You’re raising a fund with digital assets in scope, out of the Cayman Islands. Structure and licensing move together, not one after the other.
Information, not advice
This page is information, not legal advice about your matter. A retainer begins only when a lawyer confirms it.
Start here
Decide who is allowed to invest before you decide anything else
Mutual fund or private fund, and whether CIMA registration is required. Who can invest decides the route, the cost and the disclosure.
What to work through, in order
Investor class and disclosure
Open-ended vehicles fall under the Mutual Funds Act and closed-ended ones under the Private Funds Act, each with its own CIMA registration and audit requirements. Investor minimums determine which exemptions apply.
The licensing route
Registration as a securities investment business registered person, or full licensing where the activity or client base requires it. CIMA’s expectations on governance and oversight apply either way.
Where the vehicle sits
The exempted limited partnership remains the default for closed-ended funds, with segregated portfolio companies used where strategies must be ring-fenced.
Next steps
What happens if you go ahead
Scoping call
Written scope and fixed-fee quote
Engagement, once a lawyer confirms
Who would handle it
Offices
New York
450 Park Avenue, 3rd Floor, New York NY 10022
San Francisco
28 Geary Street, Suite 625 #133, San Francisco CA 94108