In recent years, the fund industry in Gibraltar has seen rapid and impressive growth, and it continues to expand at a phenomenal rate. As a result, Gibraltar has become a serious option for individuals and companies considering where to base investment funds.
Hassans has been at the forefront of this development, advising both the Government of Gibraltar and most of the funds domiciled in Gibraltar. There are many types of funds in Gibraltar including:
A fund that is offered to a restricted class of up to 50 investors, is exempt from any licensing requirements and must remain private for a year from the date of offer.
Experienced Investor Funds (EIFs)
One of the most exciting and competitive innovations in the Gibraltar fund industry is the Experienced Investor Fund (“EIF”). An EIF is a fund which is highly versatile and lightly regulated. Investors in these funds must:
- be investment professionals,
- have a net worth in excess of €1,000,000; OR
- invest a minimum of €100,000 in the fund.
An EIF can be set up in a matter of days and does not require prior regulatory approval.
Protected Cell Companies
The use of a Protected Cell Company (“PCC”) allows a fund to be set up so that assets and liabilities are split between different ‘cells’. Each cell then serves as a sub-fund, which can be used by separate clients or by one client wishing to promote several investment strategies.
There is no limit to the number of cells a PCC may create, and they may be licensed as EIFs or Retail Funds.
After two-years as Deputy Chairman, I am delighted to have been reappointed as Chairman of the Gibraltar Funds and Investments Association for the next two years. I wish to thank […]
Was great to talk to Ireland-based Daniel Lawlor at The Aquest Podcast on regulated crypto funds last week. Correctly cited by Daniel, Gibraltar is fully leading the way when it […]
James Lasry will be joining the Debtwire Direct Lending Forum 2022 tomorrow afternoon at 16:20 GMT alongside Diala Minott, Partner at Paul Hastings (Europe) LLP, for a fireside chat on […]
I was delighted to be back in beautiful Dublin to attend the CIFD graduation ceremony. I am pleased that the values of good corporate and fund governance are being applied […]
There’s never been a better time to set up a business in Gibraltar. Gibraltar continues to offer many advantages for entrepreneurs chasing their dream as well as international companies looking […]
Hassans advises many of the world’s the leading FinTech companies and have been instrumental in attracting some of the biggest cryptocurrency and blockchain-based brands and exchanges to Gibraltar, assisting with […]
Very shortly after the 23rd June 2016 Brexit vote, I bumped into my since sadly departed political friend (and occasional adversary), Juan Carlos Perez. On this day our analysis was […]