The value of assets of hedge funds administered in Bermuda has grown from about $8.13bn in 1997 to more than $72bn in 2002. A Bermuda hedge fund can be set up as a limited liability company (LLP), a partnership or a unit trust.
A fund vehicle can usually be established in Bermuda within two to five working days. What the optimal structure for a fund is will depend on where the fund is to be marketed and the nature of the potential investor base. There are no Bermuda income, corporation, stamp dut
The week on Risk.net, March 10-16 2018Receive this by email