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.
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.
Launching an AIF in India: what the process looks like from SEBI registration to first drawdown
India's AIF framework under SEBI has specific requirements around categories, trust structures, and merchant banker due diligence. Here is what the end-to-end launch looks like.
Launching a RAIF in Luxembourg: timeline, costs, and what we handle
The Reserved Alternative Investment Fund has become the default Luxembourg vehicle for emerging managers. Here is what the launch process looks like end to end — from AIFM appointment to first close — and how the work is divided between the manager and the fund services team.
Setting up a family office fund structure in Singapore: what you actually need
Singapore has over 1,400 single-family offices now. The tax incentives are real, but so are the substance requirements, staffing mandates, and ongoing compliance. Here is how the structure actually works.
Launching a VC fund in the UK: the full process from FCA registration to first close
What the end-to-end fund launch process actually looks like in the UK — from picking a regulatory pathway and forming your LP, through FCA registration, investor onboarding, and first close. Here is what we handle and what you need to do yourself.
Long-Term Asset Funds: the UK's new structure for private market access
The LTAF is the UK's answer to getting pension and retail capital into private markets. For emerging managers, it opens doors that limited partnerships cannot.
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.
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.
ADGM fund classification: Exempt vs. Qualified Investor Funds and what the minimums mean for your raise
Choosing between an Exempt Fund and a Qualified Investor Fund in ADGM is not a technicality. The minimum subscription threshold — $50,000 or $500,000 — shapes your investor base, your fundraise, and your admin costs.
Closed-ended vs open-ended funds in the Cayman Islands: which structure fits your strategy
The Cayman Islands has two distinct regulatory regimes for funds. Picking the wrong one will cost you months and money. Here is how to decide.
Why the exempted limited partnership dominates Cayman fund formation
Around 90% of Cayman alternative investment funds use the ELP structure. Here is what makes it the default for emerging managers and what you need to know before forming one.