A NEW COLLECTIVE INVESTMENT SCHEME STRENGTHENS GIBRALTAR POSITION AS A PREMIER FUND JURISDICTION

SIBC Capital PCC Limited (the “Fund”), an Experienced Investor Fund (“EIF”) structured as protected cell company launched on the 27th May 2016. The Fund has initially established one cell, Cell A – Small & Medium Sized Enterprises. Cell A has been established as a closed ended cell and intends on having an investment horizon of 5 to 7 years. Cell A will invest in small and medium sized enterprises established in the European Union.

An EIF structured as a protected cell company has the ability to establish as many fully segregated (in terms of assets and liabilities) cells as it chooses. Once a new cell has been established a simple notification process must be carried out to the Gibraltar Financial Services Commission (“FSC”). Providing that the directors of the fund in question have the relevant and suitable experience and expertises a fund can operate various investment objectives and strategies within each Cell. The Fund intends on establishing several new cells, in the near future, which will operate differing investment objectives and strategies in order to provide potential investors with broader investment opportunities under the umbrella of the Fund.

EIFs are collective investment schemes established under the Financial Services (Collective Investment Schemes) Act 2011 and the Financial Services (Experienced Investor Funds) Regulations 2012 and are regulated by the FSC. The Fund is also registered with the FSC as a self-managed small alternative fund manager. For further details on Gibraltar’s fund offering please see visit our “Reading Room” page on our website. Don’t miss out this interesting investment funds ebook! The Fund is but a recent addition to Gibraltar’s ever growing EIF sector further cementing Gibraltar’s position as one of Europe’s premier funds jurisdictions.

Triay & Triay’s Financial Services team have advised on the Gibraltar law aspects and the regulatory requirements regarding the establishment the Fund). Please do not hesitate to contact us should you require any further information Gibraltar’s fund offering.