Gibraltar Funds
...attracting many investors and asset managers looking for a competitive European member state that meets EU requirements, is OECD compliant and yet is able to offer a competitive tax regime.
There is no better endorsement than the industry professionals themselves who in recognising a jurisdiction where they feel comfortable due to its stability, credibility, and competitiveness on the international stage establish their own business within that jurisdiction.
Such an endorsement has been given to Gibraltar by Burren Capital who have announced that their new hedge fund, the Burren Arbitrage Fund, will be launched on 1st July with a start-up capital of $500 million, making it the largest this year.
This comes at a time when asset managers who would usually start-up a fund of this magnitude in one of Europe’s main centres such as London are looking for alternatives. Gibraltar not only offers a competitive tax regime for the business itself but also for highly skilled employees, making it an attractive jurisdiction for many businesses to consider.
For further information please contact Joey Imossi at joey.imossi@fiduciarygroup.com or on telephone number +35020076651.