Legal Update on amendments to the Cayman Islands Private Funds Law 2020 and what this means for private equity funds and closed ended investment vehicles domiciled in the Cayman Islands – further update
Purpose The purpose of this legal update is to: (i) inform you of the enactment of the Private Funds (Amendment) Law, 2020[1] on 7 July 2020 (the PFL Amendment) which introduces some important changes to the Cayman Islands Private Funds Law 2020[2] (the Private Funds Law and together with the PFL Amendment and regulations[3] pertaining…