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.
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.
ADGM Category 3C licensing: the fund manager licence and the sub-threshold shortcut
ADGM's Category 3C licence is the gateway for fund managers in Abu Dhabi. A proposed sub-threshold framework could cut capital requirements and approval times in half for emerging managers.
AIFMD II in Austria: what the loan origination rules and liquidity tools mean for your fund
Austria's AIFMD II implementation lands in April 2026 with new concentration limits, leverage caps for loan-originating funds, and mandatory liquidity management tools for all open-ended AIFs. Here is what emerging managers need to know.
AIFMD licensing vs. registration in Austria: which path fits your fund
Austria's AIFMG gives emerging managers a choice between full licensing and simplified registration. The thresholds, obligations, and costs are different enough that the decision shapes your entire fund launch.
Sub-threshold AIFM registration in Germany: what emerging managers actually need to know
Germany lets fund managers operate under a light-touch registration if they stay below the AUM thresholds. Here is how it works, what it costs, and where it breaks down.
SEBI AIF registration: what the process actually looks like from the inside
SEBI registration takes 60-90 days if your application is complete. Most first-time managers add months by underestimating the PPM requirements and merchant banker coordination.
AIFM registration vs. authorisation in Luxembourg: understanding the EUR 100/500 million thresholds
Every Luxembourg fund manager must choose between registering as a sub-threshold AIFM or seeking full authorisation. The thresholds are simple, but the consequences of getting it wrong are not.
Fund manager licensing in Singapore: choosing between VCFM, A/I LFMC, and RFMC
MAS offers three licensing tiers for fund managers. Picking the wrong one costs you time, money, and flexibility. Here is how each actually works.
The UK's three-tier AIFM system: picking the right regulatory path for your fund
The UK runs three distinct AIFM classifications, each with different costs, timelines, and obligations. Most emerging managers only need to care about two of them.
The UK's RVECA regime: the lighter path to running a regulated VC fund
Full AIFM authorisation is not the only path to running a UK venture fund. RVECA registration gets you there faster, cheaper, and with less overhead.
SEC registration for emerging fund managers: exemptions you need to know
Most first-time fund managers do not need full SEC registration. The exemption framework exists for a reason — here is how to use it properly.