February 8, 2023

Setting up a Cayman Islands Investment Manager

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By David Lloyd, Founder & MD, Independent Fund Director The Securities Investment Business Law (“SIBL”) regulates entities incorporated or operating in the Cayman Islands. Almost all managers to investment funds formed in the Cayman Islands are exempt from obtaining a license and are known as an ‘excluded person‘. In order to obtain the exemption from […]

bwin.party shares up as US Investment Manager agrees to buy stake from founders

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From LSE LONDON (Alliance News) – bwin.party digital entertainment PLC saw its shares rise Tuesday after a US investment manager late Monday said that it has agreed in principle to acquire a stake of about 6.1% in the online gaming company from its founders. In a statement, SpringOwl Gibraltar Partners B Ltd, a Cayman company […]