Setting-up and Launching a Fund

Setting-up and Launching a Fund Door Nicole Rodrigues

1. Location

2. Prospectus, scheme particulars or offering documents

3. Formulation of terms and conditions

4. Maximum and minimum investment

5. Investment risk profile

6. Appointments

7. Transfer agency

8. Disclaimers

9. Sales and marketing

10. Regulatory body

11. Strategy and objectives

12. Sponsor

13. Definition of market and creation of share structure

14. Fund type

15. Fund Structure

16. Onshore

17. Offshore

18. Listing/registration

19. Authorisation

20. Compilation of the applicable offering documents

21. Subscription

22. Redemption

23. Termination

24. Nest asset value (NAV)

25. Publication of price

26. Lock-in period

27. Other expenses

28. Performance fee basis and charging periods

29. Carried interest of partners.managers

30. Income distribution

31. Equalisation/dilution levy basis

32. Any conditions attached to the subscription process including amount invested.

33. Third party investment managers

34. Fund administrators

35. Custodians

36. Auditors

37. Lawyers

38. Accountants

39. Consultants

40. Valuers

41. Appointment of separate transfer agency to deal with the investors in the fund if the administrator is not a full service firm.

42. Compilation of those included in offering documents.

43. How the fund will be marketed

44. Appointment/approval of appropriate intermediaries

45. Which regulation in which the fund will be authorised by. (In various jurisdictions certain funds can be unregulated).

46. Expected/target return

47. Sectors

48. Products

49. Income

50. Growth

51. Private equity

52. Name(s)

53. Currency

54. Investor location

55. Market/srategy

56. Retail

57. Hedge fund

58. Pension fund

59. Private equity

60. Commodity

61. Real estate/property

62. Domestic

63. Foreign

64. Associate corporate director

65. Board of directors

66. Investment manager company

67. Trustees

68. Partners