Hedge Fund/ Private Equity, Family Office, Impact/ Sustainable Investing
Hong Kong is one of the top asset and wealth management centre in the world. The Securities and Futures Commission (“SFC”) in Hong Kong published a survey that Hong Kong recorded a 2% year-on-year increase in assets under management (AUM) to HKD35,546 billion as at the end of 2021 for Hong Kong’s asset and wealth management business. The total number of staff in the asset and wealth management business increased 12% to 54,003. The Government of Hong Kong also has initiatives to promote Hong Kong as the centre for family office and green financing in recent years.
GCC Capital provides an intergraded approach in dealing with regulatory & compliance, and sustainability communications under one roof to ensure all communications to stakeholders are in one voice.
- In respect of private equity funds, we assist in setting up the private equity fund formation, and advise on selection of fund jurisdiction and type of fund vehicle
- Advise on the process of onboarding private equity investors (including review on private placement memoranda (“PPMs”) and other offering documents
- Advise on regulatory requirements for operating private equity funds under the requirements of SFC
- In relation to hedge funds managers, we advise clients on matters starting from the beginning, including how to set up a hedge fund, how to set up a hedge fund and other operational matters
- Assist in fund formation that includes selection of fund vehicle, fund jurisdiction and fund structure
- Assist in preparing PPMs, and other promotion documents
- Provide operational support in respect of the operations of the hedge fund
- Ongoing regulatory support to comply with SFC’s rules and regulations
- Assist in SFC examination and inspection
- Assist clients in setting up family offices in Hong Kong and advise them in respect of regulatory matters under the Securities and Futures Ordinance (“SFO”), and suggest options for structure that may not trigger to obtain licence from Securities and Futures Commission (“SFC”)
- Ongoing compliance support in account opening, KYC process, and relationship with private banks and other private wealth management firms
- Assist impact/ sustainable investment firms for compliance support in respect of ESG obligations and climate disclosures under the relevant requirements of SFC