BVI Approved Managers – Managing Investments Globally

In 2023, it was estimated that the value of assets under management by hedge funds was in the region of US $5 trillion. Increasingly, offshore jurisdictions such as the British Virgin Islands (BVI) feature in the structures used by onshore and offshore investment managers to cater for a growing and diverse cross section of investors, including newly minted fintech millionaires and billionaires. The BVI is the world's largest offshore corporate domicile with over 350,000 active companies, and it is also the world's second-largest offshore investment funds domicile with close to 2,000 investment funds. The primary legislation in the BVI which regulates its investment funds regime is the Securities and Investment Business Act, 2010 and its accompanying regulations. As part of its investment funds governance framework, the BVI launched the BVI Approved Manager regime in 2012. The structure's popularity has grown from strength to strength since then, with 1,046 Approved Managers