Creatrust offers different solutions enabling each fund promoter, depending on their strategies, to set-up their ideal structure.
Solution 1: The stand-alone option consists in setting up a Fund under the form of a Special Limited Partnership on its own. The fund can be managed by an individual or an existing unregulated management company abroad.
Solution 2: The second option consists of setting up Fund under the form of a Special Limited Partnership and separately a limited company belonging to the manager, named the General Partner. Such company will then usually be appointed to manage the Fund. The General Partner is then registered as AIF Manager and remain unregulated under the threshold of 100 000 000 EUR of asset under management.
Solution 3: The third option includes also the setup of both structures (SLP for the Fund & Limited company for the General Partner) but, in this specific scenario, the registered AIFM will no need to become regulated under a limit of 500 000 000 EUR of asset under management. This type of setup is generally used when dealing with Private equity funds or real estate fund types when the assets are not leveraged and there is a minimum lock-up period of 5 years.