TriCam Global VCC

TriLake Partners and Camelot Trust partner to offer simple, fast and cost-effective Variable Capital Company (VCC) funds.

Whatever the jurisdiction, setting up a fund is expensive and tedious. The process involves many players who must be identified and with whom fees and costs must be negotiated (bank, auditor, fund administrator, lawyers, corporate secretary, authorities, etc.). One must also have or obtain a fund management license, not accessible to everyone and cumbersome to maintain. The procedure is usually very time-consuming. For all these reasons, TriLake Partners and Camelot Trust have joined forces to set up TRICAM GLOBAL VCC, a fully regulated Singapore VCC, and offer you the possibility of accessing a fund compartment dedicated exclusively to you. Within that compartment, and subject to approval, you are free to choose your investment and distribution policy, income structure, etc. In summary, TRICAM GLOBAL VCC offers you a turnkey solution, providing faster, easier, and more cost-effective access to a VCC structure

TriCam Global VCC

TriLake Partners and Camelot Trust partner to offer simple, fast and cost-effective Variable Capital Company (VCC) funds.

Whatever the jurisdiction, setting up a fund is expensive and tedious. The process involves many players who must be identified and with whom fees and costs must be negotiated (bank, auditor, fund administrator, lawyers, corporate secretary, authorities, etc.). One must also have or obtain a fund management license, not accessible to everyone and cumbersome to maintain. The procedure is usually very time-consuming. For all these reasons, TriLake Partners and Camelot Trust have joined forces to set up TRICAM GLOBAL VCC, a fully regulated Singapore VCC, and offer you the possibility of accessing a fund compartment dedicated exclusively to you. Within that compartment, and subject to approval, you are free to choose your investment and distribution policy, income structure, etc. In summary, TRICAM GLOBAL VCC offers you a turnkey solution, providing faster, easier, and more cost-effective access to a VCC structure

What it takes

All we need is a description of your project and investment policy, an estimate of the volume of subscriptions and underlying assets, a summary of your distribution plan, cost and income scheme, and the desired frequency of NAV calculation and reporting.

Our lawyers will then draw up an addendum to our global prospectus, fitted specifically to your project. A sub-fund will be declared to the Accounting and Corporate Regulatory Authority (ACRA) with the name of your choice and ready to use. A contract between you and TriLake Partners designates you to be the technical advisor to the sub-fund, responsible for providing TriLake Partners with advice and research on the portfolio. Oversight and management is exercised at all times by TriLake Partners in its capacity as the approved fund manager. Your sub-fund could be up and running within a week or two.

Roles and duties.
TriLake Partners: Regulated Fund Manager
Camelot Trust: Corporate Secretary & Fund Administration

Singapore VCC

A game changer for asset management in Asia Pacific.
The Variable Capital Company (VCC) is the latest investment fund innovation: a new Singapore legal entity specifically designed for investment funds. It can be used for traditional and alternative strategies, both on an open-ended or closed-ended basis.

The VCC is already considered to be a game changer for asset management in Asia Pacific, and expected to become a serious competitor to Luxemburg, Irish or Cayman investment fund structures. VCCs are incorporated by the Accounting and Corporate Regulatory Authority (ACRA) and supervised by the Monetary Authority of Singapore (MAS), both directly through the Securities and Futures Act (SFA) as pertaining to funds, and indirectly through the regulatory oversight over fund managers. It is possible to re-domicile foreign corporate funds to Singapore as a VCC. VCCs require a Singapore-based licenced or regulated fund manager, unless exempted under the regulations. The Fund Manager of a VCC can delegate fund management activity and operational duties to other parties (e.g. a sub-manager) that are regulated as fund managers in other jurisdictions, provided the Fund Manager of the VCC retains overall responsibility and oversight. VCCs can have a single shareholder or hold a single asset. They can thus be used in the context of a Master Fund – Feeder Fund structure. A VCC can be set up as a standalone entity, or as an umbrella entity with multiple sub-funds totally segregated from one another, thus offering a high degree of protection.

Singapore VCC

A game changer for asset management in Asia Pacific.
The Variable Capital Company (VCC) is the latest investment fund innovation: a new Singapore legal entity specifically designed for investment funds. It can be used for traditional and alternative strategies, both on an open-ended or closed-ended basis.

The VCC is already considered to be a game changer for asset management in Asia Pacific, and expected to become a serious competitor to Luxemburg, Irish or Cayman investment fund structures. VCCs are incorporated by the Accounting and Corporate Regulatory Authority (ACRA) and supervised by the Monetary Authority of Singapore (MAS), both directly through the Securities and Futures Act (SFA) as pertaining to funds, and indirectly through the regulatory oversight over fund managers. It is possible to re-domicile foreign corporate funds to Singapore as a VCC. VCCs require a Singapore-based licenced or regulated fund manager, unless exempted under the regulations. The Fund Manager of a VCC can delegate fund management activity and operational duties to other parties (e.g. a sub-manager) that are regulated as fund managers in other jurisdictions, provided the Fund Manager of the VCC retains overall responsibility and oversight. VCCs can have a single shareholder or hold a single asset. They can thus be used in the context of a Master Fund – Feeder Fund structure. A VCC can be set up as a standalone entity, or as an umbrella entity with multiple sub-funds totally segregated from one another, thus offering a high degree of protection.