Collas Crill acted for Portfolio Holdings PCC Limited on the establishment of a Guernsey Class B open ended investment fund as a Protected Cell Company (PCC), to be used as a platform by the promoter for its offshore investment funds.
The first fund was established as an FX Fund, working with an FX trading team based in South East Asia.
The transaction, worth approximately $50,000,000, involved corporate and commercial group partner Paul Wilkes, associate Alex Wickens and trainee solicitor Emma Taylor.
