In addition, if the investment management agreement between the fund and the investment manager are drafted correctly and timely executed, further income deferral is possible. When the investment advisory agreement is drafted properly and timely executed, you will be able to control the timing, tax character and amount of taxable income reportable in your home country. The goal of the agreements is to allow you to offer research services to the offshore investment manager for a fee. To do this, you need an agreement between the offshore investment manager and a sub-agreement between the investment manager and the investment adviser. Such "advisory" services (i.e., an independent research analyst) is not a regulated business activity. If you live in a country where a such a distinction exists, and if you set up the hedge fund's manager in such a country, you should position yourself through contracts as an investment adviser to the offshore investment manager. However, there is legal distinction between “investment manager” and “investment adviser” in most other countries. In the United States, an investment adviser is an investment manager. If you (as the hedge fund sponsor) set up the hedge fund management company outside of your home country, you should have a sub-agreement for "advisory" services between yourself and the offshore hedge fund management company. Use of Investment Adviser Sub-Contracts Many hedge fund sponsors opt to set up a hedge fund management company outside of their home country, whether for tax, commercial, or regulatory reasons.
Launching an incubator hedge fund registration#
SEC Registration and Contact Us for Assistance The SEC, it is a very light regulator of foreign-based hedge fund managers. The SEC registration process is very simple and relatively streamlined. Securities and Exchange Commission (SEC) without regard to the amount of assets under management.
Fortunately, any foreign based investment manager is eligible to register with the U.S. If your home country’s licensing requirements put investment manager registration out of reach, consider getting licensed in the United States. investment adviser registration is to satisfy a brokerage and/or bank’s requirement that a hedge fund’s manager be licensed somewhere before it is willing to supply bank and/or brokerages services to a new hedge fund. investment manager to avoid home country licensing issues and to make the hedge fund more attractive to U.S. Investment Adviser Registration Many hedge fund sponsors based in other parts of the world choose to set up a U.S.
0 kommentar(er)
