ,
Creditors ,
Economic Downturn ,
Governance Standards ,
Insolvency ,
Investment Management ,
Investors ,
Liquidity ,
Restructuring ,
Risk Management ,
Safe Harbors
In light of recent and ongoing market disruption and uncertainty, Hedge Fund Co-Investment Vehicles ('CIVs') have become an increasingly attractive option for investors.
In essence, CIVs allow investment managers to take...more
The British Virgin Islands (BVI) government has succeeded in its request for a supplementary review to more accurately reflect its current legislative status following the EU's decision last month to add the BVI to its list...more
According to a report by data platform Magnitt, the total funding secured by startups in the Middle East and North Africa (MENA) amounted to approximately US$864 million in the first quarter of 2022. Startups in the UAE...more
7/20/2022
/ Africa ,
British Virgin Islands ,
Cayman Islands ,
Confidentiality Policies ,
Income Taxes ,
Incorporation ,
Investment Funds ,
Investors ,
Jurisdiction ,
Middle East ,
Shareholders ,
Startups