Harneys launches new Legal Minds on Markets podcast series
Corporate

Harneys launches new Legal Minds on Markets podcast series

Introducing Legal Minds on Markets, a new series of podcasts providing clear views and incisive commentary on trending topics in the financial world with an offshore slant.
Continuing obligations for Cayman Islands exempted limited partnerships
Investment Funds

Continuing obligations for Cayman Islands exempted limited partnerships

All exempted limited partnerships (ELPs) registered in the Cayman Islands are subject to the continuing obligations set out in the Exempted Limited Partnerships Act (ELP Act). This Guide provides a general summary of some of the on-going obligations of Cayman Islands exempted limited partnerships.
Segregated portfolio companies in the Cayman Islands
Investment Funds

Segregated portfolio companies in the Cayman Islands

Any Cayman Islands exempted company (the most common Cayman corporate vehicle limited by shares) may be registered as a segregated portfolio company (an SPC) under the Cayman Islands Companies Act (Companies Act). The concept of an SPC is that the company, which remains a single legal entity, may create separate segregated portfolios (each, a Portfolio) with the assets and liabilities of each Portfolio being statutorily ring-fenced from the assets and liabilities of each other Portfolio and the general assets and liabilities of the company. Income and other property of an SPC that is not attributable to any Portfolio constitute the general assets of the company.
Limited liability companies in the Cayman Islands
Investment Funds

Limited liability companies in the Cayman Islands

The Cayman Islands limited liability company (LLC) is a corporate vehicle closely aligned with the Delaware limited liability company. This Guide sets out the key features of LLCs and how they can be formed under the Limited Liability Companies Act (LLC Act).
Continuing obligations of a Cayman Islands registered private fund
Investment Funds

Continuing obligations of a Cayman Islands registered private fund

This guide sets out the continuing obligations under Cayman Islands law of a closed-ended fund registered with the Cayman Islands Monetary Authority (CIMA) under the Private Funds Act (Private Funds Act).
Continuing obligations of a Cayman Islands Registered Mutual Fund
Investment Funds

Continuing obligations of a Cayman Islands Registered Mutual Fund

This guide sets out the continuing obligations under Cayman Islands law of an open-ended fund registered with the Cayman Islands Monetary Authority (CIMA) under section 4(3) or 4(4)(a) of the Mutual Funds Act (Mutual Funds Act).