Expertise
Covering regulated financial services, transactions, private wealth and the disputes that follow.
All expertiseExpertise
Fund structures that survive contact with investors, regulators and administrators.
A fund structure has to satisfy three audiences at once: the regulator that authorises it, the investors who subscribe to it, and the administrator who has to run it. Documents that read well but cannot be operated create problems years later, usually at the worst moment.
We establish and document Mauritian fund vehicles across the full range of structures — variable capital companies and their sub-funds, protected cell companies, limited partnerships, Expert Funds and Professional Collective Investment Schemes — and advise on their governance, restructuring and eventual wind-down.
Capabilities
8 capabilities · 8 representative matters
Representative experience
Matters are described in anonymised form to protect client confidentiality. Past matters are not a guarantee of future outcomes.
Full experience libraryAssisted with the establishment of a MUR-denominated retail fund platform structured as a Mauritius variable capital company with two open-ended sub-funds pursuing differentiated growth and income strategies. Prepared and refined the prospectuses, investment strategy and risk disclosures, governance framework, investor suitability provisions and FSC-facing documentation.
Assisted with the establishment, licensing and closing of a Mauritius protected cell company structured as a closed-ended Professional Collective Investment Scheme forming part of a West African sustainable infrastructure private equity platform. The platform targeted climate transition and infrastructure assets across sectors including energy, transport, water, food security, logistics, telecoms and data centres.
Assisted with the establishment of a Mauritius variable capital company and related sub-fund structure, including preparation of regulatory documentation, governance provisions, sub-fund segregation mechanics, constitutional documents and FSC application materials.
Assisted with the establishment of an Expert Fund structured as a Mauritius limited partnership with legal personality and a general partner / CIS Manager model. Prepared and aligned the private placement memorandum, limited partnership agreement, investment management agreement, advisory agreement, subscription documents and related AML/CFT documentation.
Assisted with the establishment of a Mauritius closed-ended Professional Collective Investment Scheme structured as a private limited life company and feeder vehicle into an Indian SEBI-registered Category II Alternative Investment Fund.
Assisted with the establishment of a self-managed closed-ended Professional Collective Investment Scheme focused on SME and portfolio company investments across Africa, with emphasis on agriculture, agro-industry, natural resources, energy, renewable energy, tourism, infrastructure and ICT.
Assisted with responses to FSC queries concerning ESG fund disclosure and reporting requirements, including regulatory positioning, investor disclosure language and alignment with applicable ESG fund guidance.
Advised on fund continuation, divestment and asset transfer options, including structuring considerations for transferring residual fund assets to a new vehicle.
Reference
A short reference on the structures and roles most often relevant to our clients.
People
Insights
A VCC gives promoters a single platform with segregated sub-funds. The segregation is only as strong as the constitutional drafting, the inter-vehicle arrangements and the operational discipline behind it.
7 min read
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