Global menu

Our global pages

Close

Part 1 - Overview of the limited partnership fund: How does Hong Kong match up to the Cayman Islands and Singapore?

  • Hong Kong
  • Investment funds and asset management
  • Financial services

07-08-2020

The new Limited Partnership Fund Ordinance will take effect on 31 August 2020 which represents a significant milestone for Hong Kong, allowing private equity and venture capital (“PE/VC”) funds to domicile and operate in one onshore jurisdiction.

In the lead up to 31 August 2020, Eversheds Sutherland will be issuing a four-part series taking an in-depth look at the limited partnership fund (“LPF”) and rates the LPF regime against comparable jurisdictions, namely the Cayman Islands and Singapore. We have chosen these two countries as suitable comparators because the Cayman Islands remains the top offshore fund domicile in Hong Kong for PE/VC funds while Singapore is the main competitor to Hong Kong as the premier international financial centre in Asia.

We kick off our series with an overview comparing features of Hong Kong’s LPF against the Cayman Islands’ exempted limited partnership (“Cayman ELP”), and Singapore’s limited partnership (“Singapore LP”) structures.

Read full article here.

Paul Moloney, Partner
Helen Wang, Of Counsel
Gigi Ma, Associate

< Go back

Print Friendly and PDF

© Eversheds Sutherland 2021. All rights reserved. Eversheds Sutherland is a global provider of legal and other services operating through various separate and distinct legal entities.

Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed and affiliated firms and the members of Eversheds Sutherland (Europe) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements and operate in accordance with their locally registered names. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the Eversheds Sutherland Entities are in a partnership or are part of a global LLP. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client.