Date Published: 4 October 2018
Mr Amit Dhume from CNPLaw LLP (“CNP”), formally known as Colin Ng & Partners LLP, provided insights on Singapore’s passage of new Variable Capital Companies (VCC) Bill to the Singapore Business Review (“SBR”) recently. He highlighted that the VCC Bill is an extremely positive development for the fund management industry in Singapore and also spoke about how it would provide fund managers with greater operational efficiencies, that will further strengthen Singapore’s position as an attractive wealth management jurisdiction. He also mentioned that CNP has already started receiving queries from foreign fund managers who are interested in the proposed VCC structure and are contemplating having a presence in Singapore so that they can manage funds that would be VCCs.
Amit co-heads CNP’s Funds and Financial Services practice and works closely with fund managers to assist them to establish funds and fund management companies and offers the funds in various jurisdictions. He has received the Singapore’s 70 most influential lawyers aged 40 and under-recognition by SBR in 2016.
Disclaimer: This update is provided to you for general information and should not be relied upon as legal advice.
CNPLaw’s Investment Funds Lawyer
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, 2020 as “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.
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.