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Setting up a fund in the sun

The Cayman Islands has become an increasingly popular domicile for hedge funds

In recent years, the Cayman Islands has established itself as a premier offshore jurisdiction for fund domicile.

The ethos of the jurisdiction is to provide a sound legal framework ' based on English law but with significant amendments often by way of simplification ' and a sensible regulatory regime to underpin investor confidence but without excessive bureaucracy.

There are three primary

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