Singapore variable capital companies: the many uses and benefits

Abstract

Purpose

To show different ways the Singapore Variable Capital Company (“VCC”) can be employed and utilized.

Design/methodology/approach

Describes how the Singapore VCC can be used in master-feeder structures, umbrella structures, a “plug-and-play” model, sub-fund structures with different assets and different investors, open-ended structures, and structures that allow for tokenization of securities and the offering of VCC shares as digital securities.

Findings

The flexibility of the VCC allows it to be used across different fund strategies, investor classes and asset classes.

Originality/value

Practical analysis, guidance and market commentary from experienced investment funds lawyers.

Citation

Koh, J. and Lee, J. (2021), "Singapore variable capital companies: the many uses and benefits", Journal of Investment Compliance, Vol. 22 No. 3, pp. 227-231. https://doi.org/10.1108/JOIC-04-2021-0012