Investment Funds
Fund structuring, manager compliance and lifecycle admin across Cayman, BVI, Bahamas, Lux, UAE.
PWS Offshore structures private funds — closed-end PE and VC, open-end hedge, hybrid credit and tokenised vehicles — across Cayman, BVI, the Bahamas, Luxembourg and the UAE. We work with first-time managers scaling into an institutional wrapper and established GPs launching parallel vehicles.
The design decision is a triangle: investor base, strategy, and cost of ongoing compliance. We size the wrapper to the fund's actual capital-raise trajectory — not the biggest wrapper the manager could theoretically justify.
Every fund is built with independent directors, administrator selection, audit and legal counsel coordinated as one multidisciplinary project. Substance is designed into the structure from the first day rather than retrofitted at year-end.
Scope of engagement
- Vehicle structuring, 6+ jurisdictions
- Independent local directors
- Economic substance frameworks
Typical clients
- First-time managers with $10m–$100m in soft commitments
- Established GPs launching a parallel or successor vehicle
- Family offices formalising internal capital into a fund wrapper
- Tokenisation platforms wrapping on-chain strategies into regulated vehicles
A coordinated specialist team, from first call to handover.
Wrapper, jurisdiction, share classes, fee structure and investor rights mapped to the raise.
Fund entity, GP/manager, administrator, auditor, legal counsel and independent directors appointed.
PPM, subscription documents, LPA/M&AA and side-letter framework drafted.
Regulator registration, banking, first-close mechanics and investor onboarding.
What you receive.
Every engagement closes with a specialist-reviewed handover pack — retained on file for thirty years.
- Fund and manager entity structure
- PPM, subscription and constitutional documents
- Independent directors and administrator appointments
- Regulator registration and banking
- Economic substance and reporting framework
Jurisdictions in active use for this service.
Questions we hear on every intake call.
- How much AUM do I need to launch a fund?
- For a Cayman or BVI wrapper, most first-time managers launch with $10m–$30m in soft commitments. Below that a managed account or SPV is usually more cost-efficient.
- How long does it take to launch a Cayman fund?
- Six to twelve weeks from engagement to first close, assuming manager KYC and PPM negotiation run in parallel.
- Do I need independent directors?
- For any fund accepting third-party capital, yes — both for governance and because most institutional investors require it in the LPA.
Start with a twenty-minute call. Leave with a written scope.
Every engagement begins with our advisory team and is assigned to the relevant specialists. Fixed fees are quoted in writing before any work begins.