Private Equity Multi-jurisdictional Guide: Introduction of the New ELP Law and the Contracts (Rights of Third Parties) Law 2014

A hybrid fund combines features of open-ended hedge fund and closed-ended private equity structures. Open-ended funds allow periodic redemptions at net asset value, focusing investments into liquid portfolios. Closed-ended funds lock up capital for a fixed term, and focus on investments into illiquid strategies (e.g. PE funds and...

Prediction markets have become an increasingly prominent part of the digital asset and decentralised finance landscape.

The BVI’s Securities and Investment Business (Incubator and Approved Funds) Regulations, 2015 (the “Regulations”) introduced the "Incubator Fund” which provides a streamlined basis for start-up investment managers to establish a track record of managing funds with an open-ended strategy. The Incubator Fund regime under the Regulations does not...

Prediction markets have become an increasingly prominent part of the digital asset and decentralised finance landscape.