You’re raising a fund with digital assets in scope, out of the United Kingdom. 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
Whether retail investors can access the fund changes the authorisation you need and the documents you produce. Everything else hangs off it.
What to work through, in order
Investor class and disclosure
Whether the vehicle is an alternative investment fund, and whether it can rely on the national private placement route. Retail access brings substantially heavier authorisation and disclosure requirements.
The licensing route
Full FCA authorisation as an AIFM, appointing a host AIFM, or relying on the small registered regime. Each carries different capital, reporting and lead-time consequences.
Where the vehicle sits
An English limited partnership, often with a Channel Islands parallel, and increasingly the qualifying asset holding company regime where tax efficiency matters.
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
London
25 Southampton Buildings, London WC2A 1AL