Parallel fund structures: An optimal framework to meet the ... - EY
2023年11月13日 · A popular approach in the private equity industry is the use of strategies involving parallel fund structures, where one or more investment vehicles operate as separate legal entities to the main fund, that being the primary fund that an asset manager sets up to pursue its investment strategy and attract capital from investors.
A parallel fund structure is typically made up of a fund which invests and divests alongside a main fund, into a common portfolio of assets. In the example below there is a main or ‘master’ fund alongside a supporting or ‘parallel’ fund - a structure more commonly termed in Luxembourg: Some parallel fund structures are made up of ...
efficient fund structure should therefore seek to minimize tax leakages at all levels - from the main fund vehicle to the portfolio entity holding the investment. The viability of a tax- efficient fund structure should include the following commercial and legal features which would greatly enhance the fund’s marketability: •
Parallel fund structure - (Venture Capital and Private Equity ...
A parallel fund structure is a legal arrangement in which multiple investment funds are established to operate simultaneously, typically with similar investment strategies but tailored to different investor requirements or regulatory environments.
Demystifying Parallel Fund Structures – Aztec Group
2022年7月29日 · In this guide, we will outline how parallel fund structures work, the benefits and operational complexities associated with running these structures, and how an operational provider like Aztec can help you to set up and administer parallel fund structures.
2020年5月12日 · arise between parallel funds and near-parallel funds in PE, real estate and credit funds. The first article summarized the SBAI’s newly released standards and its suggestions for mitigating conflicts of interests while operating parallel funds, including how to determine when two funds are sufficiently “similar” for that purpose.
股权进阶 | 解析平行基金架构 - 新浪财经
2021年4月13日 · 平行基金（Parallel Fund） 通常指由同一或关联的私募基金管理人在同一时期募集设立并以相似投资策略进行投资运作的多支私募基金。 虽然平行基金在法律上是各自独立的法律实体，但在投资业务方面基本采用“同进同退”的方式，如一支基金般运行。 若是不同管理团队管理或是采用毫无关联的投资策略进行投资的多支私募基金，一般不会认定是平行基金。 但平行基金的发展并非局限于其语义，基金的管理团队、财务团队及法务团队在基金“募、投、管、退”过程 …
What is a parallel fund structure? Parallel funds co-invest and divest alongside the main fund, usually on a pro-rata basis per their commitments, so a manager has two funds side by side which invest and divest at the same time in a common portfolio of assets.
What is a parallel fund structure? A parallel fund is a structure where two side-by-side funds invest and divest at the same time in a common portfolio of assets. The terms on which the parallel fund operates are similar to the terms of the main fund, which means that the parallel fund has a common investment policy and common
Parallel Funds in Private Equity | Fund Launch
2024年1月26日 · In the intricate landscape of private equity, parallel funds stand out as a unique and strategic investment structure. These funds are designed to optimize investment flexibility and cater to a diverse range of investors, ensuring that all participants benefit from a unified investment strategy.