ARTICLE · 13 DECEMBER 2016

BVI Funds Products For Emerging Managers Who Are Thinking Of Setting Up A Fund

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The BVI offers two lightly regulated open-ended fund products, the incubator fund and the approved fund...

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The BVI offers two lightly regulated open-ended fund products, the incubator fund and the approved fund, and an investment management product, the approved manager, which are all specifically targeted at emerging or smaller managers.

Harneys has a wealth of experience in assisting smaller and start-up fund managers and can guide you through every step of the process.

The incubator fund

The incubator fund allows emerging managers a two-year incubation or 'validity' period to test a strategy and establish a track record. During that period, the fund can operate with light regulation, no mandatory service providers and without carrying out an audit, provided it remains within the following relevant thresholds:

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