Almost a year to the day after the Protected Cell Limited Partnerships Act 2021 came into force*, I’m delighted to have been involved, along with my esteemed team, in the launch of Gibraltar's first protected cell limited partnership fund.
Pattrn Capital Fund PCLP is a crypto fund that will be able to establish protected cells in the context of a limited partnership. In the past this was only possible using protected cell company vehicles. It has been a true pleasure to have been surrounded by such a super professional and dynamic team.
*Following a joint effort from Her Majesty’s Government of Gibraltar, the Gibraltar Funds and Investments Association and the Gibraltar Financial Services Commission, the Limited Partnerships Act 2021 and the Protected Cell Limited Partnerships Act 2021 came into force on 25th November 2021.
This the start of a new era and we're excited to be leading the way, we wish the team at Pattrn Capital Fund every success.
Photo L-R: Roy Kama, Ziv Shilon, Lavi Shapiro, Alon Patelsky, Ran Presberg, Orr Komissar, Daniel Rudich, Peter Thornborough, James Lasry, Benjy Cuby.
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Gibraltar is one of the few jurisdictions in the world to have this innovative new legislation. We congratulate Pattrn Capital on being the first to cross the Gibraltar protected cell limited partnership line.
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