While clients work towards retaining profits, it is essential that they are aided with the right vehicles to do so, continuing to maintain clarity with investors.
Private equity and venture capital funds in Cayman are usually structured as exempted limited partnerships for this exact reason, as they allow all investors to review their profits garnered over time - without as many intrusions from a large number of shareholders.
Please see this in-depth review of ELPs and the reason for their popularity as of recent, that I completed during my time at the amazing Loeb Smith.
Forbes, Board of Directors Blind, Founder and CEO of The Compliance Search Group and Wecruitr.com, Co-host of the Blind Ambition Podcast
2moThank you for being such a great guest Whitnie Narcisse