Q. What sort of offshore fund would suit me best?
A. We work with our Cayman Island partner companies to a full range of fund structures which vary according to level of regulation and legal structure. These can be 'open' or 'closed', when we have discussed your requirements we will be able to suggest the best structure for the fund.
Q. I would like to have my own fund but I don't think I can afford it
A. You may be surprised, we can help create a fund for as little as EUR 7'500 which includes core documentation and bank accounts with a leading bank as well as ISIN codes.
Q. How much AUM do I need to set up a fund?
A. Depending on the type of fund required we can potentially create structures with as little as EUR 1 million AUM
Q. Will the fund need to be audited?
A. This depends on the type of fund your require, in a closed ended exempt fund there is no requirement for an audit, however, all other funds will require an audit.
Q. How long will it take to create the fund?
A. This depends on the type of fund, it usually between 3 and 6 weeks to launch a straightforward fund. More complex or different structures may take a bit longer
Q. Can the fund accept US investors?
A. Yes, we can create a US master feeder structure that will allow appropriately qualified US investors; at additional cost.
Q. What other services does JP Fund Services offer?
A. As part of the administration and service fee, we will facilitate the Net Asset Value (NAV) of the fund provision as well as obtain Bloomberg and Telekurs 'tickers' if required. We will arrange broking and banking facilities for the fund, negotiate interest rates and brokerage fees thanks to economies of scale and personal relations also assist with marketing.
We are very experienced in structuring the legal, valuation and market execution aspects of a fund and provide an economic means of enabling Asset Managers to significantly improve the normal terms for establishing and running a fund.