NAV Loan: LP vs GP
We structured the NAV loan (Net Asset Value loan) so it can be part of a hybrid Active Managed Certificate (AMC), without needing a third party to provide the loan to the General Partner (GP) in a private equity fund.
Tax-Transparent AMCs: A Key Solution for Investors
In today’s increasingly regulated financial landscape, Actively Managed Certificates (AMCs) have emerged as an ideal tax-transparent investment vehicle. Offering both flexibility and clarity, these regulated instruments ensure that investors can maximize returns while maintaining compliance with tax regulations. For asset
Owning your own issuing platform, be it a Protected Cell Company (PCC) or Incorporated Cell Company (ICC) vs. renting
It all comes down to cost. Setting up your own PCC or ICC has a significant capital outlay, as well as accounting for a minimum annual maintenance cost. If you have deals of only £1 to 5 million, you will
Navigating the evolving landscape of AMCs for South Africans
South Africa boasts a sophisticated banking and investment infrastructure, yet the market for Actively Managed Certificates (AMCs) faces distinct challenges compared to its offshore counterparts. A complex web of regulations, including the Exchange Control Act, the Stock Exchange Act, the