Investment Funds 2025

CAYMAN ISLANDS

Cuba

Law and Practice Contributed by: Christie Walton, Patrick Rosenfeld and Philip Dickinson Maples Group

Cayman Islands

Jamaica

Contents 1. Market Overview p.73 1.1 State of the Market p.73 2. Alternative Investment Funds p.73

2.1 Fund Formation p.73 2.2 Fund Investment p.75

2.3 Regulatory Environment p.75 2.4 Operational Requirements p.80

2.5 Fund Finance p.81 2.6 Tax Regime p.82 3. Retail Funds p.83 3.1 Fund Formation p.83 3.2 Fund Investment p.84

3.3 Regulatory Environment p.84 3.4 Operational Requirements p.85

3.5 Fund Finance p.85 3.6 Tax Regime p.85 4. Legal, Regulatory or Tax Changes p.85 4.1 Recent Developments and Proposals for Reform p.85

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