British Virgin Islands Ease Regulatory Burden On Smaller Funds

Dec 6 2012 | 11:05am ET

The British Virgin Islands is making it easier for smaller hedge funds to make their home in the offshore financial center.

The British Virgin Islands Financial Services Committee on Monday will begin offering a new investment management license for non-institutional firms running small and medium-sized funds. The new rules streamline the regulatory matters facing such firms, which the BVI say do not pose a systemic risk to the financial system.

The new licenses cover BVI-domiciled funds with at least US$400 million in assets under management for open-ended funds and US$1 billion for closed-ended funds.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…