Co-investment and leverage allow Venture Capital schemes to use segregated portfolios and special purpose vehicles subject to disclosure safeguards. Venture Capital schemes may co-invest in permissible investments through an Authority-framework special purpose vehicle or a segregated portfolio issuing ... Summary
International Financial Services Centres Authority (Fund Management) Regulations, 2025
Co-investment and leverage allow Venture Capital schemes to use segregated portfolios and special purpose vehicles subject to disclosure safeguards.
Venture Capital schemes may co-invest in permissible investments through an Authority-framework special purpose vehicle or a segregated portfolio issuing a separate class of units. Segregated portfolio investments cannot receive terms more favourable than the common portfolio, and their creation must be disclosed in the placement memorandum. A co-investment special purpose vehicle may undertake leverage if the placement memorandum discloses it.
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