Progress bar
Insight

Hong Kong New Limited Partnership Fund

Insight 6 October 2020

Hong Kong New Limited Partnership Fund

Key features of the LPF Regime – and a useful comparison against the incumbent “gold standard”, the Cayman GP-LP

The Limited Partnership Fund Ordinance of Hong Kong came into effect on 31 August 2020. The LPF Ordinance creates a new Hong Kong domiciled legal vehicle called a Limited Partnership Fund (LPF) which shares many, if not all, the characteristics of a Cayman Islands exempted Limited Partnership registered under the Exempted Limited Partnership Law (2020 Revision) of the Cayman Islands.

Catherine Law, Head of Business Development, Asia Region at Sanne and Gaven Cheong, Partner at Simmons & Simmons discuss in this technical briefing note the key features of the LPF Regime – and a useful comparison against the incumbent “gold standard”, the Cayman GP-LP.

Read our latest thought leadership

Cayman Islands vs. Hong Kong

6 October 2020 Click here to receive the article
Image

Other insights from Catherine Law

Image
Insight 15 June 2021
Private Debt Comes of Age in Asia
Card link - Go to a specific page
Image
Insight 25 May 2021
Webcast | Hong Kong tax concessions on carried interest
Card link - Go to a specific page
Image
Insight 18 May 2021
Hong Kong introduces new onshoring funds reimbursement scheme of HK$1million
Card link - Go to a specific page