Investment Fund Formation in Asia: Key Structural and Regulatory Considerations

HKMA and MAS requirements drive manager strategy

Sterling & Ghold's team of experienced practitioners brings decades of specialized expertise to every matter, combining deep industry knowledge with practical commercial judgment. Our lawyers work seamlessly across offices and practice groups to deliver integrated advice that addresses the full scope of our clients' objectives.

Asset managers expanding their distribution to Asia Pacific institutional investors must carefully select their fund domicile and structure to optimize regulatory treatment, tax efficiency, and investor appeal. The choice among Cayman Islands, Singapore VCC, and Hong Kong OFC structures involves trade-offs that depend on the manager's target investor base and long-term strategy.

Sterling & Ghold's team of experienced practitioners brings decades of specialized expertise to every matter, combining deep industry knowledge with practical commercial judgment. Our lawyers work seamlessly across offices and practice groups to deliver integrated advice that addresses the full scope of our clients' objectives.

We advise managers at every stage of fund formation, from initial structure selection through regulatory registration, constitutional document drafting, side letter negotiation, and ongoing compliance. Our team has deep relationships with regulators in Hong Kong and Singapore and a track record of efficient, market-standard fund launches.

Portrait of Kai Nakamura

Kai Nakamura

Associate