Cayman Islands Closed-Ended Funds

This Briefing Note provides an overview of the process and legal considerations connected with establishing and operating a closed-ended fund in the Cayman Islands.

This Note is intended to provide a general summary of the position in law as at the date of publication shown above, and is not to be taken as specific legal advice applicable to particular issues or circumstances. If such advice is required, please contact one of the Ogier partners.

Formation and statutory requirements

The most common form of entities used for Cayman closed-ended fund structures are exempted limited partnerships (ELPs), limited liability companies (LLCs) and exempted companies. For detailed guidance on the establishment and ongoing obligations for such entities, please see our Briefing Notes: Cayman Islands Exempted Limited Partnerships, Cayman Islands Limited Liability Companies and Cayman Islands Exempted Companies.