Article 84 - Special Investment Fund
(1) A special investment fund is any Company , Partnership , trust or Other Permitted Form of QFC Entity which—
(a) is not a Registered Fund ;
(b) is managed by an Approved QFC Entity ; and
(c) is established solely for one of the permitted activities listed in Article 84(2).
(2) The permitted activities are—
(a) private equity investments;
(b) venture capital investments;
(c) making investments, including investments in property;
(d) making investments on behalf of a Single Family .
(3) An Approved QFC Entity is a Person permitted to manage the special investment fund under an approval, an authority or a licence (however described) given by the QFC Authority under the QFC Law .
Amended (as from 18th June 2014) |