Case Study Cayman fund of funds structure


A large Japanese banking institution wished to create a fund of funds structure. The purpose of the structure was to pool a number of Japanese pension fund clients together to invest in a portfolio of offshore (predominantly US and Euro) private equity funds.

Our solution

A Cayman general partner (GP) and limited partnership (LP) structure was established. The banking institution pooled the pension fund clients together, creating separate investors for each pension fund client (the limited partners). The GP entered into an Advisory Agreement with the investment advisor, a Hong Kong–based banking institution. In relation to the services provided by the investment advisor, the GP pays an advisory fee to the investment advisor out of the management fees, received by the GP from the LP.


Our services

Administration, accounting, company secretary, registered office, compliance services and director services.


  • Memorandum and Articles of Association
  • Limited Partnership Agreement
  • Investment and Management Agreement
  • Investment Advisor Agreement
  • Administration Agreement
  • Director Services Agreement

To find out more and speak to one of our specialists

Get in touch

We are a First / Names Group Company