Insights for emerging fund managers
Practical guides and analysis on fund structuring, regulatory frameworks, and operational best practices.
German partnership tax returns: the filing obligation that catches fund managers off guard
If your fund has two or more German investors, you are required to file an annual partnership tax return in Germany. Most managers find out too late.
Sub-threshold AIFM registration in Germany: what emerging managers actually need to know
Germany lets fund managers operate under a light-touch registration if they stay below the AUM thresholds. Here is how it works, what it costs, and where it breaks down.
AIF category selection in India: the decision that shapes everything else
Category I, II, or III — the AIF category you pick determines your tax treatment, investment restrictions, investor base, and regulatory burden. Get it wrong and you cannot easily switch.
SEBI AIF registration: what the process actually looks like from the inside
SEBI registration takes 60-90 days if your application is complete. Most first-time managers add months by underestimating the PPM requirements and merchant banker coordination.
AIFM registration vs. authorisation in Luxembourg: understanding the EUR 100/500 million thresholds
Every Luxembourg fund manager must choose between registering as a sub-threshold AIFM or seeking full authorisation. The thresholds are simple, but the consequences of getting it wrong are not.
RAIF vs. regulated fund structures: choosing the right speed to market in Luxembourg
Luxembourg gives you three ways to structure an alternative fund. Only one of them lets you skip CSSF approval entirely — and that changes everything for a first-time manager.
Fund manager licensing in Singapore: choosing between VCFM, A/I LFMC, and RFMC
MAS offers three licensing tiers for fund managers. Picking the wrong one costs you time, money, and flexibility. Here is how each actually works.
The Variable Capital Company: Singapore's purpose-built fund vehicle
The VCC is now the default structure for new fund launches in Singapore. Here is what it does, what it costs, and why it beats the alternatives for most emerging managers.
The UK's three-tier AIFM system: picking the right regulatory path for your fund
The UK runs three distinct AIFM classifications, each with different costs, timelines, and obligations. Most emerging managers only need to care about two of them.
UK limited partnerships: why they dominate fund structuring and how to set one up
The English or Scottish LP is the default structure for UK private capital funds. It has been for over a century. Here is what emerging managers need to know before forming one.
The UK's RVECA regime: the lighter path to running a regulated VC fund
Full AIFM authorisation is not the only path to running a UK venture fund. RVECA registration gets you there faster, cheaper, and with less overhead.
Delaware LP formation: why it is the default for US venture funds
Over 70% of US venture funds form in Delaware. Here is what that actually means for your fund structure, tax treatment, and ongoing obligations.