Experienced investor funds a good model

Gibraltar supplement: December 2009

Each fund must have two directors authorised by the Financial Services Commission (FSC). If the fund is a unit trust with a corporate trustee or a limited partnership with a corporate general partner, two directors or the trustee or general partner must be FSC-authorised directors.

An EIF may appoint an investment manager in Gibraltar or in any other jurisdiction. It is sufficient under Gibraltar law that the investment manager or advisor is licensed or entitled to give investment management or