Finding out the fund structure and domicile that suits the client’s needs is important at the start and to grow in the future. Together with legal and tax council Privium will develop a proposition that can be used to set up the fund structure, set of managed accounts, etc.
Building a track record can best be done in a fund structure. Having an audited opinion based on statements from different independent service providers, gives –potential- investors a high degree of comfort. A fund also allows for operational efficiency when dealing with a larger group of investors or investors from different jurisdictions. Depending on the location of the investment team, the investor base and future growth plans Privium engages the conversations about a fund or other possible structures. Issues dealing with regulation, transparency and fiscal treatment play a role in determining the final structure.