A fund is a pool of money that is allocated for a specific purpose. The purposes for establishing a fund can vary greatly.
There are a number of types of fund structures available depending on the jurisdiction of the funds. Recent announcements from the Singaporean government have led to the establishment of Variable Capital Companies (“VCCs”) under the guidance of ACRA, IRAS & MAS. In Singapore, FMCs have the option of using the VCC as a fund vehicle over the Limited Partnership and Private Limited structures.
Another possible structure is the European-domiciled funds- the ICAV. It can be established as a standalone project or an umbrella project, and it can also be open-ended. A manager of an ICAV fund can choose to forego an AGM and produce audited accounts at the sub-fund level.
Bluebox Global works closely with the right partners to identify the right fit, manage the entire set-up process and streamline the process in order to simplify the process. The fund setup can be managed by us since we can assist in obtaining regulatory approvals and communicating with the authorities.
With an experienced team that can assist you with every aspect of your set up, we serve as a one-stop shop managing your needs and simplifying otherwise tedious processes.
How Bluebox can help you?
As an investment fund service provider, we aim to provide all the services our clients need at a fair price and with a high level of professionalism. No matter what your needs are – whether you intend to simplify and optimize your portfolio management strategies for your clients or you want more visibility on your investments and wish to launch your own fund – we are happy to assist you.
- Advice and guidance on choosing the right legal form for the fund and its jurisdiction.
- Make sure tax exemptions and legal agreements are filed with other service providers, such as lawyers and accountants.
- Fund and management company licensing support.
- Establish the fund entity and prepare a prospectus, a business plan, and a manual for operations.