Insights for emerging fund managers
Practical guides and analysis on fund structuring, regulatory frameworks, and operational best practices.
The fund administrator problem: why only 20% of managers would recommend theirs
An EY survey found that only one in five asset managers would recommend their fund administrator. Here is what goes wrong, what the red flags look like, and how to avoid the same mistakes.
CIMA registration and ongoing compliance: what Cayman fund managers actually deal with
Registering a Cayman fund with CIMA is fast. Staying compliant year after year is the part that catches managers off guard. Here is the full picture.
Semi-professional investors in Germany: the middle category that changes your fundraise
Germany has a unique investor class between retail and professional. If you understand the EUR 200,000 semi-professional threshold, your addressable LP pool gets much larger.
India's accredited investor framework: how it changes your fundraising math
Accredited investors can commit as little as INR 25 lakhs to your AIF instead of the standard INR 1 crore minimum. That difference reshapes who you can raise from and how.
Your LPA is your fund's operating system: getting private fund documentation right
The Limited Partnership Agreement is not a formality. It governs every dollar that flows through your fund for 10+ years. Here is what to get right the first time.
ADGM service provider requirements: who you must appoint and why local nexus matters
ADGM mandates specific service provider appointments for every fund — fund administrator, custodian, and corporate service provider. New proposals tighten local nexus requirements further.
Marketing AIFs to retail investors in Austria: the Article 49 pathway
Austria is one of the few EU countries that lets you market alternative funds to retail investors. The Article 49 AIFMG process is specific, fee-heavy, and worth understanding before you commit.
The 'well-informed investor' standard: Luxembourg's EUR 125,000 gateway
Luxembourg's alternative funds are not open to everyone. The well-informed investor standard sets a EUR 125,000 minimum — but there are workarounds that every emerging manager should know.
Singapore's tax incentive framework for funds: Section 13O, 13U, 13H, and 13R explained
Singapore offers some of the most attractive fund tax incentives in Asia. The 2025 updates made them better for VC and PE managers, but the details matter.
SEIS, EIS, and VCTs: how UK tax reliefs shape venture fundraising
UK tax reliefs give your investors 30-50% income tax relief on qualifying investments. If your fund strategy aligns with them, fundraising gets materially easier.
How Cayman Islands tax neutrality actually works for fund managers
No corporate tax, no capital gains tax, no withholding tax. But tax neutrality does not mean tax-free for your investors. Here is what emerging managers need to understand.
GmbH & Co. KG: why this structure is the default for German funds
Nearly every VC and PE fund in Germany uses a GmbH & Co. KG. Here is what the structure actually involves, why it works, and what first-time managers need to get right.
NISM certification for AIF managers: what changed in June 2025 and what you need to do
SEBI now requires at least one member of your investment team to hold NISM Series-XIX-C or XIX-D certification. If you are launching an AIF, this is not optional.
