Gibraltar Funds: The Case For Gibraltar

For too long, Gibraltar has been the fund domicile that sophisticated managers discover by accident. That is beginning to change.  For summary Q&A click here.

THE DEFAULT PROBLEM
The fund industry runs on convention. Managers raising their first institutional vehicle reach for the structure that institutional allocators have always expected to see. Those building a regulated product in Europe reach for the dominant jurisdictions because they feel that these jurisdictions offer the path of least resistance. These are rational choices, until you examine what they actually cost in time, money, and operational drag.

A fund structured through one of the major established centres takes months to set up, involves multiple layers of service providers across jurisdictions, and carries ongoing compliance costs that are punishing for sub-scale managers. A fully AIFMD-compliant fund in the leading European domiciles is a serious undertaking: depositary requirements, risk management systems,