Structures that suit your needs
ARP can also assist firms in setting up a RICC (Recognised Incorporated Cell Company) structure. A RICC is a separate legal entity which allows for the registration and licensing of schemes as “Incorporated Cells” with a separate legal personality under the umbrella of the Incorporated Cell Company (ICC).
Benefits of a RICC structure include:
- allows for incorporated cells with separate legal identities;
- no contamination with other cells on the platform;
- a full flexibility of structure (UCITS, AIF, NAIF, PIF, private equity, etc.);
- a full flexibility of type (open or closed-ended);
- a full flexibility of portfolio assets (listed, unlisted, direct, other CIS, etc.);
- a full flexibility of investment objectives with choice of year end;
- cross investment between cells is permitted;
- the possibility for ICs to establish segregated sub-funds;
- allows to choose their own services providers and directors;
- the standardisation of fund documents, which allows for the establishment of new cells to be faster and cheaper than establishing an entirely new structure;
- the relocation/migration provisions which enable managers to move existing funds onto or off the platform.
Please contact us should you like to learn more about setting up a RICC structure.