Basics of a Variable Capital Company

CNPupdate

 

Basics of a Variable Capital Company


Date Published: 28 August 2019


Authors: Bill JamiesonAmit DhumeAbel Ho and Neeti Relan.




 

This table provides you with a useful overview of the Variable Capital Company (“VCC”). It highlights the unique characteristics of the VCC and key requirements under the VCC regulatory framework.

 

Basics of a variable capital company

 

Use of the Variable Capital Company for types of funds in Singapore

A Variable Capital Company (“VCC”) is a corporate investment structure that can have underlying cells that may be a mix of open-ended and closed-ended sub-funds.

 

Use of the Variable Capital Company for types of funds in Singapore


Disclaimer: This update is provided to you for general information and should not be relied upon as legal advice.

 

CNPLaw’s Investment Funds Lawyers

Amit Dhume Partner at CNPLaw LLP

Partner

    Amit’s practice focuses on corporate law, investment funds, mergers and acquisitions and regulatory and compliance matters. He has over 15 years’ experience in these areas of law. Amit’s expertise has been recognised in Legal 500 Asia Pacific, 2021 as a Recommended Lawyer for Corporate and M&A as well as Investment Funds. In December 2016, Amit was named by Singapore Business Review as one of the 70 most influential lawyers in Singapore under the age of 40.


    Bill Jamieson is a Partner at CNPLaw LLP. Bill is an English lawyer who is also registered to practise Singapore law in the areas of corporate law, banking and finance and securities laws. He enjoys working in the diverse and dynamic Asian market and helping his clients to achieve their goals.
    Partner

      Bill’s practice focuses on corporate financing transactions, investment funds, mergers and acquisitions, private equity, and employment law matters. His experience includes 10 years in the City of London and over 20 years in Asia. Before joining CNP, Bill was a partner in a well-known international law firm. He is recommended lawyer for Corporate and M&A, Banking and Finance, Investment Funds and Labour and Employment in Legal 500 Asia Pacific 2021. Bill is one of the firm’s contacts for Interlaw, a network of independent full-service corporate law firms ranked by Chambers and Partners in its highest category, “Elite”, amongst all global law firm networks.


      Abel Ho Legal Associate at CNPLaw LLP

        Associate
        Abel is an associate in the Funds team. His main areas of practice are in investment funds, mergers and acquisitions, and regulatory and compliance matters. He regularly assists in the establishment and operation of private funds and hedge funds using Singapore and offshore structures. He also assists in the full range of fund documentation including private placement memorandums, limited partnership agreements, investment management and sub-advisory agreements, administration agreements, and subscription agreements.


        We provide legal advisory services to fund managers, investors and investee companies in relation to both open-end funds and closed-end funds that deal with a variety of asset classes and employ different investment strategies including hedge funds, private equity funds, venture capital funds, mutual funds, commodity funds and exchange traded funds.




          Funds  >   Publication  >   Current Page