Limited Partnership Fund (LPF)
Key Features:
- Contractual Flexibility: Allows for tailored profit-sharing arrangements and governance structures.
- Tax Pass-through: Profits are not taxed at the fund level, avoiding double taxation (attractive for private equity/venture capital).
- Privacy: Provides confidentiality regarding investor details compared to public companies.
Open-ended Fund Company (OFC)
Key Features:
- Dynamic Capitalization: Ideal for mutual funds and hedge funds; allows for the continuous creation and redemption of shares.
- Corporate Structure: Structured as a company with limited liability, offering familiarity to traditional institutional investors.
- Sub-Funds: Allows the creation of segregated sub-funds with distinct investment strategies and asset pools.
Cayman Segregated Portfolio Company (SPC)
Key Features:
- Asset Protection: Each portfolio is legally insulated from liabilities of other portfolios, offering robust ring-fencing of assets.
- Global Standard: Universally recognized by institutional investors and international exchanges.
- Administrative Efficiency: Enables streamlined operations for multi-strategy funds with a single legal entity.
