Fund domiciles in 2021: Cayman Islands
Pros Familiar with LPs
Cons Private funds only just coming under regulation
Need to know Well regarded in terms of skills and talent
Key statistics
As of 30 June 2021:
13,820 Total private funds registered
Source: Cayman Islands Monetary Authority (CIMA)
70% of non-US domiciled AIFs managed by US SEC-registered advisors domiciled in Cayman.
Source: Cayman Finance
Recent developments
In February 2020, Cayman Islands Government passed the Private Funds Law 2020 (PFL 2020), which addressed the EU’s concerns for collective investment funds.
Profile:
Categories: AnalysisFundraising & fund structuringDomicilesOutsourcingFund administrationRegs & ComplianceAIFMDDomicileTax
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