Singapore has cemented itself as Asia's leading family office hub. The Monetary Authority of Singapore (MAS) reported that the number of single family offices in Singapore had crossed 2,000 by the end of 2024, with the trajectory continuing to climb through 2026 as more high-net-worth families and Asian principals consolidate their wealth-management activities here. Yet [...]
For decades, the Cayman Islands has been the default jurisdiction of choice for fund sponsors raising capital from Asian and global investors. The Segregated Portfolio Company (SPC), in particular, became the workhorse vehicle for multi-strategy hedge funds, private equity sleeves, and bespoke managed accounts. But in 2020, Singapore quietly introduced a competitor: the Variable Capital [...]
Introduction For decades, the Cayman Islands Segregated Portfolio Company (SPC) was the default choice for Asia-focused fund managers seeking a flexible, tax-neutral fund vehicle. But times have changed. Since Singapore launched its Variable Capital Company (VCC) framework in January 2020, an increasing number of fund managers — from boutique hedge funds to multi-billion-dollar private equity [...]