Fund Structuring

The three questions a fund sponsor has to answer.

Which jurisdiction. Which management company. Which service provider. Three decisions that together define a fund's cost base, operational quality, and ability to raise capital — and three decisions most sponsors make with incomplete information.

Three decisions

Jurisdiction, management company, service provider.

A well-structured fund starts with three sequential decisions. Each one narrows the set for the next. These guides are written for sponsors making the decisions once and wanting to get them right, not marketing pieces designed to funnel you into a specific product.

1. Which jurisdiction.

A 2026 comparison of seven fund jurisdictions — ADGM, mainland UAE under the new CMA regime, DIFC, Cayman, Luxembourg, Ireland, and Singapore/Hong Kong — with honest "strongest for" and "weaker for" framing. Includes the GCC Funds Passporting Regime for sponsors targeting broader Gulf distribution.

Where to launch a fund in 2026  →

2. Which management company.

A practical framework for evaluating an ADGM Management Company — what "ManCo depth" actually means, the six dimensions that matter operationally, and the signals that distinguish a genuine specialist from a paper-only ManCo. Written for sponsors whose chosen jurisdiction is the ADGM.

Choosing an ADGM ManCo  →

3. Which service provider.

A framework for evaluating a Funds-as-a-Service (FaaS) provider when the sponsor already runs their own investment mandate but needs regulated infrastructure. Covers what a FaaS relationship should cover, the commercial and operational red flags, and how to benchmark providers against one another.

Choosing a FaaS provider  →

The vocabulary.

Plain-English definitions of the 35 terms a sponsor meets in a structuring memorandum, an offering document and an FSRA application: the vehicles (OEIC, CEIC, PCC, ICC, LP, trust), the classifications (QIF, Exempt Fund, Public Fund), the investor categories and the operating documents.

ADGM fund glossary  →

The calendar and the bill.

What happens in the 8 to 12 weeks between engaging an ADGM Management Company and opening a fund for subscription, what moves that timeline in either direction, and every cost line a sponsor should expect to see in writing before committing.

Launch timeline and costs  →
Next step

Start a conversation.

Office 2306, 23rd Floor, Tamouh Tower,
Al Reem Island,
PO Box 7851, Abu Dhabi, UAE

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