Insights for emerging fund managers
Practical guides and analysis on fund structuring, regulatory frameworks, and operational best practices.
The Mansion House Accord: how emerging managers can access UK pension capital
Seventeen pension providers have pledged to put 10% of DC assets into private markets by 2030. That is roughly GBP 50 billion looking for a home. Here is how to position your fund.
Carried interest structuring in Cayman funds: what emerging managers get wrong
The '2 and 20' model is no longer the default. Here is how carry actually works in modern Cayman fund structures, and the tax traps that first-time managers miss.
Germany's fair market value threshold: what growing fund managers must prepare for now
A pending German law will switch the AIFM threshold calculation from acquisition cost to fair market value. Funds with appreciated portfolios could suddenly need full authorisation.
Tax treatment across India's AIF categories: what your investors will ask
Category I and II get pass-through taxation. Category III does not. That single difference drives investor decisions and should drive your fund structuring.
Building a compliance program for your first fund: what the SEC actually expects
The SEC examines newly formed fund advisers with increased frequency. Here is how to build a compliance program that holds up under scrutiny.
UAE corporate tax and ADGM funds: how to maintain 0% through Qualifying Free Zone Person status
The UAE's 9% corporate tax does not have to apply to your ADGM fund. Qualifying Free Zone Person status preserves 0% — but the conditions are strict and the compliance is ongoing.
EuVECA registration in Austria: a faster route to pan-European VC fundraising
Austrian VC managers can register under the EuVECA framework for simplified cross-border marketing across the EU. The 2018 amendments made it more practical. Here is how it works and where it falls short.
Launching a fund in Austria: the full process from FMA registration to first close
Austria uses a GmbH & Co. KG fund structure under the AIFMG framework. Here is what the end-to-end launch process looks like when you work with a fund services provider.
Launching a Cayman fund end-to-end: from CIMA registration to ongoing operations
What the full process actually looks like when you work with a fund services provider — formation, CIMA registration, investor onboarding, first close, and ongoing compliance.
Setting up a fund in France: AMF registration, fund structures, and what the SLP changes
France offers emerging managers a streamlined path through sub-threshold registration and professional fund vehicles like the FPCI and SLP. Here is how the system works and where it gets complicated.
Carried interest in German funds: how GP compensation actually works in a GmbH & Co. KG
Germany taxes carried interest at an effective rate of about 28.5% — if you get the structure right. Most first-time managers do not. Here is what the qualified carry regime requires and where it breaks down.
German withholding tax on fund distributions: what foreign LPs need to know
If your German fund has international investors, withholding tax on distributions is not optional. The base rate is 26.375%, treaty relief can bring it down significantly, but only if you apply for it correctly and on time.
