Gunners Quoin is a basaltic island found approximately 4.5 kms off the northern shore of the island.
Hardened by the very harsh climatic conditions prevailing on this island, we value the resilience it portrays given the intertemporal challenges that our clients face in the corporate world.
A Variable Capital Company (VCC) enables Mauritius funds to carry out business through one or more sub-funds and special purpose vehicles, all housed within the same structure. A sub-fund of a VCC may elect to have separate legal personality from that of the VCC itself.
The VCC can comprise of both Collective Investment Schemes and Closed-End Funds. A sub-fund of a VCC can also act as a feeder fund or a master fund.
Some of the benefits of a VCC include ring-fencing of the assets and liabilities of each sub-fund or SPV, cost efficiency, streamlining management and operations in one entity comprising separate units, flexibility regarding the distribution and payment of dividend out of capital rather than profits.