Investment Fund Market Guide – Cayman Islands
Key features (Register market)
Settlement free of payment
Settlement against payment
Refer to CBL’s Eligible currencies and the fund currency specified in fund prospectus.
Refer to Disclosure Requirements – Investment Funds – Cayman Islands.
Restrictions on customer
Refer to Holding Restrictions – Investment Funds – Cayman Islands
Restrictions on settlement
Market type / link type (Settlement link)
|Eligible fund types / legal forms in CBL|
Register market: Mutual fund / Master fund structured as a company, unit trust or partnership and private fund.
CSD link: n/a
Eligible fund types in CBL
Fund types in Cayman Islands include:
- Mutual funds and Master funds which can be established as a company, partnership or unit trust. They are required to register with the Cayman Islands Monetary Authority.
- A company could be in the form of a limited company or segregated portfolio formed under the Companies Law (2020 Revision) or a limited liability company formed under the Limited Liability Companies Law (2016). Trusts are common law trusts. Partnerships would be registered under the Exempted Limited Partnership Law (2018 Revision).
- A private fund can be structured as a company, unit trust or partnership. Private equity funds, venture capital funds, infrastructure funds and other closed-ended funds are generally regarded as “private funds” under Cayman Islands law.