For individuals, families, and family offices, a private fund offers a compelling alternative to companies, trusts, and foundations for managing and preserving wealth.
As a long-standing and well-understood structure, a private fund is valued for its flexibility and cost-effectiveness, and is commonly used to hold a range of assets including investments, real estate, and luxury, high-value possessions.
In the Isle of Man, the vehicle for a private fund is the exempt scheme, an efficient and attractive option for small groups of connected parties, often referred to as a “Friends & Family” arrangement.
Quick and straightforward establishment, unrestricted investment scope, a favourable tax environment and a light regulatory framework has cemented their popularity.
