VARIABLE CAPITAL COMPANY (“VCC”) AND
PRIVATE EQUITY (“PE”)
Variable Capital Company (“VCC”)
VCC is a corporate structure in Singapore. Its structure is flexible and suitable for a wide range of investment products. It can be established as a single standalone or an umbrella fund with several sub-funds holding different investments. It allows for pooling investors according to their investment objectives and risk appetite; together they can invest into one vehicle.
As a licensed fund management company, Abacus can act as a Fund Manager of VCCs to manage the investments, which may consist of various asset classes with different investment strategies.
Benefits of VCC
High level of confidentiality
Flexibility of dividend payouts from capital
Funds can apply for Tax Incentive/Exemption Schemes
Cost efficiencies – share common resources with umbrella funds
The structure of funds can be used for both open-ended and close-ended funds
Different sub-funds can be set up for the separation of investment strategies or asset classes
Our team and specialized partners coordinate to assist you in incorporating or re-domiciling, setting up, structuring, and managing VCCs in Singapore. Contact our team today to seek guidance and consultation on setting up a VCC in Singapore.
For more information, please visit the Singapore Government webpage containing the key features of VCC released by Accounting and Corporate Regulatory Authority, or full legislation released by Monetary Authority of Singapore.
Private Equity (“PE”)
Singapore has led South-East Asia (“SEA”) in the ecosystem for start-ups and is also a key base for managers of PE funds to target the PE deals in SEA. Via our partnership with professional service providers, we can assist you or your family office in searching, performing due diligence, and monitoring the PE deals and PE funds which are a good fit for your and your family’s investment strategies.