The Fund Domiciles and Regulation Report
The race to attract private fund business has been growing more competitive of late. Luxembourg, Cayman islands and Delaware may still reign supreme in the domicile battle, but other jurisdictions are throwing their hats into the ring. Ireland, for example, recently introduced the Irish Limited Partnership, heralding a new era that will make it easier for real estate managers to do business there. The UK government too is angling for a slice of the pie in future. Moving eastward, Hong Kong, Singapore and Japan have all made regulation changes to make themselves more appealing.
And ESG is also coming in to play in domicile deliberations. A key takeaway from this year’s report is this – if you want to attract capital, domicile somewhere that has high ESG standards and best practice. Investors increasingly expect it.